Foreign Affairs Minister Lazar Comanescu received on Monday a delegation of the American-Romanian Business Council (AMRO), on the 4th annual mission of economic promotion. On the occasion, the head of the Romanian diplomacy the companies to evaluate the possibility of relocating to Romania some of their investment projects, given the country’s stability as compared to […]
Romania’s gross general government debt reached RON841.3bn (EUR169.3bn) at the end of February after increasing by RON57.8bn (EUR11.6bn) in the first two months of the year, according to data published by the Ministry of Finance. The debt-to-GDP ratio, calculated under EU methodology*, reached 52.4% at the end of February, from 48.8% at the...
The average monthly real yield of the mandatory private funds (Pillar 2) in Romania improved to a positive 1.9% in March, reversing the 0.5% and 0.4% negative real performances in February and January (when the inflation rates were higher), according to our calculations based on data published by the Financial Supervisory Authority (ASF). The...
Romania's president Klaus Iohannis will be received on May 7 at the White House by Joe Biden, the Presidential Administration announced. President Iohannis will pay an official visit to the US between May 7 and May 8. During the same visit to the US, the Atlantic Council will honor the Romanian president with the Distinguished […]
Mircea Cărtărescu has won the 2024 Ceppo Racconto Internazionale prize for his 2019 work Melancolia, published in Italian by the publishing house La Nave di Teseo in 2022. He is one of the seven winners in various categories of the award, granted in the Italian city of Pistoia since 1956. The jury praised his stories where […]
Deloitte Romania assisted AQUILA, leader in the integrated distribution and logistics services for the fast-moving consumer goods market in Romania and the Republic of Moldova, in the acquisition of Romtec Europa, the company that produces car care fluids and aerosols. The transaction, valued at 3.2 million euros, was signed in December 2023 and completed recently, following approval from […]
CBRE Romania, the leader in providing commercial real estate services, launches an analysis regarding the business potential and alternative investment and development opportunities in Timiș County. According to the analysis, Timiș stands out as a vital centre of Romanian agriculture, ranking first in agricultural area with 693.034 hectares and second in organically cultivated land area. […]
