Bucharest concentrates about 21% of the value of local exports and over 32% of the value of imports made in Romania, the Chamber of Trade and Industry of Bucharest (CCIB) informs. According to the source, about 25% of Romania's GDP is made in Bucharest. At the same time, the Capital city concentrates about 44% of the companies with foreign capital and about 53% of their subscribed capital. Bucharest also gathers 60% of the country's scientific research activity. CCIB organized the New Year Business Resolutions reception, in partnership with the consulting company Wise Finance Solution SRL, a member of the Bucharest Chamber and with the support of Romania-Ireland Business Association, Belgian Connection and Romania-India Chamber of Trade and Industry. “This event is a unique opportunity for professionals in various fields to meet, to exchange ideas and build valuable connections,” said CCIB president Iuliu Stocklosa. According to the source, the meeting brought together CCIB members, members of the three associations,business representatives and strategic partners to celebrate the beginning of a new year full of challenges and opportunities. “The event was a good oooprtunity for important representatives of the local business to have exchanges of ideas and information. During the event, every interaction could open new horizons and bring new prospects to develop business,” the press release mentions.
Ten non-governmental organizations in Romania have issued a joint letter criticizing the executive for the emergency ordinance adopted on Thursday, January 16, which provides sanctions, including a turnover tax, for social media giants that fail to obey rules regarding electoral ads. Another government measure under fire from the opposition limits voting in the diaspora according […]
Dacia, part of the French Renault group, will launch several electric models to compete with Chinese brands for the affordable EV car market in Europe. The first electric model will be the next Sandero, which will appear sometime at the end of 2027, the brand's director, Denis Le Vot, said on Thursday, according to Reuters. […]
Happy 2025, dear Insiders, may it be a good year! And let it start with classics, some universal, some underground. Italian director Federico Fellini is one of the biggest names in the history of the medium. To say he was very influential is an understatement. He has his own adjective (Fellini-esque) while scenes from his […]
Romanian national airline Tarom announced the establishment of a new company, Tarom Tehnic, dedicated to providing maintenance and repair services for civilian aircraft, specializing in Boeing, Airbus, and ATR models. The new company is expected to generate revenues of up to EUR 10 million in its first year of operation, according to estimates from the […]
Romania has been named the special guest country at the 2026 Cairo International Book Fair, the Ministry of Culture announced. The event will coincide with the celebration of 120 years of Romanian-Egyptian diplomatic relations. According to the ministry, the news was shared by Dr. Ahmed Fouad Hano, Egypt's minister of culture, during a press conference […]
Bucharest has started implementing a special recycling project that directly benefits stray animals. In Tineretului, Floreasca, and Circului parks, eco-friendly vending machines have been installed to provide food and water for stray cats in exchange for recycling bottles and aluminum cans. “Street cats lead a hard life, especially in winter. Food is essential for their […]
