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.
The shares of four other companies listed on the Bucharest Stock Exchange (BVB) will be included in the MSCI Frontier, MSCI Romania, MSCI Frontier IMI and MSCI Romania IMI. Romania will thus have 30 listed companies part of the MSCI indices as of June 1, 2024. The shares of telecom group Digi Communications (DIGI)...
DP World announced on May 15 the opening of three new sites in Romania, following total investments of over EUR 130 million. The company said the projects aim to provide “a significant boost to the country’s growing status as a key hub of European trade.” Thus, Constanta, the largest container port on the Black Sea, […]
Measuring the confidence of Romanian managers and entrepreneurs in the local economy for over 4 years, the results of the 10th edition of the CONFIDEX study highlight the optimism, resilience, and adaptability of the Romanian business environment. According to the CONFIDEX study from the first semester of this year, the proportion of managers who declare […]
Alternative investment fund BT Property said on May 15 that it acquired Funshop Park Turda, Cluj county, from the Polish group Scallier. The transaction marks the fund's entry into the retail market, where it aims to expand. Funshop Park Turda retail park has over 9,000 sqm of leasable area and BREEAM-certified buildings, according to international standards. BT Asset […]
Attractive Romania/România Atractivă was launched this week with the aim of offering local and foreign tourists a new tool to explore the country. The multimedia platform includes 12 thematic routes in 35 counties, listing 275 landmarks to discover. The program, with a value of over RON 36.3 million, is part of the National Recovery and Resilience […]
It’s a packed agenda this week, with film festivals, art and jewelry fairs, events for foodies, the start of the light and music show at Bucharest’s Unirii fountains, and an anniversary but slimmed-down edition of the Night of Museums. The public in Iași can attend the events of the Romanian Creative Week, while theater fans […]
