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.
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 […]
