The Minister of Labor and Social Solidarity, Simona Bucura - Oprescu, and her counterpart, Vedat Isikhan, signed on Thursday, at the Victoria Palace, a protocol between the two ministries which aims to better protect the rights of workers from the two countries.The event took place in the context of the first joint working meeting between Romania and Turkey in the field of labor and social security."Today is an important moment, because thanks to the action plan, both the workers from Turkey and those who work in Romania, and we are talking about over 10,000 workers, from the records we have at the Labor Inspection, are to have a better protection of their rights," declared Bucura - Oprescu, on this occasion.According to the minister of Labor, it is an important moment for the bilateral relationship, after Romania and Turkey signed an agreement in the field of labor and social solidarity that entered into force last year."It is an important moment for the bilateral relationship, after Romania and Turkey signed an agreement in the field of labor and social solidarity, in the field of labor and social affairs, in 2019, which entered into force in 2023. We had an update on May 21, in Ankara. Following the meeting with the Minister of Labor and Social Security from Turkey, we agreed that, in addition to this agreement, it is very important for Romanian and Turkish citizens, for those who, due to the right of free movement, want to work in Romania or in Turkey, for the development of our relations and good practices, it is time to give a concrete dimension to this agreement. This is the reason why the agreement, the administrative arrangement, acquires a concrete dimension today in Bucharest by signing the protocol and the action plan for the period 2024 - 2025 in the field of labor and social affairs. In Bucharest, today, we are making history for the bilateral relations between Romania and Turkey, because we want to have a stronger labor market," added Bucura - Oprescu.For his part, the Turkish Minister of Labor and Social Security, Vedat Isikhan, expressed his confidence that the action plan for the period 2024 - 2025 will contribute to the deepening of cooperation, emphasizing that, together with his Romanian counterpart, he will monitor "closely" its implementation."We had the first meeting of the Turkey-Romania joint working group in the field of labor and social security, we just signed the protocol regarding the first meeting of the Turkish-Romanian permanent joint commission in the field of labor and social security, which was developed as a result of the dedicated activity of our technical delegations. I am confident that the action plan for the period 2024 - 2025 (...) will contribute to the deepening of cooperation. As ministers, we will closely monitor its implementation," emphasized Vedat Isikhan.
Vaunt, a Romanian real estate technology platform, is expanding into the United States after surpassing 80 clients and a transaction portfolio of nearly EUR 860 million. The expansion targets New York and Miami specifically. “Vaunt is a platform that helps real estate developers manage the sales process from the moment they receive the building permit until […]
IVF clinic Embryos, majority-owned by investment firm Integral Capital Group, has acquired the Oradea-based Calla Infertility Diagnostic and Treatment Center. The move is part of the development strategy of the network Embryos, which started in 2025 with the opening of a clinic in Buzău and the acquisition of Adella Clinic in Sofia, Bulgaria. The turnover […]
Romania has 56 companies included in the 17th edition of the Coface CEE Top 500 ranking, which shows how the largest companies in the region are navigating the current business landscape. The country climbed two positions from last year but remains underrepresented. The companies are ranked by turnover, analyzing additional indicators such as workforce size, business […]
Romania's Instant Factoring announced its participation in a cross-border securitization transaction valued at up to EUR 30 million. The move, the company said, "opens a new stage of growth for both Romanian fintech and the alternative financing market in Romania and Spain." The transaction involved the establishment of a securitization fund - Instant Factoring 2025-I, […]
Meta Estate Trust, a holding company active in the real estate sector and listed on the Bucharest Stock Exchange (BVB) under the symbol MET, announced that it signed the mandate agreement with its new Chief Executive Officer (CEO), Dan Petrișor. The appointment decision was made by the Board of Directors on October 31, and the […]
Former star coach Emerich Jenei, one for Romania's best, passed away on November 5, 2025, at the age of 88. He achieved the greatest performance of Romanian football: winning the European Champions Cup with Steaua București on May 7, 1986, in Seville, in the famous final against F.C. Barcelona. Emeric Alexandru Ienei (Imre Sándor Jenei) […]
