The commercial balance deficit reached cosmic dimensions and the amount of 94.8 billion euros which we imported last year should make us reconsider things, said Mihai Daraban, the president of the Chamber of Trade and Industry of Romania (CCIR). “When we see there are 25,770 exporters in Romania and the first 100 carry out half of the entire export and two Romanian companies are among the first 100, that should make us reconsider things. The first 1,000 represent 81% of total export and there we find 148 Romanian companies. In other words, export in Romania is made by foreign companies activating in Romania. Then our orientation is toward that export of services where IT&C industry can become a leader. We must leave commercial exchanges of goods and deal with commercial exchanges of services,” Daraban said. "C@municatii Mobile” publication organized on Tuesday the conference “International Day of Telecommunications and Information Society. Anniversary – 25 years of digital communications in Romania.”
The Babeș-Bolyai University of Cluj-Napoca (UBB) has established an endowment fund, which the institution described as a "strategic" financial mechanism aimed at supporting academic excellence and ensuring the long-term sustainability of university projects. The initiative is a first of its kind in the local academia, UBB said. The endowment fund involves attracting donations/financial resources and […]
Romanian authorities are reportedly considering imposing an access fee for the Transfăgărășan mountain road. The funds would be used for setting up decent parking areas, selecting merchants, and similar initiatives. The beautiful, winding road is one of the most visited tourist attractions in the country. Local authorities say the funds from an eventual toll would […]
Colombian reggaeton superstar J Balvin will perform in Dubai for the first time this November, headlining Untold, the globally recognized festival born in Romania. The event will take place from November 6 to 9 at Dubai Parks and Resorts, featuring more than 100 international acts across five stages. The festival is staged in partnership with […]
More than 17% of Romania’s population faced severe material and social deprivation last year, which was one of the highest shares in the EU, according to the statistical bureau of the European Union - Eurostat. In 2024, 6.4% of people in the European Union faced severe material and social deprivation, a slight decrease compared to […]
The Freedom and Respect for Every Earthling association will hold the March for Animal Rights in Bucharest on October 4, to mark International Animal Day. The march will start at 11 AM at the National Theater Park, and will go on to Piața Victoriei. Organizers say they aim to bring to the forefront the suffering […]
Several Israeli citizens got into a fight on a plane flying from Israel to Bucharest on Monday, September 15. Upon landing, Romanian police issued several fines. The scandal reportedly broke out for religious reasons. The argument involved roughly 30 passengers of the flight from Tel Aviv to Bucharest. At one point, seven passengers started to […]
