As every year, the celebration of the Czechoslovak Independence Day, gives us the opportunity to take a snapshot of the bilateral commercial cooperation which is a part of the broader and complex relations between the Czech Republic and Romania. Romania is a very important partner for the Czech Republic. We have a long history of successful and dynamic economic cooperation, mainly since the moment our countries became the members of European Union. Our bilateral relations are very intensive not only in the economic sphere. The economic relationship between Romania and the Czech Republic is a continuous success story with our bilateral trade volume increasing rapidly over the past years. Our bilateral trade turnover achieved a record value, nearly 4,2 billion EUR. From my point of view, positive advantage in our mutual cooperation is the general knowledge of Romanians about the Czech Republic, or the quality of Czech products such as Škoda, Zetor, Bohemia glass, Czech beer or herbal liquer Becherovka. Recent positive development in our bilateral trade relations was reached together with the help of CzechTrade office in Bucharest. The Czech Republic ranks also in the top foreign investors in Romania with invested capital over 1,5 billion EUR. The biggest Czech investment is represented by the energetical company ČEZ, which has always been a good example of a responsible Czech investor in Romania. Among the other recent investors we can mention S-Group holding, Penta, RC Reinvest, Remira, Renomia, Antares, Alef, PPF and many others. As the latest achievements of Czech companies on the Romanian market can be mentioned the delivery of 17 trolley buses made by Škoda Electric to the port town of Galaţi and openning of the first store with art, school and office supplies in Bucharest by KOH-I-NOOR HARDMUTH, a world famous Czech company. The economy in Romania is continuously developing in a very positive way and it is strengthening the trust of Czech investors. Going into the details, Romania is a country for short term and long term investments, with well-educated workforce at competitive wages with excellent language proficiency, technical skills, strategic location, abundant natural resources, good work ethics, favourable business climate, attractive taxes and liberal labor code. Romania boasts many business opportunities especially in the automotive, energy and agro-food industry, IT&C and other creative industries and moreover when it comes to SMEs, a sector with the potential of becoming a seed of economic revival, essential for Romania´s development. In general, Czech business community appreciates Romania as a large internal market and favorable geographical location as the gateway to the entire region of Balkans, Turkey, Asia, and North Africa. The potential for developing economic and trade relations between our countries presents a wide spectrum of interests. Czech companies are operating in a variety of local sectors and in general, they can also offer services and experience in infrastructure, public transport, in the field of sewage water and water treatment, agriculture, renewable energy, retail, food, pharmaceutical industry, health sector, etc. The Embassy of the Czech Republic in Bucharest besides the excellent longterm cooperation with the Chamber of Commerce and Industry of Romania, is also promoting its activities with the Czech Centre Bucharest, Honorary General Consulate in Timişoara, clusters, industrial parks, and large number of other Romanian institutions. The Embassy of the Czech Republic in Romania welcomes every Romanian who is interested to get into the economic cooperation in the trade or investment activities. Czech-Romanian partnership has still a lot of potential for even closer relations as strategic bilateral economic partners within the European Union. The Czech Republic is proud to be a reliable partner of Romania.
Romanian deep-tech startup .lumen, the developer of what it says are the world’s first AI-powered glasses for the blind, has secured a new investment from EIT Urban Mobility, the European innovation community focused on advancing sustainable and inclusive urban mobility solutions. The value of the new funding round was not disclosed. The investment aligns with […]
The health spending per capita in Romania was the lowest in the EU, with spending less than half the EU average in 2023, the recently released report, State of Health in the EU - Romania Country Health Profile 2025, shows. At the same time, life expectancy in Romania is 5.1 years below the EU average, […]
Romania’s annual inflation rate stood at roughly 9.8% in November 2025, similar to October, according to data published by the National Institute of Statistics (INS). Food prices increased by 7.6% last month, while services rose roughly 11% and non-food goods climbed 10.7%. The consumer price index rose by 0.42% in November compared with October, while […]
Three French soldiers deployed in Romania as part of NATO’s Multinational Battle Group at Cincu intervened to save a truck driver following a serious traffic accident on the A3 Bucharest–Ploiești motorway, the Romanian Ministry of Defense said. The incident occurred earlier this week as the soldiers were traveling toward Ploiești and witnessed the truck crash...
Eight contemporary art galleries will present the works of the artists they represent at the third edition of the Smallest Art Fair in Town, an event dedicated to works on paper. This edition showcases works “investigating the state of wandering, disorientation, and rediscovery in the face of uncertainty.” Under the title In Dark Woods, A […]
Parents everywhere are asking an important question: What skills will truly prepare a child for a world defined by rapid change, global uncertainty, and the rise of artificial intelligence? For decades, schools focused entirely on academics. Today, research from neuroscience, performance psychology, and leading universities shows a different reality: The students who thrive long-term are […]
