The minister of foreign affairs, Bogdan Aurescu will have on Monday political consultations with his Pakistani counterpart, Makhdoom Shah Moahmood Hussain Qureshi, in an official visit that the head of diplomacy from that country will pay to Romania, between 9th and 10th January 2022, the Ministry of Foreign Affairs (MAE) informs. According to the quoted source, it is the first visit to Romania of a Pakistani minister of foreign affairs over the last decades and it takes place in the context of a ‘positive dynamics’ recently recorded in the Romanian-Pakistani relations, including on the basis of the ‘essential support’ which Pakistan offered to Romania’s efforts to evacuate their own citizens from Afghanistan, the citizens from other countries and from allied countries as well as the evacuation of a number of 156 Afghan citizens in risk situations, in August and September 2021. ‘During the political consultations of the two ministers of foreign affairs there will discussions about ways to develop bilateral relations, to deepen the political dialogue as well as the economic and sectorial cooperation between the two countries. Similarly, there will be discussions about the consolidation of the dynamics of relations between the EU and Pakistan and the main evolutions of mutual interest for the two countries, focusing on the region Indo-Pacific and the situation in Afghanistan’ the press release sent by MAE says.On the occasion of the visit there will be signed a cooperation agreement between the Chamber for Commerce and Industry of Romania and the Association of the Chambers of Commerce and Industry of the Islamic Republic of Pakistan and a framework-agreement for cooperation which includes an exchange of grants between the Polytechnic University in Bucharest (UPB) and the University in Islamabad.
Graffiti Plus (GRF+), active in Romania's communication consulting market, has signed the contract for the National Recovery and Resilience Plan (PNRR) funding for its listing on the AeRO market of the Bucharest Stock Exchange (BVB). GRF+ is also preparing to launch the private financing round it is conducting as a first step toward its debut […]
The wooden church from the village of Oncești, one of the oldest monuments in the heritage of the Maramureș Village Museum “Mihai Dăncuș” in Sighetu Marmației, has been restored. The church has now returned to the tourist circuit through the support provided by the US Ambassadors Fund for Cultural Preservation, in a project coordinated by […]
The Bucharest Stock Exchange (BVB) announced the establishment of its Corporate Governance Committee on Thursday, December 4, to support the implementation of the revised 2025 BVB Corporate Governance Code. Romania’s capital market recently celebrated 30 years of activity and is undergoing significant corporate governance reform. The revised BVB Corporate...
Daniel Băluţă, the mayor of Bucharest's District 4, signed the order to start work on the extension of the M4 subway line on Thursday, December 4. The investment is valued at EUR 3.5 billion and the route will be 11 kilometers long, between Gara de Nord and Gara Progresul railway stations. The extension will have 14 […]
Ten entrepreneurs and executives have launched Food Angels Hub, a community of investors dedicated to the food sector. The aim of the hub is to “develop and scale functional and profitable companies in the food, hospitality and food-tech sectors” and “turn Romania into a reference point for food innovation in the CEE region.” The founders […]
Romanian developer IULIUS announced that it secured a syndicated loan facility amounting to over EUR 305 million for its Palas Iași mixed-use complex. The financing is provided by a consortium made up of Erste Group Bank Austria, BCR, Raiffeisen Bank Romania, and Raiffeisen Bank International Austria. The loan will support the remodelling of Palas Iași […]
