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.
Deloitte Romania assisted AQUILA, leader in the integrated distribution and logistics services for the fast-moving consumer goods market in Romania and the Republic of Moldova, in the acquisition of Romtec Europa, the company that produces car care fluids and aerosols. The transaction, valued at 3.2 million euros, was signed in December 2023 and completed recently, following approval from […]
CBRE Romania, the leader in providing commercial real estate services, launches an analysis regarding the business potential and alternative investment and development opportunities in Timiș County. According to the analysis, Timiș stands out as a vital centre of Romanian agriculture, ranking first in agricultural area with 693.034 hectares and second in organically cultivated land area. […]
By the end of 2024 the stock of modern retail spaces will overpass 4.5 mln. sq. m setting a new record for Romania. Circa 186,000 sq. m could be added to country’s modern retail stock if taking into consideration under-construction projects. The popularity of the specialized format is noticed in the forecasted developments, claiming 95% […]
The average office fit-out costs have increased by around 15-20% during the past 12 months, but they still remain among the lowest in the Central and Eastern Europe (CEE), according to data from the Cushman & Wakefield Echinox real estate consultancy company. With an average level of €943 per sq. m of office space, the […]
Romania is present at the 10th edition of the EU-Startups Summit in Malta, the biggest event for tech startups in Europe, through RoTechMission, a delegation organized by DiFine PR, Techcelerator and ROTSA (Romanian Tech Startups Association). More than 2,000 people, including 1,000 entrepreneurs and 300 investors, will attend the event, which takes place from May […]
AeroVacanțe, part of the Aerotravel group, is betting in 2024 on new destinations, more accessible for Romanians, as a result of the growing demand for holidays in new destinations untouched by mass tourism. Thus, the agency introduces for this summer 14 charter flights to Lesbos, the third largest island in Greece, where the costs of […]
