Cristina Bojica, member in the board of the French Chamber of Commerce and Industry, Romania (CCIFER) stated recently that there are over 4,200 companies with majority French capital in Romania, and they generated 125,000 direct workplaces. ‘I will mention what France means in figures. It is the third source of foreign capital in Romania, as you know. There are over 4,200 companies with French majority capital. They became, all of them, important contributors in the economy, and in the Romanian society, and this is not only through the capital they bring which is evident, but by generating almost 125,000 direct workplaces, through the mobilization of numerous SMEs in their production chain, supply chain and so on. But what it is specific to France is that they bring know-how every time they come and bring transfer of technology, similarly, what helped our country in its development’ Cristina Bojica said. She presented which are the domains of attraction for France. ‘The domains aimed by foreign investors in Romania are those which represent the points of attraction of Romania and the points of attraction of Romania will be mentioned shortly from the point of view of the French Chamber of Commerce and thus they will be presented to French investors when they want, to develop their activity here. Firstly I mention the belonging to the European Union. But this belonging in the present context has three very concrete factors. It is a unique source of stability, which reduces the risks of foreign investments, as we know, which is at the basis of supplementary financing sources against the financing which we saw presented by the authorities in this event, the financing is source of the Romanian state, European financing which is 80 billion euros available today in the domain of transport infrastructure, health, education, green trading. These domians are domains of interest for French investments’ Cristina Bojica said. She also stated that the French investors are interested in the IT domain. Other sectors of interest for the French companies in Romania are agro-food and energy.
North Bucharest Investments anticipates a surge in international interest in the local real estate market following the launch of the Romanian Golden Visa program — a modern mechanism granting foreign investors a 5-year residence permit and the possibility to later apply for Romanian citizenship. The program, which allows eligible investments starting from €400,000 in real […]
Between October 21-25, Bucharest hosts the Climate Change Summit, the most important event in Central and Eastern Europe dedicated to climate action. The main event will take place on October 21 at the Palace of Parliament, featuring the participation of international leaders, decision-makers, and sustainability experts. CCS Week includes...
The works of several Romanian designers and artists will be on display at the Hôtel de Béhague in Paris, the headquarters of the Romanian Embassy, as part of the exhibition Valuable. The Romanian artists and designers included in the exhibition are Radu Abraham, Mircea Cantor, Bogdan Ciocodeică, Constantin Flondor, Cosmin Florea, Nona Inescu, Șerban Ionescu, […]
SCUT, Romania’s newest cybersecurity company, has officially launched the concept of the digital cyber shield — a unified approach, co-created with Orange Cyberdefense — that provides a high level of protection, complete visibility, and coordinated assistance in the event of a cyberattack. The event, organized in Bucharest, brought together industry experts, partners of the new […]
The Romanian engineering and technology company Simtel (BVB: SMTL) announced on Tuesday, October 14, that one of its companies will open a factory in Băicoi, Prahova, to produce industrial cleaning robots. Simtel has a 51% stake in Agora Robotics, the company that will operate the factory set to open in November. “We already have a […]
Over 50 civic and environmental organizations are calling on the General Council of the Municipality of Bucharest to increase fines for illegal deforestation. At the moment, the fine for the illegal cutting of a tree is only RON 50 (EUR 10), or even RON 25 (EUR 5) if paid within 15 days. The organizations have […]
