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.
Romania will join the Schengen Area with its land borders starting January 1, 2025, according to Romanian prime minister and Social Democrat (PSD) leader Marcel Ciolacu, who was on a visit to Brussels on Monday, November 18. The Romanian PM said during an interview that the decision regarding Romania’s accession with land borders will be […]
Exorigo-Upos, the Polish company that provides IT technology solutions for the retail sector, is preparing to take its presence in Romania to the next level by establishing an innovation hub in Bucharest. The new center will focus on developing and testing cutting-edge technologies tailored to the Romanian market, in line with the company’s long-term strategic […]
Eva and Victor, ages 16 and 17, respectively, will advocate for climate action as members of Romania's delegation at the United Nations Conference on Climate Change – COP29, held in November 2024 in Baku, Azerbaijan. The two teenagers also have clear roles in the conference. Victor, for example, will co-moderate the Climate Youth Forum, where […]
Natural gas producer Romgaz (SNG), a company in which the majority stakeholder is the Romanian state, listed on Tuesday, November 19, its first corporate bonds amounting to EUR 500 million on the Bucharest Stock Exchange. The bonds, also listed on the Luxembourg Stock Exchange since the beginning of October 2024, are part of a tranche […]
The Bucharest Court of Appeal ruled on Tuesday, November 19, to return the case involving Andrew and Tristan Tate to prosecutors at DIICOT, citing several irregularities. The judges also decided to remove several pieces of evidence and statements from the file, according to
Program empowers women in Romania to step into management or advisory board roles Offering actionable advice for women in businesses seeking strong governance Supporting EU gender diversity targets with inclusive leadership programs The European Bank for Reconstruction and Development (EBRD) celebrates Women’s Entrepreneurship Day on 19 November 2024 by highlighting the EBRD Women on Boards […]
