By Associated Press, Published: March 13BUCHAREST, Romania — The Romanian government says it will invest $97.5 million (€75 million) of state aid in Ford Motor Co. to help production at its compact van factory in southern Romania.Government spokesman Dan Suciu says Tuesday the money is earmarked for the production of automobiles and automobile engines.Ford launched the production of its new compact
Non-profit Romanian United Foundation (RUF) plans to expand the Romanian-language courses it currently offers in Chicago to five additional communities in the United States and Canada. “By expanding the Romanian language courses and applying the successful model in Chicago, we hope to offer valuable educational opportunities and strengthen the ties between Romanians in North America,” […]
Nearly 3,000 foreign citizens attempted to cross the border illegally in the first 8 months of the year, with almost 2,000 discovered while trying to exit the country, according to a report from the Romanian Border Police. During this period, over 40 million people crossed the border, including approximately 28 million EU citizens and...
Brașov is currently considered the most accessible city in terms of public transportation in Romania, according to its residents. Târgoviște and Sibiu are also in the top three of the ranking compiled in a new report by Storia. The study authors mentioned that the data was sourced from platforms like Google Traffic, Google Places, Airly, […]
Bucharest Christmas Market, the main event of the holiday season in the Romanian capital city, will open its doors on November 29. According to an announcement from CREART – Bucharest’s Center for Creation, Art and Tradition, the annual fair will once again transform Constituției Square in downtown Bucharest, close to the Parliament Palace, awaiting visitors […]
The BET index, the main index of the Bucharest Stock Exchange (BVB), included on Monday, September 23, two new companies, namely Antibiotice Iași (ATB) and Premier Energy (PE). Antibiotice is Romania’s leading producer of generic medicines and has been present on the capital market for over 27 years, being active for over 70 years. Its […]
• The ratio of Private Equity investment value to Romania's GDP is just 0.041%, ten times lower than the similar ratio at the European level. • EUR 400 million is available through the PNRR for private investments, of which EUR 265 million have been allocated to date and only EUR 60 million have been invested. […]
