The trade between Romania and the US reached, last year, 5.5 billion euros, up by 10% against the previous year, but they are still far from the potential, stated Romania’s ambassador to the United States of America, Dan-Andrei Muraru to the Agerpres correspondent.‘Last year there was 5.5 billion euro, imports and exports. Annually, there is a natural growth, of about 10%. Obviously, there is growth every year, but it is far from the potential. I’ll give you some figures: Poland –US 23-25 billion euro, Hungary, a country half of Romania as population and surely with a smaller GDP – 10 billion euros with the US, Czechia – US 12 billion. So, we see the significant differences and we think that, beyond the fact that we have a historical delay due to the conditions Romania had to face, long transition, we think that we lack initiative, which could bring benefits in the domain of start-ups, in the domain of high technology, in the domain of infrastructure, in the domain of automotive industry. We think there is much potential’, Muraru said.In this context, the Romanian diplomat said that, last year, Romania had the most numerous delegation of companies from Europe and the third largest in the world for Select USA – the biggest trade fair in America.He considers that the lack of robust commercial exchanges is the big suffering of the strategic partnership between Romania and the US.‘We need initiative at the highest level, as we realized that, on the one hand, the American investors know very little about Romania and it doesn’t work if you keep waiting. We need to constitute a task force or several, to come and connect with these companies and try to bring them to Romania’ explained Andrei Muraru.
The forecasts made by managers in the second half of 2024, as expressed in the CONFIDEX study, were more pessimistic than the actual economic reality of Romania. The onset of the year, however, marked by surprising events, international geo-political tensions, and the unpredictability of the upcoming presidential elections in Romania, may heighten the caution levels […]
Arval Romania has recently launched Arval Re-Lease, a new service dedicated to the local market focusing on the leasing of used vehicles that have completed an operational leasing contract. Arval Re-Lease is designed to meet the common needs of companies, offering comprehensive solutions to reduce costs associated with vehicle rental, insurance, and maintenance services. Arval […]
Bogdan Crețu’s novel Mai puțin decât dragostea/ Less Than Love is Romania’s nomination for this year’s European Union Prize for Literature (EUPL). The European Union Prize for Literature (EUPL) recognizes emerging fiction writers from the European Union and beyond. Each year, national juries choose their proposal in a rotating selection of countries participating in the […]
Interim president Ilie Bolojan is attending the European Council in Brussels on Thursday, March 6, to signal Romania’s position in favor of strengthening NATO's European pillar, supporting Ukraine, and increasing defense spending. He also met with several European leaders before the summit, including the next chancellor of Germany. European leaders met in Brussels to discuss […]
Russia carried out 34 hybrid attacks against Romania in 2024, according to a report presented in the Italian Parliament, based on information published by Romanian authorities regarding last year’s annulled presidential elections. On March 3, Italy’s ambassador to Bucharest, Alfred Maria Durande, announced that foreign forces were involved in the 2024 presidential elections in Romania....
Le Bistrot Français, part of the prestigious hospitality associations Relais & Châteaux, has started a collaboration with Chef Tom Meyer, one of the most appreciated French cooks, awarded by the Michelin guide and holding the title of Meilleur Ouvrier de France. Starting Monday, March 3, the restaurant’s menu will bear his signature, marking a special […]
