Minister of Transport and Infrastructure Sorin Grindeanu and his counterpart from the Republic of Kazakhstan Marat Karabayev, who is on an official visit to Romania, discussed on Wednesday the opportunities for cooperation in the area of cargo transport for the Romania - Black Sea - Caucasus - Caspian Sea - Republic of Kazakhstan area, crossed by the "Middle Corridor," which includes the "Trans-Caspian International Transport Route (TITR Route).""Constructive meeting with my counterpart from the Republic of Kazakhstan, Marat Karabayev, on an official visit to Romania! We discussed cooperation opportunities in the area of cargo transportation for the area Romania - Black Sea - Caucasus Region - Caspian Sea - Republic of Kazakhstan, crossed by the 'Middle Corridor', which includes the 'Trans-Caspian International Transport Route (TITR Route)'. In this context, I highlighted the importance of exploiting the Port of Constanta as an important transit hub for cargo traffic from the countries of the Caspian Sea Basin and Central and South-East Asia," reads a post Grindeanu wrote on his Facebook page.Two memoranda were also signed at the meeting organised by the Transport Ministry on Wednesday. The first Memorandum of Understanding signed with the Ministry of Transport of Kazakhstan concerns cooperation in the area of transport and transport infrastructure.The second Memorandum concerns cooperation in the area of aviation accident and incident investigation and was signed between the Civil Aviation Safety Investigation and Analysis Authority (AIAS) of Romania and the Department for Investigation of Transport Accidents and Incidents of the Ministry of Transport of Kazakhstan.The meeting was attended by representatives of national and private transport and logistics companies, Kazakh state authorities, Romania's Ambassador in Astana Madalina Lupu and Ambassador of the Republic of Kazakhstan in Bucharest Yerlik Ali.
Romanian companies are entering 2025 with cautious optimism, focusing on managing risks and controlling costs, according to the Deloitte 2025 Romania CFO Survey conducted at the end of last year among approximately 130 Chief Financial Officers (CFOs). Most of the Romanian CFOs predict an increase in revenues for this year (58%), but their share has […]
Several employees of the Romanian Senate began protesting and booing while the president of the upper Chamber was announcing that staff restructuring would be implemented to reduce public spending. Ilie Bolojan, president of the National Liberal Party and head of the Senate, announced a reduction in the organizational chart from 796 positions to 618 positions. […]
The members of the Romanian angel investor network TechAngels put EUR 2.757 million in direct investments in tech startups in the second half of 2024, almost triple the amount invested in the year's first half. The investments for the entire 2024 rose to EUR 3.777 million, a 25% year-on-year increase. The rounds backed by TechAngels […]
REHAU, the German leader in polymer-based solutions for the construction, automotive, and industrial sectors, announced the appointment of Paul Chipriean as Country Manager for Romania at the beginning of this year, taking over for Alexandru Oprea, who will move on to a new strategic regional position. Concurrently, Paul Chipriean will also serve as Director of […]
Moldova will not compete in the Eurovision 2025 song contest. The decision was made "following a detailed analysis of the current situation, as well as economic, administrative, and artistic challenges," the organizers stated. The announcement was made on Wednesday, January 22, by the director of the national television Moldova 1, Corneliu Durnescu, and the head […]
Low-cost airline Wizz Air said that it continues its expansion at the Sibiu base with the allocation of a second aircraft in the summer of 2025, bringing the total number of aircraft in Romania to 33. The company will thus increase capacity in the Transylvanian city by adding over 320,000 seats, a 58% increase compared […]
