The Minister of Foreign Affairs, Luminita Odobescu, signed the Law of the Sea on the conservation and sustainable use of marine biological diversity of areas beyond national jurisdiction, also known as the Treaty of the High Seas, as part of her participation in the high-level segment of the 78th session of the UN General Assembly.According to a press release from the Ministry of Foreign Affairs (MAE), sent on Thursday, the political significance of the treaty is special, demonstrating the current level of ambition of the international community, the interest in environmental protection and ocean protection."The treaty, adopted on June 19, 2023, by consensus, after approximately 20 years of negotiations, applies the Montego Bay Convention on the Law of the Sea and regulates aspects regarding the conservation and sustainable use of marine biodiversity in areas outside national jurisdiction, such as : the conservation of marine genetic resources and the protection of biodiversity, including through the establishment of marine protected areas, the way of carrying out the assessment of the impact on the environment, the way of sharing the benefits, the transfer of technology and the strengthening of the capacities of developing states," states the Ministry of Foreign Affairs.
Young people aged between 16 and 18 in Romania will be able to establish and manage a new type of limited liability company (S.R.L.), which will be called a "firmă de exercițiu" (practice firm) and will have the abbreviation "S.R.L.-F.E.", according to a new project. A young person will be able to establish or acquire […]
Developer Skanska has signed an agreement to sell the first phase of the Bucharest office complex Equilibrium to Gordiusz Private Equity Fund, managed by Gránit Asset Management. The transaction value amounts to EUR 52 million. The Equilibrium office complex consists of two buildings in the business district Floreasca – Barbu Vacarescu. The first phase, which […]
This year's edition of the George Enescu International Festival, the largest classical music event in the country, will feature performances from some of the top sopranos and mezzo-sopranos of the moment. Among them are Asmik Grigorian, Sonya Yoncheva, Kristine Opolais, Magdalena Kožená, Julia Lezhneva, Sarah Aristidou, Jennifer Holloway, Aylin Perez, Elsa Dreisig, Rachel Willis-Sørensen, Ruxandra […]
Globinvest, an asset management company from Cluj-Napoca, is set to launch an exchange-traded fund, or ETF, grouping together companies in the energy sector and several financial companies. Globinvest, a company with 30 years of experience on the Romanian capital market, will list the new entity on April 28 under the symbol GIBEFETF. Ilie Cenan, Chairman […]
Cyberhaven, an AI-powered data security provider founded by three Romanians and two Ukrainian citizens, recently announced that it has attracted a USD 100 million Series D funding led by StepStone Group along with new investors Schroders and Industry Ventures, to further accelerate its rapid growth. The funding pushes the valuation of the company to USD […]
The electoral campaign for the presidential elections began on Friday, April 4, at midnight, with most of the candidates posting on social media within the first minutes. Far-right candidate George Simion, credited with the first shot at winning the first round according to the latest surveys, began the election campaign alongside his wife and supporters, […]
