Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Commercial exchanges between Romania and USA, historical value...

Commercial exchanges between Romania and USA, historical value in 2021

March 21, 2022

Prime Minister Nicolae Ciuca met on Tuesday with representatives of American companies within the American-Romanian Business Council (AMRO), in which context the importance of the investments generated within the Romanian-American Strategic Partnership in the fields was underlined such as digitization, medicine, energy, defence, cyber, financial banking, natural resource exploitation.According to a Government's release, the dialogue, which marked AMRO's tenth anniversary, benefited from the largest delegation of American companies arriving in Romania under the auspices of AMRO.The participants in the meeting underlined the importance of the investments generated within the Romanian-American Strategic Partnership for the creation of economic opportunities, prosperity and jobs, in fields such as digitalization, medicine, energy, defence, cyber, banking, financial, exploitation of natural resources.   The commercial exchanges between Romania and the USA have recorded last year a historical value, totaling 2.271 billion euro on November 1, 2021, while the number of American companies in Romania was 8,191, according to the chair of the Chamber of Commerce and Industry of Romania (CCIR), Mihai Daraban."Furthermore, because exchanges in goods must be differentiated from services, the value of latter rose to 2.5 billion euro. Furthermore, on January 1, 2022, in Romania there were 8,191 American companies, with a value of social capital of over a billion euro," added Mihai Daraban, quoted in a release sent by the CCIR.The CCIR chair has participated on Monday at the reception organized together with the American-Romanian Business Council (AMRO), on the occasion of the announcement of the launching of the AMRO economic mission to Bucharest, which will take place September 14-15, 2022.The event, organized with support from the Embassy of the United States of America in Romania, has benefited from the presence of representatives of the business environment of the two countries, as well as the presence of representatives of the central public administration in Romania.In his turn, AMRO President and Founder, Eric Stewart, noted that he collaboration between AMRO and CCIR is a long-term one, but most importantly it's a collaboration that demonstrated, over time, the capacity of CCIR to help the business environment in Romania in what regards accessing new markets. As an example, in 2016, in the Select USA program, program that offers annually support in entrepreneurial education and development for more than 10,000 SMEs and entrepreneurs, there were only four Romanian companies.   After a discussion with CCIR chair, Mr. Mihai Daraban, the delegation formed by Romanian companies participating in this program, in 2018, was not only the largest from Romania, but was also the largest in Europe and fifth in the world. This proves the organizational capacity of CCIR, as well as a higher degree of confidence of business people in Romania in their own strengths, opening, thus, new horizons to develop business.The American-Romanian Business Council is a non-profit organization that promotes commercial relations between the United States and Romania. The mission of the Council is to increase trade and investments between the two states, to promote the Romanian-American bilateral relation and to educate the public regarding its importance. 

The text of this article has been partially taken from the publication:
http://actmedia.eu/daily/commercial-exchanges-between-romania-and-usa-historical-value-in-2021/96331
Read in full - click here
Romania, the New ‘Physical Paradise’ in Europe for Entrepreneurs and Retirees Alike

If you’re searching for a hidden gem in Europe, Romania is calling your name. Tucked between the Carpathian Mountains and the Black Sea, this country is an untouched marvel, combining natural beauty, rich history, and endless opportunities for entrepreneurs and retirees alike. Romania offers a unique blend of modern life and ancient charm, making it […]

Reconnecting with the body in times of burnout

Let’s talk about the lack of connection with our body and how this is closely tied to burnout, plus, what to do about it. So often throughout the day, we live almost entirely in our minds. We’re focused either on what we have to do at the moment—tasks that increasingly demand mental effort over physical […]

Authorities dismantle criminal group exploiting vulnerable Romanian workers in Hungary

Six men and one woman from Romania have been accused of recruiting dozens of children and adults from foster care centers, whom they then transported to Hungary, where they turned them into slaves, forcing them to work under inhumane conditions. The accused are from the localities of Ozun and Chilieni, Covasna County, Romania, and allegedly […]

Romanian museum dedicated to forced collectivization under communism adds new wing with EU funds

The Museum of Collectivization, the first in Romania dedicated to the forced collectivization period of the communist era, is set to open a new wing, Corp B, funded through the EU-backed National Recovery and Resilience Plan (PNRR) and co-financed by the National Cultural Fund Administration (AFCN). With the new building, the museum located in Tămășeni, […]

Romania’s Madrigal choir to tour in Luxemburg, Belgium

Romania’s “Madrigal – Marin Constantin” National Chamber Choir, conducted by Anna Ungureanu, will be in Luxembourg and Belgium, as part of the “Bridges Across Europe/Punți peste Europa” European tour, where it will perform five extraordinary concerts. The performances will take place between November 20 and 25, with the help of  the Ministry of Culture, the Romanian Embassy […]

Romanian Ministry of Culture takes EUR 140 mln loan to preserve historical monuments, buildings

The European Development Bank approved a EUR 140 million loan for Romania’s “Cultural Foundations” project, aimed at preserving historical monuments and constructing cultural buildings in the country. The project targets 14 investment objectives of national and European relevance, administered by public institutions under the Ministry of Culture, including the Romanian Athenaeum, the Romanian National Operas […]