Romania wants to speed up cooperation with Brazil in areas with potential for both countries, namely agriculture, automotive industry, oil and gas industry, defence and aeronautics, President of the Chamber of Commerce and Industry of Romania (CCIR) Mihai Daraban said.Daraban welcomed, on Tuesday, Ambassador of the Federative Republic of Brazil to Romania Ricardo Guerra de Araujo, who voiced special interest in identifying the common means meant to speed up the commercial exchanges between the two countries.At the same time, Daraban showed full availability to continue the support for the demarches carried out by the Brazilian Embassy in Bucharest aimed at involving companies in Romania and Brazil in projects with impact in the economy, producing high added value, through mutual investments and technology transfer, in strategic areas."Brazil is ahead of signing the MERCOSUR Agreement with the European Union, and CCIR will support the general efforts for completing the ratification of this agreement, as the business community in Romania is interested in future advantages and facilities of access on the largest market in Latin America. We have in view speeding up cooperation with Brazil, under the new context, in areas with potential for both countries, namely agriculture, automotive industry, oil and gas industry and defence and aeronautic industry," Daraban said.In turn, Ricardo Guerra de Araujo said he would work on syncronising the sides' effort for the organisation of the Romania Brazil joint committee in the beginning of 2024."As a first demarch of my term, I will work on synchronising the sides' efforts, for the organisation in the beginning of 2023 the Romania Brazil joint committee, on the sidelines of which a business forum would be organised, an excellent occasion for materialising the ideas presented today in my dialogue with President Daraban," Ricardo Guerra de Araujo mentioned.
Romania sent 1,700 tonnes of honey to countries outside of the EU in 2023, which makes it the European Union’s third-largest honey exporter after Spain (7,100 tonnes) and Germany (5,500 tonnes), according to recent data from Eurostat. Last year, EU member states imported 163,700 tonnes of natural honey from extra-EU countries, worth EUR 359.3 million....
Braşov Court of Appeal in Romania, which handles the case of fugitive businessman Paul Philippe of Romania, notified the Court of Justice of the European Union about Malta's extradition refusal, according to B1 TV station. Paul Phillipe has a final 40-month jail sentence to serve in Romania...
The clothing retailer H&M registered a business of RON 1.32 billion (EUR 264 million) last year in Romania, up 35% from the RON 976 million in 2022. It is the second time that the Romanian branch of the clothing retailer exceeded the RON 1 billion threshold, Economica.net reported. The last time this happened was in […]
The Romanian competition body Consiliul Concurentei authorized the transaction by which Abatorul Periș, the largest pig and pork processor in the southeast of Romania, takes over three regional meat processing and marketing units owned by the local entrepreneur Alin Zamfira through the Cathedral Group. The target companies are Almado Total Distribution, Cathedral Distribution, and Policalita,
The pretzel and viennoiserie chain LUCA, which reached over 140 units in Romania, is launching in Poland, with the first store to be opened in downtown Warsaw. This is the first Romanian chain of this kind to expand abroad after the Romanian cafes ‘5 to go’ and the restaurant chain Salad Box launched on foreign […]
OMV Petrom (BVB: SNP) announced it commissioned a new crude oil tank, the largest in Romania, on the Petrobrazi refinery platform “to ensure the smooth operation of the refinery in safe conditions and to ensure the fuel stocks necessary to supply the market in Romania and the region.” “The [green] transition will not happen overnight, […]
