Romanian-Japanese investment in sectors of the future can be promoted by organising a workshop in Romania at the end of 2024 dedicated to state-owned companies in the two countries, according to Chairman of the Agency for the Monitoring and Evaluation of the Performance of Government-owned Enterprises (AMEPIP) Mihai Precup.At the same time, investment between the two countries could also be promoted by developing public-private partnerships with Japanese companies, in order to create new directions of economic and social development for Romania.Precup has recently met in Tokyo senior Japanese officials at the second edition of the Romania-Japan Innovation Forum, June 26-28."Yesterday, in Tokyo, I had the pleasure of meeting a working group of the Global Business Investment Support Office (GBIS), within the cabinet of the secretariat of the government of Japan, led by Koyu Izumi, advisor to the Japanese Prime Minister and head of GBIS," Precup is quoted as saying in a press statement.Regarding the development of public-private partnerships with Japanese companies in order to create new directions of economic and social development for Romania, Precup said that they "could facilitate technology and know-how transfers, innovation and research, boosting economic growth and job creation. (...) Also, amid the current security context, we promoted the message that Romania is ready and can become a regional hub for the reconstruction of Ukraine after the war. The initiative could involve an active collaboration between Romanian and Japanese companies to bring expertise and resources in the reconstruction process, which significantly benefit both countries and contribute to the stabilisation and reconstruction of the region affected by conflicts.
President Nicusor Dan signed on Thursday the decree appointing Prime Minister Ilie Bolojan as interim Vice Prime Minister on the areas coordinated by Dragos Anastasiu, the Presidential Administration informed.On 27 July, Dragos Anastasiu announced he was stepping down from the vice prime minister office, mentioning that he could no longer accept "being denigrated and thus […]
Prime Minister Ilie Bolojan continued consultations on Thursday with representatives of the Association of Communes of Romania, telling them there is a strong chance to overcome the current difficult period if the approach of "responsibility toward public funds" is maintained."The reform of local public administration will be part of the second package of government measures […]
Financing the National Recovery and Resilience Plan (PNRR) projects will continue for those already initiated and will stop only in case investment has not begun, where not a single euro was spent for construction, Development minister Cseke Attila explained on Thursday. “PNRR will not stop, neither will financing investments which have already been initiated, […]
The Justice Ministry announced on Thursday having developed in cooperation with the Finance Ministry and the National Tax Administration Agency a set of proposals to amend the Insolvency Law, which will be included in the second reform package.Some of the amendments provide for a higher recovery rate of the taxes and fees owed by insolvent […]
Romania is in the antechamber of recession, with the risk that its economy will decline in the third or fourth quarter, especially amid an increase in taxes, a significant drop in sales and record inflation at European level, says business consultant Adrian Negrescu."We are currently in the antechamber of recession. It is a moment […]
The Ministry of Culture announced on Thursday that is set to adapt national legislation for enforcing the European Media Freedom Act (EMFA), which supports media pluralism, editorial responsibility, protects journalists from abusive surveillance and intimidation, and provides protection for sources.According to a Culture Ministry release, the implementation in Romania of Regulation (EU) 2024/1083 of the […]
