Turkey is Romania's main commercial partner among non EU countries, Bucharest Chamber of Trade and Industry (CCIB) informs. According to a press release, Turkey represents the main absorbtion market for goods sent from Romania to the extra EU area, and for import the second markets of goods from non EU countries that entered Romania (after China). “After 2022, a year when bilateral exchanges registered a historic record, the growth tendency continued in 2023, when the total volume of Romanian-Turkish commercial exchanges was 10.2 billion dollars (+8.7% against the previous year), of which 3.3 billion dollars (+10.8%) export and 6.9 billion dollars (+7.7%) import,”a press release mentions. At the end of 2023, there were 18,523 companies with Turkish capital in Romania (3rd place after Italy and Germany) with a subscribed social capital of 1.1 billion dollars, placing Turkey 14th among investing countries in Romania. The chairman of Bucharest Chamber, Iuliu Stocklosa, met Recep Kaan Maslac, the president of the Association of Metal Products Exporters from Turkey (MEPEX) based in Ankara, accompanied by Osman Serdar Buyukbektas, the vicepresident of the Association and other collaborators. According to CCIB, the event took place in connection to the arrival in Romania of an economic mission organized by MEPEX and backed by the Ministry of Trade which included representatives of 22 Turkish companies. According to MEPEX president, Recep Kaan Maslak, the Association, set up in 1993, gathers over 4,000 members which manufacture a wide range of metal products and equipment for various economic branches: civil and industrial constructions, heavy industry, mining, energy industry, a.o.
Loud screens and noise stress young children and affect their development Sound pollution in Romanian homes affects children's learning, play, and sleep, who are more vulnerable to noise than adults Studies show that children exposed to TV for 2 hours daily are 6 times more likely to experience language development delays Renowned doctor: Experiences actually […]
Estonian cinema will take center stage at the 24th edition of the Transilvania International Film Festival (TIFF) in the Focus Estonia program, presenting a curated selection featuring both recent releases and rediscovered classics, screened in restored versions. Among the films to be screened is Moonika Siimets' The Black Hole (2024), a dark sci-fi comedy inspired […]
The ITH Group, which includes the portals Vola.ro, Fru.pl, and GoVola.com and operates in Romania, Poland, and Bulgaria, announced the direct integration of LOT Polish Airlines flights into its own platforms. The collaboration strengthens the group’s position as a regional leader in flight ticket distribution, according to its press release. This will be achieved through […]
In a ruling handed down on Tuesday, May 13, the Bucharest Court of Appeal rejected a request by US authorities for the extradition of a 17-year-old Romanian student. The youth is accused of sending hundreds of bomb threats and manipulating underage girls into engaging in acts of extreme violence, sexual exploitation, and self-harm. Aside from […]
Accor, a global leader in hospitality, has announced the expansion of its presence in Romania by signing a franchise agreement with Amazonia Aquapark SRL for Novotel Timișoara. The newly built hotel is scheduled to open by the end of 2027, marking the brand's first property outside Bucharest and becoming a flagship for Novotel in Eastern […]
A survey published on Wednesday, May 14, by the Open Minds Association shows that Romanians strongly support respect and mutual support in the workplace, signaling that the business environment can play a critical role in supporting social unity. According to the first data set from the “Diversity and Inclusion Barometer,” May 2025 edition, 81% of […]
