The figures place Romania as the country with the best dynamics in Europe, one of the best economic dynamics in the world, according to Marcel Ionescu-Heroiu, senior expert urban development with the World Bank, which says that this year our country has surpassed, for the first time, Hungary as GDP/inhabitant.‘In 2020, Romania has surpassed Slovakia, as GDP/inhabitant, and this year our country has surpassed Hungary, which is a unique economic performance, which is a first. If the trends are in a horizon of one or two years, we will surpass Poland’ stated the WM official in a videoconference Caravan Smart City Sibiu, organized by the Romanian Association for Smart City, together with the Town hall Sibiu, according to a press release sent on Friday.Marcel Ionescu-Hoeroiu spoke about the importance of keeping the attractiveness of the functional urban areas and the human capital which they draw.‘The functional urban areas in Romania are the ones which contribute most to the economy, those being the areas where, at least 15% of the workforce commute to a town or a city, generating 98% of the GDP Romania. Thus, if they do not function, the economy does not work. Practically, what matters are the people, the productiveness and consumption’ he said.
Romania, which for years ranked last in the EU for packaging waste recycling, now stands at the forefront of Europe’s circular economy, proving that a country with initially fragile infrastructure can implement, in record time, one of the most effective collection and recycling systems in Europe. This rapid transformation is taking place in a European […]
Tucked inside Radisson Blu Hotel, Bucharest, Ginger Sushi Bar & Lounge marks the turn of the year with an intimate New Year’s Eve dining experience built around a multi-course tasting menu. From 19:00 onwards, guests are welcomed to a carefully paced evening that blends Japanese inspiration with premium ingredients, from scallops and Wagyu to Chilean […]
Romanian non-profit Dăruiește Viață has completed a new renovation project at the “Louis Țurcanu” Emergency Children’s Hospital in Timișoara, upgrading the Pediatric Onco-Hematology Transplant Unit to modern medical standards. The investment, worth approximately EUR 150,000, was funded by Linde Gaz Romania and Atos Global Delivery Center. The organisation has been working with the Timișoara hospital […]
The multimedia exhibition Aici Se Vede Jazz (Here You Can See Jazz), set to open at SAC Berthelot in Bucharest, explores how jazz found its way in the pre-1990 Bucharest and “the contemporary ways to listen, visualize, perform and relate artistically to its world of sounds and ideas.” Bucharest had improvised studios, rehearsals with the […]
Aon Romania, part of the global group Aon plc, draws attention to the urgent need for structured solutions to protect trade receivables in an economic context characterized by high volatility and geopolitical uncertainty. The subject was central to the discussions at TRADE CREDIT TALKS - Receivable Protection in the Age of Volatility, where business leaders […]
Bucharest’s shopping centres posted mixed financial results in 2024, with major discrepancies between the city’s largest malls and mid-sized retail centres, according to financial analysis platform RisCo.ro. The data shows contrasts in profitability and turnover, as well as significant losses among some of the capital’s biggest retail projects. AFI Cotroceni recorded the highest turnover of […]
