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.
Romanians are worse off now compared to 6 months ago, and 2026 will also be difficult, but from 2027 and then on, there is hope, said president Nicusor Dan during an interview with Romania TV. The government targets a deficit of 8.4% of GDP this year, marginally below 8.65% of GDP in 2024. To tackle […]
Imran Vilcassim, Chief Commercial Officer, Digital Platforms at BPC, explores how Romania’s booming digital payments outpace merchant readiness and why mobile POS is emerging as the practical solution. Romania’s digital payments volumes are rising fast, but merchant infrastructure isn’t keeping up. Independent market models estimate total digital payments will reach nearly
The attributes needed to reach the top of the business hierarchy, how to motivate and support the teams one works with, and how to tackle the unavoidable challenges that arise along the way were among the topics discussed at the event Inspiring Women in Business, organized by La French Tech Bucharest. Making it to a […]
More than half of the elderly people in urban areas in Romania face loneliness, and almost 310,000 of them experience it at a high level, according to a study conducted by the Association Never Alone, Friends of the Elderly, in partnership with Kantar Romania. The study, carried out in August 2025 on a representative sample […]
Square 7, part of retail park investor M Core, officially inaugurated its new Bucharest office last week, marking an important milestone for the company. More than 150 guests joined the event, including partners, collaborators, and team members. M Core is a family of property investment and management companies comprising LCP, Sheet Anchor, Proudreed, and Sheet […]
Real estate developer Hagag Europe Development has expanded its Romanian operations into the energy sector with the acquisition of BTD Distribuție și Furnizare, a local company specializing in natural gas infrastructure, distribution, and supply. The company has opened a new local division - Hagag Energy - and announced plans to invest more than EUR 400 […]
