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.
The service center for the banking Societe Generale Group, the Societe Generale Global Solution Centre, announced the appointment of Laurent Mirjol as Chief Executive Officer, effective June 1, 2025. The new CEO will oversee the activities and develop the strategy of Societe Generale Global Solution Centre Romania. With over 20 years of experience in the […]
During a press conference held on Monday, July 14, Romanian president Nicușor Dan defended the recent tax hikes enacted by the government, underlining the need to reassure creditors and lower the country’s public debt. Nevertheless, he said that the VAT increase was decided by the government. In the presidential campaign, then-candidate Nicușor Dan promised to
The famous Pompidou Center in Paris will organize a retrospective of the complete works of Romanian director Radu Jude between September 23 and October 11. The retrospective brings together films made over twenty years by the prolific Romanian director. The event will open and close with two of the most recent films, namely “Kontinental 25” […]
Romanian president Nicușor Dan presented the expenses incurred in the electoral campaign and who the main donors were during a press conference on Monday, July 14. Over the first and second rounds of the presidential elections, Dan's campaign spent over RON 60 million (EUR 12 million), and the biggest individual donors were Măriuca and Florin...
Haleon, a global leader in consumer health, has appointed Wael Kaskas as General Manager for its Hungary, Romania, Czechia, and Slovakia cluster. With a strong background in FMCG, consumer healthcare, and supermarket retail, Kaskas brings extensive experience in managing billion-dollar portfolios and leading business transformations, the company said. Before this role, Kaskas was responsible for […]
Vadoo Fest returns on August 21–24 to the meadows of Vadu Oii, Buzău County, with a new edition that invites participants to slow down and reconnect. Now in its seventh year, the festival promises a special experience rooted in nature, music, and human connection. This year’s line-up blends depth and groove, featuring Grammy-winner Judith Hill, […]
