Romania is the fist trade partner of the Republic of Moldova at the end of 2021 being registered a record value of 2.4 billion dollars out of which the Romanian exports had 1.5 billion dollars, show the data of the ministry of entrepreneurship and tourism (MAT).At the same time, Romania is first according to the number of companies registered in the Republic of Moldova, namely 1,557 and second according to the value of the capital,with almost 280 million dollars, and the banking sector dominates with a value of 78 million dollars.On 17th May, the ministry of entrepreneurship and tourism through the Department for Foreign Trade and the Bureau of Commercial – Economic Promotion Kishinev, in collaboration with the Association of Romanian Investors in the Republic of Moldova organized the Economic Forum Romania- Republic of Moldova, event dedicated to the promotion of bilateral trade, tourism and investment sector. The head of the Romanian delegation, Angel-Iulian Calin, state secretary in MAT mentioned during the forum in Kishinev that by the implementation of the provisions of the Agreement regarding non-refundable aid offered to the Republic of Moldova, worth 100 million euro, the business environment in this country has the possibility to draw financing including in the domain of SMEs and tourism, sectors of interest for the Moldova economy, as well as the consolidation of bilateral cooperation with partners from Romania, showing that the ministry is programme operator in the agreement for these two domains. The Economic Forum in Kishinev was attended by over 100 companies in Romania and the Republic of Moldova in such domains at IT, textile industry, manufacturing industry, pharma and tourism which had the possibility in B2B sessions to identify new business opportunities.The MAT data show that the number of mixed companies with Moldova capital registered in Romania are 6,644 with a total invested capital of 62.6 million dollars, being 64 in the top of foreign investors in Romania.In 2021, there were 60 such companies set up with a capital of 0.9 million dollars.
The third edition of Taifas Balkan Film and Culture Festival, set to take place in Timișoara between October 13 and October 19, will include a retrospective dedicated to Romanian director Radu Jude. The public will be able to see the director's short films, in addition to a preview of his latest production, Dracula, presented at […]
Sursa International Light Art Festival, an event featuring immersive installations, projections, and light structures, will take place at the National Library of Romania from October 13 to October 19. The event brings together international and Romanian artists “in a visual dialogue about technology, architecture and sensitivity,” the organizers announced. “We wanted to build the opportunity […]
Romania’s Defense Ministry has signed a contract worth RON 50.4 million with Rheinnmetall Automecanica, a subsidiary of the German defense industry giant Rheinmetall, for the delivery of drone detection systems, Economedia.ro reported. The radar system will be delivered within 18 months at most and will reportedly be...
The former Steaua Roșie cinema in Cluj-Napoca will reopen as Edison-House of Music, a cultural hub dedicated to music and community, the organizers of the Jazz in the Park festival announced. Built in the early 1900s, the Edison building became, after World War II, the Steaua Roșie cinema. After 1989, the venue underwent several changes […]
Unprecedented amounts of precipitation have been recorded in Romania as cyclone Barbara hit the country on October 5-8, according to the authorities. At the same time, Bucharest exceeded the absolute maximum levels of rain for October. “Between October 5–8, 2025, Romania was affected by the Mediterranean cyclone Barbara, which formed over the Ionian Sea and […]
Romania is one of six European countries recently selected to develop a new artificial intelligence and supercomputing center under the EuroHPC – AI Factories program. The project, known as the AI Factory, will be Romania’s first national AI infrastructure, marking a major step toward strengthening its digital and research capabilities. The initiative will be led […]
