In the last couple of special editions on the occasion of Spain’s National Day, I have been writing about the Spanish economy’s recovery and each year the outlook is better than that of the previous one. Actually, Spain’s GDP grew by 3.1% year-on-year in the second quarter of 2015, with a growing trend (2.7% in […]
BYD, a major carmaker of electric vehicles and a challenger to the US-based Tesla, is preparing to enter Romania and has already recruited a Romanian, Andrei Duică, to lead operations. The company headquartered in Shenzhen, Guangdong province, will have a representative office in Romania starting in April 2025, with 20 car dealerships and 7 electric and […]
Romania remains a fantastic investment destination and the balance of foreign direct investment reflects this, Alexandru Nazare, the president of Paneuropean Union Romania, argued. Nazare, who is also a member of the Board of Directors of the National Bank of Romania (BNR), served as the finance minister in the government of Florin Cîțu. “Romania remains […]
The Romanian Presidential Administration, currently under interim president Ilie Bolojan, has declassified and made public the costs incurred for the flights taken by former president Klaus Iohannis from January 2015 to February 2025, the time he was in office. Iohannis undertook a total of 193 official trips during his mandate, amounting to approximately 450 flights, […]
The Venice Commission, in the plenary session from March 13 to 15, has formally adopted its final report on the annulment of Romania's presidential elections, concluding that such a decision should only be taken in "extraordinary situations" in compliance with several principles and should preserve the electorate's right to free elections. The...
The substance of the revision, by emergency ordinance OUG 21/2024, of the merger of local and European elections in Romania in 2024 does not go against international standards, the Venice Commission concludes in a report published on March 18, while admitting that the procedure was still problematic in some aspects. Romania’s Government decided...
Booster Capital, a private equity fund launched in late 2024, has reached an agreement to acquire a significant stake in Bisbags, one of Romania's leading manufacturers of paper bags and packaging, according to
