The Ukrainian prime minister, Denys Shmyhal, appreciated, on Wednesday, the support his country received from Romania, through which 70% of the grain exported by Ukraine currently passes."We appreciate the measures taken by Romania regarding financial aspects, sanctions. Cooperation on the logistics side is particularly important, we provide a transport corridor for the export of Ukraine. Currently, 70% of our grains are exported through Romania. Thus, Ukraine continues to be a guarantor of global food security," said the Ukrainian premier, in a video message sent to the participants of the international conference "Reconstruction of Ukraine and the strategic role of Romania", organized in central Sinaia."We have hopes for Romania's participation in the reconstruction of Ukraine's economy and infrastructure. (...) Since the beginning of Russia's large-scale invasion, Ukraine has suffered unprecedented damage. Millions of people have fled abroad or moved to countryside. The enemy destroyed or damaged more than 257,000 targets (schools, hospitals and residential buildings). Possibly 30% of our territory is mined. The attacks (...) damaged 50% of the electricity network. (...) These shocking numbers could continue indefinitely. What is important is that behind every number there are people's lives, their fate and future. Therefore, everything that was destroyed must be restored. The reconstruction of Ukraine is our main priority," added the Ukrainian prime minister.The official said that there are several sectoral priorities in the reconstruction process, starting with energy, followed by the production of military equipment, agriculture, natural resources, infrastructure and digital technologies."I request the Romanian business community to invest in the economy of Ukraine, because this way capital can be increased and ambitious projects can be implemented," said Denys Shmyhal.
ARTEX AG, a Liechtenstein-based company and sole shareholder of ARTEX MTF, a Lichtenstein-based regulated multilateral trading venue, has appointed Claudio Cisullo, Founder and Executive Chairman of the Swiss-based family office CC Trust Group AG, as non-executive Director, effective April 3rd, 2024. ARTEX AG was co-founded by H.S.H. Prince Wenceslas von Liechtenstein and Yassir Benjelloun-Touimi in […]
Prince Paul Phillippe of Romania, one of the country's notorious fugitives, was captured in Malta at a resort where he was on vacation. Paul of Romania has been on the run for nearly four years from the country, where he was sentenced to 3 years and 4 months in prison in the case regarding the […]
Hobița, the village of famous Romanian sculptor Constantin Brâncuși, is at the center of a new temporary exhibition at Art Safari in Bucharest, which opens on Wednesday, May 1, and will be on display until May 19. Art Safari also offers a family program during the Labor Day & Orthodox Easter mini-holiday, open daily from 12:00 […]
The first section of the Transapuseana, a road that crosses Romania's Apuseni Mountains, was recently inaugurated. The section consists of 43 kilometers of county road. The road (DJ 107I), initially known as the 'Transalpina of the Apuseni,' was later renamed Transapuseana. It is the largest investment on a county road in Romania, with a total […]
According to a report from Romania’s National Institute of Statistics, during the period 2020-2022, the proportion of Romanian companies that introduced new or improved products or business processes into the market was 8.8%, a decrease of 1.9% compared to 2018-2020. Business innovation refers to the wide range of activities that enterprises...
SD Worx, a leading European HR and payroll solutions provider, said that it completed the acquisition of Romanian Software SRL, the market leader in Romania for payroll and Human Capital Management (HCM) solutions. Romania thus becomes the 18th European country in which SD Worx has its own proprietary payroll & HR software. SD Worx announced […]
