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ForMin Odobescu, discussion with French counterpart regarding France's contribution to consolidate NATO's Eastern Flank

Wednesday, November 6, 2024

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The Minister of Foreign Affairs, Luminita Odobescu, had, on Monday, in Paris, a meeting with the Minister for Europe and Foreign Affairs of France, Jean-Noel Barrot, on the sidelines of the working visit undertaken in the French capital by the Prime Minister of Romania, Marcel Ciolacu, MAE informs.According to the cited source, Luminita Odobescu highlighted the special relevance of the cooperation of the two countries in the field of Defense, reiterating the appreciation of ...

Israel-Hamas/WHO will evacuate 100 patients from Gaza Strip. 30 to be transferred to Romania

Wednesday, November 6, 2024

  The World Health Organization (WHO) announced its intention to evacuate over 100 patients from Gaza Strip on Wednesday, the first similar operation in five weeks in Palestine devastated by the war between Israel and Hamas. 30 patients will be transferred to Romania, dpa informed on Tuesday. The evacuated people include the wounded in Gaza war and patients with chronic diseases, WHO informed. Initially, patients will be taken to ...

PM Marcel Ciolacu, meeting with Japanese delegation

Wednesday, November 6, 2024

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Prime Minister Marcel Ciolacu declared on Tuesday that Romania's role as a factor of stability in Europe and in the region, as well as its geostrategic, economic and political advantages qualify our country as a destination for investors.The Head of Government had, at the Victoria Palace, a meeting with a delegation of Japanese investors from the fields of energy, research and technology, industry, infrastructure and banking, led by the Japanese Deputy Minister of Economy, ...

Romania: EPPO charges seven individuals and two companies for misuse of agricultural funds

Wednesday, November 6, 2024

The European Public Prosecutor’s Office (EPPO) in Timisoara (Romania) has accused seven individuals and two companies of subsidy fraud and  forgery, involving three projects regarding the development of fruit harvesting and processing, with a value of over €1.4 million.   According to the investigation, between February 2019 and June 2024, the suspects, including a mayor, successfully applied in the name of two ...

Investors in opened funds exceed 755,000 in quarter 3, 2024

Wednesday, November 6, 2024

Over 755,000 people are investors in opened investment funds in Romania, in quarter 3, 2024, 200,000 more than in the same period of 2023, while active stock reached 26 billion lei, said Horia Gusta, the president of the Association of Fund Administrators (AAF).   In his turn, Jan Pricop, AAF CEO, pointed out the investment fund market in Romania had grown in quarter 3, 2024 compared to the same period of 2023, to 46 billion ...

Study: Success of organizations in Romania largely depends on leaders' adaptation to labour market changes 

Wednesday, November 6, 2024

The success of organizations in Romania largely depends on the adaptation of leaders to the ever-changing labour market (81%), with more than half of the organizations (57%) saying that they are not prepared in this sense, according to the results of Deloitte 2024 Global Human Capital Trends for Romania, published on Tuesday.The main barriers that hold back the initiatives related to the preparation of leaders for the changes in the labour market are related to the ...

Vodafone Romania signs Memorandum of Understanding for acquisition of Telekom Romania Mobile Communications

Wednesday, November 6, 2024

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Vodafone Romania has signed a Memorandum of Understanding for the acquisition of Telekom Romania Mobile Communications, including a significant part of its assets from the Hellenic Telecommunications Organization (OTE), Vodafone announced in a press release on last Thursday.Digi Romania will also take over part of the assets."This is an important moment for the Romanian telecommunications market, with significant growth potential once this transaction is ...

Freedom24 selects Pi2 as communication partner in Romania and Hungary

Wednesday, November 6, 2024

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Freedom24 is the European subsidiary of Freedom Holding Corp., an international investment group listed on the NASDAQ stock exchange with a market capitalization ...

4,392 companies with foreign capital, established in first 9 months of 2024

Wednesday, November 6, 2024

A number of 4,392 companies with foreign capital were established in Romania in the first nine months of 2024, down by 16.22% compared to the same period in 2023, according to the data centralized by the National Trade Registry Office (ONRC).The 4,392 new companies had a subscribed capital in the total amount of 16,902 million dollars, down 85.44% compared to the subscribed capital of companies registered in the first nine months of 2023, of 116,079 million ...

New STADA facility in Romania for sustainable medicines supply in Europe

Wednesday, November 6, 2024

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STADA has opened a major new production site and supply-chain hub in Turda, Romania, that will contribute to security of medicines supply in Europe by supplying more than 150 million packs per year. Following a total investment of more than €70 million (US$75 million), the facility is now fully validated and approved, with initial shipments underway.   The Turda facility supports the sustainable supply of prescription medicines such as antidepressants, ...

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