Romania appreciates the fact that ensuring a European perspective for the Republic of Moldova, Ukraine and Georgia will strengthen the economic cooperation around the Black Sea, the Senate's president Nicolae Ciuca said on Monday, after the meeting with the Secretary General of the Parliamentary Assembly of Black Sea Economic Cooperation, Asaf Hajiyev."Economic cooperation on the Black Sea was seriously affected by the invasion of Ukraine by Russia, and the continuation of cooperation between the riparian states must take place on these new geopolitical coordinates. This was the conclusion of the meeting I had with Mr. Asaf Hajiyev, the general secretary of the Black Sea Economic Cooperation Parliamentary Assembly. No discussion about the Black Sea region can avoid the war in the neighboring country. Romania is in a special geographical situation, being an EU and NATO member country, which has a border, both land and sea, with Ukraine,'' Ciuca wrote on Facebook.In the context, he pointed out that our country continues to provide Ukraine with substantial aid."From the beginning of the war until now, more than 22 million tons of Ukrainian grain have transited the Romanian territory on the way to the importing countries. Romania appreciates the fact that ensuring a European perspective for the Republic of Moldova, Ukraine and Georgia will strengthen economic cooperation around the Black Sea. Beyond these legal aspects, there is a need to improve the transport infrastructure in the riparian states, in order to increase the speed of exchanges and the competitiveness of companies in the region,'' said Nicolae Ciuca.Other topics of the discussion concerned the achievements of this parliamentary assembly in its last 30 years of existence and the coordinates of its future activity, added Ciuca."On this occasion, the general secretary of the Assembly handed me the medal of honor dedicated to this anniversary, which I accepted on behalf of the Romanian Senate," said Ciuca.
Gold has been one of the most sought-after assets for centuries, and in the modern era, it has become a highly popular component of investment portfolios. A preferred asset for protection against economic risks, gold has delivered attractive long-term returns, increasing by approximately 8% per year over the past two decades. Since the end of […]
JTI Romania is the Top Employer for the 12th year in a row, being ranked third amongst 44 companies locally awarded, after an assessment conducted by the Top Employers Institute. The company was rated for about 20 criteria such as leadership, talent acquisition, on-boarding, digital HR, work environment, career development, learning, ethics & integrity, diversity, […]
Romanian defense minister Angel Tîlvăr stated that the contract for the Patriot system, which will replace the one ceded by Romania to Ukraine, is expected to be signed in February. The minister commended the decision of the United State government to approve the delivery of three Patriot systems to Romania. Raytheon stated it will collaborate […]
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 […]
