NATO secretary general Mark Rutte will make his first official visit to Romania on Wednesday, November 5, where he will be received by president Nicușor Dan at the Cotroceni Palace, the Romanian Presidency announced. The announcement comes after
At a meeting with German ambassador Peer Gebauer, Minister of Entrepreneurship and Tourism Constantin-Daniel Cadariu proposed the signing of a Memorandum of Understanding for bilateral tourism cooperation as a way of maximizing mutual tourist flows, the Tourism Ministry informs in a release.The April 5 meeting was also an occasion for the sides to highlight the importance of cooperation between the two states as well as opportunities to intensify and extend the bilateral partnership."Regarding tourism, considering the high number of German visitors arriving every year in Romania, but also the presence here of some of the largest tour operators with German shareholdership, Minister Cadariu proposed the signing of a Memorandum of Understanding for bilateral cooperation in this field. To this effect, Romania intends to promote customised tourism offers in Germany, with an emphasis on the spa and health segment," the release states.The Romanian side underscored the need to reduce Romania's trade deficit with Germany, suggesting among others the relaunch of the institutional mechanisms for promoting economic cooperation at both federal and land level, specifically the Romanian-German Cooperation Council and the Joint Committees with the lands of Bavaria, Baden Württemberg and Hesse, as well as scaling up economic promotion actions - forums and business seminars with the participation of companies from both countries, the release mentions.Germany is Romania's main trading partner, accounting for over 20 percent of Romania's total exports.In 2021, bilateral trade amounted to 35.15 billion euros, up by about 14 percent compared to 2020, of which exports represented 15.34 billion euros (up 8 percent) and imports 19.81 billion euros (up 18 percent).By the amount of investments Germany currently ranks 3rd with an invested share capital of 5.18 billion euros (11.2 percent of the total foreign investments) and a number of 24,230 joint ventures registered in Romania.
NATO secretary general Mark Rutte will make his first official visit to Romania on Wednesday, November 5, where he will be received by president Nicușor Dan at the Cotroceni Palace, the Romanian Presidency announced. The announcement comes after
AROBS Transilvania Software (BVB: AROBS), the largest technology company listed on the Bucharest Stock Exchange, announced the acquisition of a 65% majority stake in Sibiu-based engineering company Gess Engineering. Gess Engineering develops and implements complex vehicle testing, validation, and integration solutions. The company provides end-to-end services, from engineering and design, prototype testing, and performance analysis, […]
eMAG, the largest online retailer in Romania, set its 15th edition of Black Friday on November 7. The company estimates sales this year at RON 940 million (EUR 184.7 million), RON 44 million more than the previous year. Overall, customers will have to choose from 100,000 televisions, 600,000 small household appliances, 1.5 million clothing items, […]
The Alliance for the Union of Romanians, or AUR, announced during a meeting on Monday, November 3, that it supports former TV presenter Anca Alexandrescu for the position of mayor of Bucharest. The elections will be held on December 7. The leadership of AUR decided unanimously to support Anca Alexandrescu, although she is not a […]
A former Royal Navy minehunter has arrived at the Port of Constanța on Monday, November 3, to join the Romanian Naval Forces, following a 41-day journey from the United Kingdom that covered more than 4,200 nautical miles. The vessel, now named M271 “Căpitan Constantin Dumitrescu,” is the second minehunter delivered to Romania under a government-to-government […]
Romania has formally signed an intergovernmental agreement to acquire 18 F-16 fighter jets from the Netherlands, the Ministry of Defense announced on Monday, November 3. The aircraft, already stationed at the Fetești Air Base as part of the European F-16 Training Center (EFTC), will now become the property of the Romanian state and will be […]