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.
Romanian producers from Timiș and Tulcea claimed three gold medals at the 2025 edition of the Concours International de Lyon, one of Europe’s leading cheese and dairy competitions. Held in Lyon, the event brought together products from 15 countries and awarded a total of 680 medals, including 459 gold and 221 silver. From Romania, Asociația […]
Romania’s national team learned its potential group-stage opponents for the 2026 FIFA World Cup on Friday, December 5, during the official draw held at the John F. Kennedy Center for the Performing Arts in Washington, D.C. The winner of the UEFA play-off path that includes Romania will join Group D, alongside the United States, Paraguay, […]
Romanian president Nicuşor Dan is paying an official visit to France on Monday and Tuesday, with a schedule that includes meetings with French leader Emmanuel Macron, Paris mayor Anne Hidalgo, and members of the Romanian community,
The December 7 elections in Bucharest marked the lowest turnout in the last decade, but were also a major win for the National Liberal Party (PNL) since its candidate, Ciprian Ciucu, won a majority of votes in 5 of the 6 districts of the capital. In District 1, Ciprian Ciucu obtained 40.29% of the votes. […]
Romania’s profit share, defined as the proportion of value added distributed by non-financial corporations to capital rather than labour, fell for the second consecutive year to 48.1% in 2024, Eurostat reported on December 7. The ratio was 40.0% on average in the European Union, with below-average ratios in more developed countries such as France (32.2%) […]
The pension law "brutally violates the independence of the judiciary" and "de facto eliminates the service pension for magistrates," according to the reasoning published by the High Court (ICCJ) along with its decision to refer the magistrates' pensions law to the Constitutional Court, Ziarul Financiar reported. ...
