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.
Representatives of the ruling Social Democratic Party, PSD, gathered for a congress in Bucharest on Friday, November 7, to elect new leadership and to amend the party’s Statute. The only candidate for party leader is Sorin Grindeanu, who held the interim position after Marcel Ciolacu's resignation in May. In his speech at the congress, Sorin […]
The e-commerce sector recorded strong early results on Black Friday 2025, according to real-time data released on Friday, November 7, by PayU GPO Romania from its dedicated Media Center. By 14:10, the payment processor reported successful transactions totaling RON 514 million (roughly EUR 101 million). PayU said shoppers had made roughly 889,000 purchases, with around […]
Contakt Express Logistik, one of Romania’s leading retailers of mobile phone and tablet accessories, with a network of over 235 stores, is set to launch the initial public offering (IPO) between November 12 and December 3, 2025. The company offers a wide range of products, including cases, screen protectors, chargers, and gadgets, both in physical […]
Romania attracts fewer international tourists today than it did during the communist era, making it the only country in Europe in this situation, the National Association of Travel Agencies (ANAT) warned, as reported by news agency Agerpres. According to the organization, Romania received more than 3.4...
InterCapital ETF, the first international ETF provider in Romania, will launch two new exchange-traded funds on the Bucharest Stock Exchange starting November 11, 2025. The new instruments are the InterCapital CROBEX10 TR UCITS ETF, which offers exposure to the Croatian blue-chip equity market by tracking the performance of the CROBEX10tr index, and the InterCapital EUR […]
The Competition Councils of Romania, Bulgaria, and the Republic of Moldova have granted the necessary authorizations and approvals for the completion of the transaction through which Maspex Romania takes over the majority shareholding of Purcari Wineries. The Maspex Group, which has been present in Romania for nearly 30 years, became the majority shareholder of one […]
