The commercial balance deficit reached cosmic dimensions and the amount of 94.8 billion euros which we imported last year should make us reconsider things, said Mihai Daraban, the president of the Chamber of Trade and Industry of Romania (CCIR). “When we see there are 25,770 exporters in Romania and the first 100 carry out half of the entire export and two Romanian companies are among the first 100, that should make us reconsider things. The first 1,000 represent 81% of total export and there we find 148 Romanian companies. In other words, export in Romania is made by foreign companies activating in Romania. Then our orientation is toward that export of services where IT&C industry can become a leader. We must leave commercial exchanges of goods and deal with commercial exchanges of services,” Daraban said. "C@municatii Mobile” publication organized on Tuesday the conference “International Day of Telecommunications and Information Society. Anniversary – 25 years of digital communications in Romania.”
Nusco Imobiliara, part of the Nusco group controlled by Italian family Nusco in Romania, contracted a EUR 31.4 million loan from OTP Bank Romania to develop the second stage of Nusco City, the bank announced. The funds will finance the development of three of the seven buildings included in the second development stage. The second […]
Belgium retail group Ahold Delhaize, which operates Romanian retail chain Mega Image, announced it is opening a technology hub in Bucharest, where it plans to hire 250 experts to develop applications for all the group’s brands in Europe. “This technology hub will bring together the best IT&C specialists to develop innovations that serve consumers of […]
The European Commission announced that it initiated an infringement procedure against Romania because the country fails to pay its bills to independent pharmacies in a timely manner. This puts financial pressure and risks pushing into bankruptcy independent pharmacies, the EC says. The commission decided to send Romania a letter of delay due to public health […]
French utility group Engie nearly doubled the capacity of its wind farms in Romania after taking over WIND Project (ROM) SIX – the operator of an 80MW wind farm located in the eastern part of Romania at Chirnogeni, Constanta county. The Competition Council approved the deal,
Golden Food Snacks, controlled by Greek businessman Konstantinos Mitzalis, announced it completed the takeover of Derpan – a local bakery specializing in the production of packaged pastry set up by local entrepreneurs near Galati, in 2001. The deal was cleared by the Romanian Competition Council in 2022,
Romanian do-it-yourself (DIY) chain Dedeman, controlled by local entrepreneurs, announced the opening of its second store in the western Romanian city of Arad upon an investment of EUR 19 million. The investment includes the value of the 9-ha plot of land, the building, as well as the working capital (value of the inventory) needed by […]
