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.
If you’re searching for a hidden gem in Europe, Romania is calling your name. Tucked between the Carpathian Mountains and the Black Sea, this country is an untouched marvel, combining natural beauty, rich history, and endless opportunities for entrepreneurs and retirees alike. Romania offers a unique blend of modern life and ancient charm, making it […]
Let’s talk about the lack of connection with our body and how this is closely tied to burnout, plus, what to do about it. So often throughout the day, we live almost entirely in our minds. We’re focused either on what we have to do at the moment—tasks that increasingly demand mental effort over physical […]
Six men and one woman from Romania have been accused of recruiting dozens of children and adults from foster care centers, whom they then transported to Hungary, where they turned them into slaves, forcing them to work under inhumane conditions. The accused are from the localities of Ozun and Chilieni, Covasna County, Romania, and allegedly […]
The Museum of Collectivization, the first in Romania dedicated to the forced collectivization period of the communist era, is set to open a new wing, Corp B, funded through the EU-backed National Recovery and Resilience Plan (PNRR) and co-financed by the National Cultural Fund Administration (AFCN). With the new building, the museum located in Tămășeni, […]
Romania’s “Madrigal – Marin Constantin” National Chamber Choir, conducted by Anna Ungureanu, will be in Luxembourg and Belgium, as part of the “Bridges Across Europe/Punți peste Europa” European tour, where it will perform five extraordinary concerts. The performances will take place between November 20 and 25, with the help of the Ministry of Culture, the Romanian Embassy […]
The European Development Bank approved a EUR 140 million loan for Romania’s “Cultural Foundations” project, aimed at preserving historical monuments and constructing cultural buildings in the country. The project targets 14 investment objectives of national and European relevance, administered by public institutions under the Ministry of Culture, including the Romanian Athenaeum, the Romanian National Operas […]
