Direct investments of Italian companies in Romania amount to approximately 8.15 billion euros, the secretary general of the Romanian Chamber of Commerce and Industry (CCIR), Ovidiu Silaghi, told a specialized seminar on Tuesday."We can notice an important increase in the volume of goods traded between Romania and Italy, starting in 2020. Now we are at approximately 20 billion euros, in three years. Of course, the bad news for Romania is that it recorded a trade deficit of approximately one billion euros, a huge volume. The direct investments of Italian companies amount to about 8.15 billion euros. Also, Romania has the largest stock of direct foreign investments from Italy. due to our cultural heritage, but also from a linguistic point of view, I have good reasons to be optimistic about the future. The Chamber of Commerce is always and will always be open for joint projects with Italian companies, but also with the Italian Embassy in Romania in order to develop solid bilateral ties in the future," said Silaghi.The Romanian Chamber of Commerce and Industry, in partnership with the Italian Embassy in Romania, is organizing, on Tuesday, the economic seminar entitled "The role of Italian investments and trade in the development of the Romanian economy".On this occasion, the study carried out by the Italian Embassy in Bucharest, in collaboration with the Babes-Bolyai University in Cluj-Napoca, by the research team of the Romanian Economic Monitor (Monitorului Economic Român/FSEGA), will be presented, which analyzes the contribution and evolution of the presence Italian economy in Romania in the period 2013-2023.
Interim president Ilie Bolojan has convened the Supreme Council of National Defense on Wednesday, April 30, to discuss essential defense topics such as Romania’s participation in the ReArm Europe Plan/Readiness 2030, the draft Law on National Defense of Romania, and the National Plan on Military Mobility. Other topics concern the draft Law on certain measures […]
The photography exhibition World Unseen, which allows both blind and sighted visitors to experience images through touch and sound, is opening its doors in Iași after attracting over 100,000 visitors in Bucharest. Hosted at the Palace of Culture, the exhibition will be on display from April 29 to July 29. Organized by Canon Romania in […]
Brașov-Ghimbav International Airport in central Romania recorded a total of 56,897 passengers in the first quarter of this year, more than double the number from the same period in 2024, when 27,885 travelers were registered. According to statistics published by the Romanian Airports Association, the Brașov-Ghimbav Airport has returned to 9th place in the national […]
DAAS Epta Romania, part of the international Epta group, is set to open the first Training Center for refrigeration technicians in the country with an EUR 500,000 investment. The company also announced the accelerated expansion of the remote monitoring service center, or TLM. The Training Center is a pilot project developed based on the model […]
Knauf Insulation, part of the Knauf Group, has invested EUR 140 mln in state-of-the-art production facilities and brought together world-class expertise to transform the Târnăveni plant in Romania into the most technologically advanced facility in Central Eastern Europe. Industrial services provider Bilfinger has played a significant role in the project by undertaking a comprehensive range […]
The seventh edition of Neversea, one of Europe’s largest beach music festivals, will not take place in 2025, the organizers announced. The event is now scheduled to return in 2026 in Constanța, Romania, after challenges in securing a suitable beach venue. Organizers from Untold Universe explained in a press release that they were unable to […]
