AcasăEurope NewsRomanian companies can use Cyprus as base for businesses in the region

Romanian companies can use Cyprus as base for businesses in the region

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Romanian companies can come to Cyprus to open a base for expanding their businesses throughout the region, stated, on Wednesday, in Bucharest, the Deputy Minister of Research, Innovation and Digitalization of Cyprus, Kyriakos Kokkinos, according to Agerpres.

He participated in the Romania-Cyprus Business Forum, organized by the Romanian Chamber of Commerce and Industry and the Cyprus-Romania Business Association, together with a delegation of businessmen from his country.

„Cyprus is a technological hub, a bridge between Western Europe, Africa, Israel and a new leadership in the region. Romanian companies can use Cyprus as a base for business in the region. We have a strong business ecosystem, which we want to grow. We are here to explore ways of collaborating with your country,” added Kokkinos.

For his part, Ovidiu Silaghi, the secretary general of the Romanian Chamber of Commerce and Industry, stated that there are 600 companies with Cypriot capital in Romania, with 4.8 billion euros in subscribed capital.

„I am convinced that we must continue the collaboration. There are many opportunities. We have close economic relations, which contribute to the economic growth of both countries,” Silaghi pointed out.

Agerpres

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