President Nicusor Dan, received, on Monday, at the Cotroceni Palace, the President of the National Assembly of the Republic of Korea, Woo Won-shik, who is on an official visit to Romania, informs the Presidential Administration.During the meeting, the cited source indicates, the President of Romania and the President of the National Assembly of the Republic of Korea highlighted the excellent dynamics of the bilateral dialogue, in the context of the adoption last year of the Joint Declaration on the consolidation of the Strategic Partnership between Romania and the Republic of Korea and the celebration of 35 years of bilateral relations.The two high officials expressed appreciation for the depth of the bilateral relationship, in political, economic and cultural terms. The very good cooperation was highlighted, and especially the development prospects in the fields of defense, energy and infrastructure.President Nicusor Dan emphasized the interest in increasing South Korean investments in Romanian defense, civil nuclear energy - Cernavoda Nuclear Power Plant, SMR - renewable energy, infrastructure projects, such as cooperation between the ports of Constanta and Busan, and the fields of IT&C and new technologies.Both sides expressed their wish to expand cooperation and dialogue in the fields of culture, education, tourism and people-to-people contacts.In turn, the President of the National Assembly of the Republic of Korea showed this visit has a special significance, given both this year's anniversary and the potential for developing the strategic partnership. The high-ranking Korean official emphasized the investment interest of South Korean companies in Romania and reconfirmed support for Romania's accession to the OECD.The agenda of the discussions also included the security situation given by Russia's war of aggression against Ukraine and the involvement of North Korea in support of Russia, with global implications. Both sides expressed support for Ukraine and the efforts to reach a lasting peace. "Both Romania and the Republic of Korea share the same values and principles of the rules-based international order," the Presidential Administration said. (Photo:https://www.presidency.ro/)
During the Executive Committee meeting on Thursday, November 20, the Romanian Gymnastics Federation decided to dissolve the national teams after a series of public accusations of harassment. The accusations are not new. At the end of October, upon returning to the country after the World Gymnastics Championships in Jakarta, 23-year-old athlete Denisa Golgotă revealed that […]
Chinese electronic giant Xiaomi has opened its first physical store in Romania as part of a broader strategy to strengthen its presence on the local market, with additional retail expansion planned for 2026. The new Xiaomi Store, located in Bucharest’s ParkLake Shopping Center, is the company’s first directly operated retail space in the country and […]
Romania will introduce new penalties for retailers that refuse to replace defective products, under a new law recently promulgated by president Nicușor Dan. The measure requires traders to provide a replacement within 30 days when customers report that a purchased item is faulty, whether the purchase was made in-store or online. The retailers that fail […]
Romanian saber fencer Vlad Covaliu was named the best in the world in the junior category for the second consecutive year, according to a press release from Bucharest-based CS Dinamo. The winners of the 2024–2025 World Cup were awarded over the weekend at the International Fencing Federation 2025 Congress held in Manama, the capital of […]
Romanian Finqware (17th), Questo (18th), Footprints AI (21st), and Steepsoft AI (28th) are among the fastest-growing technology startups in the region, included in the main category of the Deloitte Technology Fast 50 Central Europe 2025 ranking. The ranking measures the growth rate between 2021 and 2024. This year's ranking, now in its 26th edition, is […]
Verbund Wind Power Romania, the Romanian subsidiary of Austrian energy company Verbund, has selected a consortium comprising Prime Batteries Technology and Enevo Group for the supply and integration of a new Battery Energy Storage System - BESS with a capacity of 76 MWh and an absorption/delivery capacity of 48MW. Verbund operates a 226 MW wind […]
