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.
President Nicușor Dan has nominated Senate president Ilie Bolojan, a leader of the National Liberal Party (PNL) and former interim president, for the prime minister seat. Dan said Bolojan is “the best person to carry out the needed adjustments in the state administration.” He pointed to Bolojan’s track record with reducing spending, and said he has […]
Balkanik Festival – Home of World Music, set to take place at Uranus Garden between September 5 and September 7, lines up this year artists who "celebrate that form of joy that does not ignore reality, but faces it with beauty, energy, and solidarity," the organizers said. The artists performing in September in Bucharest will […]
The mayor of Timișoara, Dominic Fritz, announced on Friday, June 20, that two new bridges over the Bega River will be built in the city. The bridges will be financed with EU-backed funds worth over RON 130 million. The bridges in question are the Solventul Bridge, which will connect Gării Street to Dâmbovița Boulevard and […]
A Sarmatian necropolis nearly 2,000 years old was discovered after archaeological excavations were carried out at the Mehala II site in the municipality of Timișoara, in western Romania. Researchers discovered 15 inhumation graves, most arranged in rectangular pits with rounded corners, although some no longer retain their original outline, having been disturbed by the passage […]
The George Enescu Philharmonic Orchestra will deliver on June 26 a concert marking Romania Day at the Osaka World Expo. Additionally, the Bucharest-based orchestra will present a series of other concerts and recitals, both within the Romanian Pavilion and outside, at Toyonara Hall in Osaka. The George Enescu Philharmonic Orchestra's concerts will be conducted by […]
Sphera Franchise Group, the largest food service group in Romania, has opened its first Cioccolatitaliani store in the seaside resort of Riccione, in Italy’s Rimini tourist area. This marks the official launch of Sphera Group’s development plan for the premium Italian brand of coffee, gelato, and pastry. Under the plan, it will open four locations […]
