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.
Romania's prime minister Marcel Ciolacu is on a working visit to the United Kingdom and Northern Ireland on November 12-13, attending the Romania-Great Britain Economic Forum. The visit is also the first of a Romanian PM to the UK in 17 years. Marcel Ciolacu is also set to meet British counterpart Keir Starmer, the Speaker […]
Orange Romania announced the reopening of the Telephone Palace (Palatul Telefoanelor), a historical monument on Calea Victoriei avenue in Bucharest built in the 1930s for telecommunications specialists. The company's goal is to bring together its teams in Bucharest in two neighboring buildings: the Tandem central office on Matei Millo Street and the Telephone Palace. The […]
Romania’s internal intelligence service SRI has confirmed the presence of troll farms, bots, and fake accounts in the country, but states that the phenomenon does not pose a threat to national security. The statement comes after a presidential candidate was accused of running such networks to his own benefit. The service also denied any foreign […]
Goldbach Grup, a holding that brings together companies with over 13 years of experience in the development and implementation of complex projects in areas such as urban development, real estate, construction, architecture, renewable energy and consulting in the field of European funds, announces the co-optation of Cristina Nuță, a strategic leader in financial management, in […]
The JD Malat Gallery hosts contemporary Romanian artist Ur Kasin’s debut solo exhibition in London. Titled All Is Blurred, the show features six monumental compositions “that explore the psychological journey of a character that he has created, navigating his way through a complex and unforgiving world.” Kasin subverts the traditional subject matter of the large-scale […]
Employees at Romania’s famous Peleș Castle Museum were recently accused of forming a network involved in the illicit reselling of entry tickets, a long-running ploy allegedly used by the staff. The museum, in turn, says that allegations refer to the acts of a single individual in 2018, with no credible connection to the present. The […]
