President of the Republic of Moldova Maia Sandu invited on Monday Romanian companies to invest in the EU hopeful, telling the Economic Forum "Investments - Development - European Integration" taking place in Chisinau that Moldova will receive 1.9 billion euros worth of financing for investment development, a facility Romanian companies can also benefit from."This year, under the European Union's Growth Plan, Moldova secured an ambitious investment package of 1.9 billion euros dedicated to modernizing the economy, developing infrastructure and preparing accession. It is also a concrete opportunity for European companies, Romanian businesses in particular, which enjoy the advantage of language, proximity and an already consolidated relationship. I therefore extend an open invitation to Romanian companies to contribute to the transformation of the Republic of Moldova, to be part of a growing economy which is gradually joining the European market it is increasingly connected to," said Sandu. She added that Romania is not only the Republic of Moldova's strategic partner, but also its soul partner.The leader from Chisinau emphasized that the Republic of Moldova's path towards the European Union passes, without a doubt, through Romania."Romania is not only our strategic partner, it is also our soul partner. No other country has invested more, believed more and constantly supported us more in our European journey. Our path towards the European Union passes, without a doubt, through Romania, including through the companies, institutions, support and trust offered by our partners across the Prut," said Maia Sandu.The Moldovan President also said that Romania is "the number one investor in the Republic of Moldova" and that "the Romanian economic presence is solid and diversified"."Today, Romania is the number one investor in the Republic of Moldova. The Romanian economic presence is solid and diversified, from green energy to logistics, IT, furniture, sustainable agriculture or education, but the changes we have implemented in recent years in Chisinau show that we can do even more. The Republic of Moldova is an open, connected and European economy, and in the not too distant future it will also become a member of the European Union. The access of companies from the Republic of Moldova and from the region to an enlarged market is already a reality, through our free trade agreements with the European Union, the United Kingdom, Turkey, Ukraine and the Western Balkans, and the Free Trade Agreement with the European Free Trade Association - EFTA, which includes Norway, Iceland, Switzerland and Lichtenstein, has also entered into force as of April 1 this year. These trade openings go hand in hand with concrete actions to modernize the economy, digitalize the administration, reduce red tape, develop infrastructure, actively support SMEs and a competitive tax regime. All contribute to a clear, predictable and attractive business environment," Maia Sandu said.
The Romanian Railway Reform Authority - ARF and French manufacturer Alstom unveiled on August 7 at Bucharest North Railway Station the first Traxx 3 MS electric locomotive from a batch of 16 to be delivered under the “LE1” acquisition contract. According to ARF, it is the first new, modern locomotive purchased by the Romanian state […]
Romania’s foreign minister Oana Țoiu was in Kyiv on Thursday, August 7, where she held a series of high-level meetings, including with Ukrainian president Volodymyr Zelensky. According to the Romanian ministry, the visit marks the first bilateral trip by a Romanian foreign minister to the Ukrainian capital since the Russian invasion in 2022. In the […]
The health sector, public administration, and the energy industry are the most targeted by cyber threats in Romania, according to the National Cyber Security Directorate (DNSC) in its 2024 activity report. The health sector faces significant threats due to the large volume of sensitive data and underfunded critical infrastructure. Public administration is often the target […]
The funeral service of Romanian former president Ion Iliescu was performed on Thursday, August 7, an official mourning day in Bucharest. Among those present were family, friends, former allies, and political opponents. Those absent, namely the former president Klaus Iohannis and current president Nicusor Dan, were also notable. Ion Iliescu, Romania’s first president after the […]
The multisensory photography exhibition World Unseen has opened to the public in Brașov, central Romania, as part of its national tour. Hosted at Olimpia – The Museum of Sport and Mountain Tourism, the exhibition is open until September 14 and aims to make photography accessible to people of all abilities, including those with visual impairments […]
Romanian foreign minister Oana Țoiu began an official visit to Ukraine on Thursday, August 7, marking the first bilateral trip by a Romanian foreign minister to Kyiv since the Russian invasion in 2022. The visit signals Romania's strong and ongoing solidarity with Ukraine, the ministry said. Minister Țoiu is scheduled to hold high-level talks with […]
