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.
June is the richest month. The most awaited two weeks in my annual festival pilgrimage. The route starts with Romania’s Transilvania International Film Festival (TIFF), followed by Italy’s (and the world’s) most comprehensive festival for restored and archival film: Il Cinema Ritrovato. To shake up the traditional article on the two, I’ll start with the […]
Different Beauty, a recently opened exhibition of works by Czech photographer David Těšínský, offers a glimpse into everyday life in the war-torn region of Donbas in 2017. The photos were taken within the span of only a few days, as Těšínský traveled to eastern Ukraine to document the lives of women impacted by war. In […]
Different Beauty, a recently opened exhibition of works by Czech photographer David Těšínský, offers a glimpse into everyday life in the war-torn region of Donbas in 2017. The photos were taken within the span of only a few days, as Těšínský traveled to eastern Ukraine to document the lives of women impacted by war. In […]
Roughly 70% of Romanians are “very” or “moderately” concerned about how AI accesses and uses their data, according to the latest survey conducted by RoCoach in partnership with Novel Research between May and June 2025. Distrust in automated decision-making and the demand for regulation are becoming more pronounced, as Romania rolls out major digitalization projects […]
The Armenian Street Festival returns for a 9th edition between August 1 and 3, 2025, in the “Dimitrie Brândză” Botanical Garden in Bucharest. The festival brings into focus the living heritage of the Armenian community in Romania and the diaspora. According to the organizers, this year’s edition aims to strengthen the Bucharest–Chișinău–Yerevan cultural axis, articulated […]
The Romanian mergers and acquisitions market registered a total of 122 announced transactions in the first half of 2025, with a value exceeding EUR 2.7 billion, marking a slight increase of 6% in volume and 4% in value compared to the same period last year, according to an analysis by George Ureche, partner at PwC Romania. […]
