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.
Romania registers one of the highest shares in Europe of people aged over 16 with disabilities who are at risk of poverty or social exclusion, according to Eurostat data processed by Monitorul Social, a project of Friedrich-Ebert-Stiftung Romania. A total of 38.4% of people with disabilities in the country were at risk of poverty or […]
New research by Revolut Business among 150 Romanian business decision-makers (CEOs, CFOs, and COOs) revealed that local companies prefer to invest their money in modernizing their IT infrastructure and automating outdated systems rather than in artificial intelligence. When asked where the largest budget increase will go this year, ‘modernizing IT infrastructure and cloud migration’ takes […]
Romania’s modern retail market surpassed the 5 million sqm threshold in 2025, following the delivery of around 190,000 sqm of new retail space, about 20% above the average of the past five years, according to an annual report by Colliers. Despite a more moderate economic backdrop, 2026 is expected to bring roughly 240,000 sqm of […]
Romanian business leaders remain optimistic for 2026, with 86% of C-suite executives surveyed in Forvis Mazars's C-suite barometer: outlook 2026 expecting growth. This is slightly below the 92% reported globally and down from 90% in 2025. While confidence is strong locally, Romanian executives are more cautious than their global peers, reflecting the region's economic and […]
As one of the largest economies in the world, Germany is without a doubt one of the best countries to do business in. Economic stability, excellent infrastructure, and trade cooperation with nations worldwide are some of the reasons to launch a company here; however, they are not the only ones. What makes Germany appealing for […]
One United Properties (BVB: ONE) recorded total residential sales and pre-sales of EUR 174.1 million in 2025, corresponding to 57,018 sqm of residential and commercial spaces. These results reflect the sale and pre-sale of 577 apartments and commercial units, as well as 768 parking spaces, and represent a 18% price increase. The 18% increase in […]
