President of the Romanian Chamber of Commerce and Industry (CCIR) Mihai Daraban, and the president of the Turkish Union of Chambers and Commodity Exchanges (TOBB) Rifat Hisarciklioglu signed on February 21 a new Memorandum of Cooperation for the continued development of stronger bilateral business relations. Also, the guidelines for a mutually beneficial economic cooperation were established, the CCIR said in a release."With over three million tax-paying member companies, TOBB is the strongest legal entity in Turkey to represent the interests of the private sector; its activity is governed by a legal framework inspired by the European model, which provides for the companies' mandatory membership of the Turkish trade chamber," the release states."The Memorandum of Cooperation that we signed today with TOBB, an event that resonates with our countries' exceptional political relationship, will outline a tighter closeness between Romania and Turkey's business environments which will thus be able to easier establish business contacts. Turkey remains Romania's most important trade partner among non-EU states; an important pillar in CCIR's strategy is the internationalization of Romanian business to the space outside the EU, a context where Turkey's G20 membership represents an advantage of top importance for Romania," CCIR president Mihai Daraban said.In his turn, TOBB head Rifat Hisarciklioglu emphasized that the conclusion of this new Memorandum of Cooperation with CCIR will provide a useful foundation for strengthening the political relationship between the two states, Romania being a supporter of Turkey's interests in relation with the European Union and NATO.
Two new investment funds active in Romania, Sparking Capital II and PCP SEE II, will receive allocations worth EUR 30 million under the National Recovery and Resilience Plan, or PNRR, after an approval from the Romanian executive and the European Investment Bank. The allocations are mediated by the European Investment Fund, a European financial institution, […]
The net revenues collected by Romania’s tax agency ANAF for the state budget increased by 12.2% in the first six months of 2025 compared to the same period last year, reaching RON 245.2 billion (EUR 49 billion), said outgoing ANAF president Nicoleta-Mioara Cîrciumaru. Nevertheless, the net revenues collected by ANAF are RON 3.8 billion (EUR […]
Romanians continue to place the most trust in the Army and the Church, while Parliament remains the least trusted institution, according to the second edition of the Informat.ro – INSCOP Research Barometer conducted between June 20–26. The monthly survey was commissioned by the news platform Informat.ro in partnership with the Strategic Thinking Group think tank. […]
Romania’s National Meteorological Administration, or ANM, issued on Thursday, July 3, an Orange Code warning for heatwave and heightened thermal discomfort, valid Friday and Saturday, July 4-5, in more than half the country, including Bucharest. The parts of Romania not covered by the Orange Code warning are under a Yellow Code for extremely hot weather. […]
Best Credit IFN announces the strategic partnership with the European crowdfunding platform Bondster, becoming the first Romanian non-banking financial institution (NBFI) to attract international capital through this platform. This initial round of financing marks a milestone in the company’s strategy to diversify its capital sources and rapidly scale its lending capacity in a dynamic market […]
Another 93 searches were carried out at public institutions and private residences on Thursday, July 3, in the case of illegally-obtained Romanian identity documents for citizens of former USSR countries. Earlier this week, Romanian police completed 206 searches in the same case. Prosecutors claim that between 2023–2024, over 1,700 individuals born in the Russian Federation, […]
