The ministers of Economy from Romania and Moldova signed on Tuesday a memorandum with over 25 points, which contains joint actions in the economic field, from transport, to customs, to interconnection, announced the Romanian minister of Economy, Entrepreneurship and Tourism, Stefan-Radu Oprea."Today was the 12th meeting of the Romania-Republic of Moldova intergovernmental commission. The previous one took place 6 years ago, in Chisinau. I worked together with representatives from all economic fields. I signed a memorandum with over 25 various points, for joint actions in the economic field, from transport, to the customs field, to interconnection. All the infrastructure that is needed so that the business milieu in Romania and the Republic of Moldova can increase the value of trade, which now amounts to 3.4 billion dollars. Romania has the status of the main partner of the Republic of Moldova, as the main investor in the Republic of Moldova," declared Oprea.The minister of Economy specified that the Romanian businessmen who invested in the Republic of Moldova raised the issue of a system of guarantees for those who want to invest more in the neighboring country and emphasized that the authorities are trying to simplify all the processes so that Romania maintains its status the main investor in the Republic of Moldova.For his part, the deputy prime minister of the Republic of Moldova, Dumitru Alaiba, declared that there is a special relationship between the two countries, Romania being the main investor in the Republic of Moldova and also in the first place in terms of trade.He mentioned that a multitude of topics were covered in Tuesday's discussions because the relationship between the two countries is branching out.The twelfth session of the Romania - Republic of Moldova Joint Intergovernmental Economic Cooperation Commission took place on Tuesday, at the Parliament Palace, and will be followed by the Romania - Republic of Moldova Business Forum.The co-chairmen of this Commission are the minister of Economy, Entrepreneurship and Tourism, Stefan-Radu Oprea, from the Romanian side, and the deputy prime minister, the minister of Economic Development and Digitization, Dumitru Alaiba, from the Moldovan side.
The number of people in Romania at risk of poverty stood at 3.59 million people in 2024, 375,000 fewer than in 2023, representing a 9.4% decrease, according to data from the National Institute of Statistics, or INS. Despite the improvement, nearly one in five Romanians was affected by poverty last year. According to INS, 19% […]
The European Public Prosecutor’s Office (EPPO) in Cluj-Napoca carried out multiple searches on Tuesday, July 1, at the Sibiu International Airport and the Sibiu County Council as part of an investigation into suspected fraud involving a EUR 54 million EU-funded infrastructure project. A total of 24 locations were searched across Bucharest, Brașov, and Sibiu county, […]
A Romanian taxi driver who scammed 90-year-old Nigerian Nobel Prize laureate Wole Soyinka was detained by police on Sunday, June 29, according to media reports. On Friday, June 27, the venerable Nigerian arrived at Bucharest's Otopeni Airport. He got into a taxi and asked to be taken to a hotel downtown. At the destination, the […]
Costin Șerban, a Romanian entrepreneur, is digitalizing the construction sector in the United Kingdom with an ERP (enterprise resource planning) solution developed over 12 years and an investment of GBP 1.6 million (EUR 1.86 million). Șerban’s cloud-based ERP platform is called Abilo, was developed by the Romanian IT company Obi Systems, and is dedicated to […]
Border checks between Bulgaria and Romania have officially been lifted on July 1, as part of the implementation of the Schengen Agreement. The lifting marks the end of the transitional period of heightened control at the internal border, which had remained in place for six months following their accession to the Schengen area by land […]
Remus Vulpescu became CEO of the Bucharest Stock Exchange (BVB) on Tuesday, July 1, taking over from Adrian Tănase as the stock exchange grapples with a market dominated by government bonds. Vulpescu, 53, is a graduate in political and legal sciences from the University of Bucharest and holder of an EMBA obtained in 2017. He […]
