Romania and the Kingdom of Saudi Arabia signed, on Thursday, a Memorandum of Understanding aimed at strengthening commercial relations between the two countries in the field of agriculture, especially in the vegetable sector, animal husbandry - raising cattle, sheep and goats, but also in the use of modern technologies in the field of agriculture."Saudi Arabia is a market for Romanian cereals and will also become a market for products from our farms. In 2023, the export of cereals to Saudi Arabia has increased considerably, due to the discussions held with the officials of the kingdom. The Memorandum of Understanding signed, today, in Riyadh, with my counterpart from the Kingdom of Saudi Arabia, is another important step for the consolidation of commercial relations between the two countries in the field of agriculture, especially in the vegetable sector, animal husbandry - raising cattle, sheep and goats, but also the use of modern technologies in the field of agriculture. Trade exchanges will increase significantly in the next period, especially since the Saudi side is interested in Romanian cereals, but also in the fodder that we process in Romania Romania who have the opportunity to enter into dialogue with the Saudi side, thanks to this Memorandum signed today," the Minister of Agriculture, Florin Barbu, wrote on his Facebook page.He added that, as of 2019, there was no government-level agreement with the Kingdom of Saudi Arabia.The Minister of Agriculture and Rural Development is on an official visit to Saudi Arabia on Wednesday and Thursday, an event during which high-level meetings with the Saudi authorities, the business environment, and field visits are scheduled.The State Secretary, Sorin Moise, is part of the delegation led by the Minister of Agriculture.
La French Tech Bucharest announces the third edition of its highly anticipated flagship event, Sustainability meets Profitability, set to take place on April 8th, 2025, at the Romanian - American University (1B Expoziției Boulevard, Bucharest), starting at 18:30. Sustainability meets Profitability event will explore the new regulations companies—big or small—must navigate and how they can turn […]
The builders of Romania’s important A1 Sibiu – Pitești highway are set to start the construction of a bridge over 300 meters long and at least 100 meters wide, allowing the animals of the Southern Carpathians to cross from one side to the other. The investment will pay off as a corridor for large mammals […]
The local business services industry has potential for growth, even if it will see a slower pace because the market is a mature one and given the high regional and global competitiveness, according to a report carried out by the Association of Business Service Leaders in Romania (ABSL) in partnership with Deloitte Romania. Still, the […]
Several Romanian military personnel who were on parental leave went to Congo as mercenaries, according to a statement from the Ministry of National Defense. The issue of active soldiers taking mercenary work first came up on the public agenda after PressOne...
The European Investment Bank and the government of Ukraine have agreed to allocate EUR 50 million from EIB funding to Ukraine's national railway company, Ukrzaliznytsia, for the modernization of key railway border crossings with Poland, Slovakia, Hungary, and Romania. The project includes repairs to worn-out railway tracks, the relocation of wagon inspections, the reconstruction of […]
Medicover has acquired the operations of the lab tests provider Synlab Group in Romania, Turkey, Cyprus, Slovenia, Croatia, and North Macedonia in a transaction worth EUR 71.3 million, the company announced. The transaction was financed from Medicover's own sources. It was carried out by Medicover for its diagnostic services division, present in Romania under the […]
