Klaus Iohannis was welcomed Tuesday by his South Korean counterpart Yoon Suk-yeol at the Presidential Palace.The Romanian head of state is on an official visit to the Republic of Korea from Monday to Wednesday.The Presidential Administration in Bucharest announced that these political consultations between Iohannis and his counterpart will focus on strengthening the Strategic Partnership, political-diplomatic and defence cooperation, and the main regional and global challenges, as well as boosting sectoral areas, with a focus on increasing trade and investment in green and nuclear energy, new technologies, IT&C, environment and climate change management, infrastructure, health, education and other new areas.On the occasion of the visit, the "Joint Declaration on Strengthening the Romania - Republic of Korea Strategic Partnership" is adopted at the highest level, a document that will set out the main directions of cooperation targeted by both parties for the next 10 years. Klaus Iohannis on Tuesday, at a dinner hosted in his honour by South Korean President Yoon Suk-yeol, said that this marked "the beginning of a new chapter" in the bilateral relation between the two countries."It is the beginning of a new chapter in our bilateral relations built on true friendship and strengthened by a strong Strategic Partnership," the head of state said.He stressed that "Romania is a key member of the EU and NATO" and highlighted the "complementarity" between the two countries."We share fundamental values and a similar vision for the future, making the two nations close partners," Klaus Iohannis added, speaking about the signing of the Joint Declaration on Strengthening the Romania - Republic of Korea Strategic Partnership, a document that will set out the main directions of cooperation both countries have in view for the next 10 years.On Tuesday, several cooperation documents were signed between the two countries, including a cooperation agreement in the area of defence, according to which the procedures for opening military attaché offices in Bucharest and Seoul are facilitated.Cooperation documents were also signed in the areas of energy, emergency situation management, culture, media, youth and sports.
Deloitte Romania assisted AQUILA, leader in the integrated distribution and logistics services for the fast-moving consumer goods market in Romania and the Republic of Moldova, in the acquisition of Romtec Europa, the company that produces car care fluids and aerosols. The transaction, valued at 3.2 million euros, was signed in December 2023 and completed recently, following approval from […]
CBRE Romania, the leader in providing commercial real estate services, launches an analysis regarding the business potential and alternative investment and development opportunities in Timiș County. According to the analysis, Timiș stands out as a vital centre of Romanian agriculture, ranking first in agricultural area with 693.034 hectares and second in organically cultivated land area. […]
By the end of 2024 the stock of modern retail spaces will overpass 4.5 mln. sq. m setting a new record for Romania. Circa 186,000 sq. m could be added to country’s modern retail stock if taking into consideration under-construction projects. The popularity of the specialized format is noticed in the forecasted developments, claiming 95% […]
The average office fit-out costs have increased by around 15-20% during the past 12 months, but they still remain among the lowest in the Central and Eastern Europe (CEE), according to data from the Cushman & Wakefield Echinox real estate consultancy company. With an average level of €943 per sq. m of office space, the […]
Romania is present at the 10th edition of the EU-Startups Summit in Malta, the biggest event for tech startups in Europe, through RoTechMission, a delegation organized by DiFine PR, Techcelerator and ROTSA (Romanian Tech Startups Association). More than 2,000 people, including 1,000 entrepreneurs and 300 investors, will attend the event, which takes place from May […]
AeroVacanțe, part of the Aerotravel group, is betting in 2024 on new destinations, more accessible for Romanians, as a result of the growing demand for holidays in new destinations untouched by mass tourism. Thus, the agency introduces for this summer 14 charter flights to Lesbos, the third largest island in Greece, where the costs of […]
