On Thursday, Prime Minister Nicolae Ciuca welcomed a delegation of the AmCham American Chamber of Commerce in Romania, telling them that the government wants to increase Romania's credibility as a country of investment and a stable business environment.According to a government statement, the dialogue highlighted a number of challenges facing the business community, such as the demand for labour, declining birth rates, the need for cutting through red tape, and digital transformation, as well as a balanced fiscal policy. Healthcare and cyber-security regulations were also discussed."Stability, predictability and confidence are the principles that were and will always be the basis of dialogue between the government and the business community. The x-ray that the AmCham leaders did today coincides with government's assessment. We must facilitate a legal framework through which we can continue to cut through red tape, removing obstacles and time-consuming processes, with will and optimism on the part of investors. We want to increase Romania's credibility as a country of investment and a stable business environment. We are working hard to reduce the negative effects and to take advantage of the opportunities we have during this period, including business relocations in the region. Regarding the strategic partnership with the US, Romania relies a lot on the capacity of the US business community to generate new investments in Romania," Ciuca is quoted as saying in the press statement.AmCham leaders mentioned the readiness of the majority of its members to keep up or develop the level of investment in Romania.Also attending the meeting with the AmCham leaders on the part of the Romanian government were Finance Minister Adrian Caciu; Economy Minister Florin Marian Spataru; Minister of Research, Innovation and Digital Transformation Sebastian Burduja; Minister of Health Alexandru Rafila; chief officer for tourism and entrepreneurship Florin Dobrescu; governmental spokesman Dan Carbunaru; George Agafita, state adviser with the Chancellery of the Prime Minister.
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The Romanian Ministry of Energy announced that the volume of natural gas exported from the Neptun Deep perimeter to Germany, under a contract previously reported by media, will represent less than 1% of the total estimated production of the Black Sea field, which has estimated reserves of over 100 billion cubic meters of natural gas, […]
For the Romanian IT companies, an important sector in the local economy, 2024 meant fewer new contracts, a much longer time needed to attract new business, increased labor costs amid legislative changes, and an unfavorable global context, according to a report filed at the end of last year by the management of the Employers' Association […]
German company Schieffer Industries will build a plastic components factory for the automotive industry on a plot of land at the entrance to the municipality of Hunedoara in Romania. Works on this investment are expected to be completed in the fall of this year so that production can start at the end of 2025, the […]
