The Port of Constanta can represent a business opportunity for American companies, especially in the context in which it has taken over the activity of the 6 to 7 Ukrainian ports closed due to the war, being the 4th largest in Europe, says president of the Chamber of Commerce and Industry of Romania (CCIR) Mihai Daraban.The CCIR President welcomed on Wednesday the official visit of a delegation from the Commercial Service of the United States of America (USA) Embassy in Romania, led by Eli Corso Phinney, Commercial Attache, visiting the National Chamber for the first time.During this meeting, the optimal solutions for attracting new American investments in Romania were identified, as well as the ways in which the two countries can get involved in large-scale joint economic projects."Very recently, I returned from an economic mission I carried out in the US, and what surprised me in an extremely pleasant way was the willingness of American companies to get even more involved in the Romanian market, which is an important sign of the confidence of the American business environment in the business opportunities that our country offers," mentioned Mihai Daraban.In his opinion, Romania's geographical position should not be overlooked, with its opening to the Black Sea and access to the Danube River, through which goods can be transported to many countries in Europe."In fact, during the economic mission in the US, we managed, together with the representatives of the American Romanian Business Council (AMRO), to establish some guidelines regarding a common platform for the reconstruction of Ukraine, when the conflict ends," Mihai Daraban stressed.In turn, the Commercial Attache of the US Embassy was delighted that CCIR is a partner in several projects with the US Commercial Service in Romania, including the Select USA Program, which has been a significant success in Romania, and in the events organised on the sidelines of the Indagra agricultural fair in Bucharest.Eli Corso Phinney said the U.S. Commercial Service is interested in a country-wide approach to identifying business opportunities for American companies. Thus, he added, we hope to participate in a series of events throughout Romania in the coming year. We will also continue to support Romania's desire to have a strong business climate and strengthen bilateral trade ties, he also mentioned.
Gold has been one of the most sought-after assets for centuries, and in the modern era, it has become a highly popular component of investment portfolios. A preferred asset for protection against economic risks, gold has delivered attractive long-term returns, increasing by approximately 8% per year over the past two decades. Since the end of […]
JTI Romania is the Top Employer for the 12th year in a row, being ranked third amongst 44 companies locally awarded, after an assessment conducted by the Top Employers Institute. The company was rated for about 20 criteria such as leadership, talent acquisition, on-boarding, digital HR, work environment, career development, learning, ethics & integrity, diversity, […]
Romanian defense minister Angel Tîlvăr stated that the contract for the Patriot system, which will replace the one ceded by Romania to Ukraine, is expected to be signed in February. The minister commended the decision of the United State government to approve the delivery of three Patriot systems to Romania. Raytheon stated it will collaborate […]
Romanian companies are entering 2025 with cautious optimism, focusing on managing risks and controlling costs, according to the Deloitte 2025 Romania CFO Survey conducted at the end of last year among approximately 130 Chief Financial Officers (CFOs). Most of the Romanian CFOs predict an increase in revenues for this year (58%), but their share has […]
Several employees of the Romanian Senate began protesting and booing while the president of the upper Chamber was announcing that staff restructuring would be implemented to reduce public spending. Ilie Bolojan, president of the National Liberal Party and head of the Senate, announced a reduction in the organizational chart from 796 positions to 618 positions. […]
The members of the Romanian angel investor network TechAngels put EUR 2.757 million in direct investments in tech startups in the second half of 2024, almost triple the amount invested in the year's first half. The investments for the entire 2024 rose to EUR 3.777 million, a 25% year-on-year increase. The rounds backed by TechAngels […]
