At a meeting with the Foreign Investors Council (FIC) on Wednesday, Prime Minister Ilie Bolojan said that reform measures in Romania will continue to aim reducing public spending, improving the collection of government revenues and correcting economic imbalances."Attracting foreign direct investments is a priority for Romania in the coming years as well. We consider you, the foreign investors, as Romania's economic ambassadors and I want to send a clear message: although we are going through a period of challenges, Romania remains a country where investments with good returns can be made," Bolojan is quoted as saying in a government press release.FIC officials brought up the discussion of "ambitious government measures" to stabilise public finances, combat tax evasion and reduce arrears.During the consultations, both the prime minister and representatives of the Foreign Investors Council highlighted the importance of promoting a set of fiscal and economic measures that contribute to sustainable economic growth."The Prime Minister specified that the Executive will continue to support the policies dedicated to strategic sectors, balancing the trade balance, digitalising the administration, simplifying procedures and directing the workforce towards the real economy."Consultations between the government and FIC will continue at both governmental and sectoral level.The meeting at Victoria Palace government house was also attended by Mihai Jurca - head of the Prime Minister's Chancellery and Mircea Gutin - senior official with the Chancellery. (Photo:www.gov.ro)
Construction and real estate development company Novarion has announced its intention to list on the AeRO market of the Bucharest Stock Exchange by the end of the year or at the beginning of next year. Listing will take place following a EUR 70,000 grant obtained through the EU-backed National Recovery and Resilience Plan, or PNRR. […]
“The Robot Cellist,” the visionary project of international artist Fredrik Gran, will perform during GoTech World 2025, the largest IT and digital solutions expo-conference for the business environment in Central and Eastern Europe. Created by Swedish composer Fredrik Gran, “The Robot Cellist” reinterprets the cello through technology, blending tradition with innovation. It has already appeared […]
Romania is 7th in a ranking of the fastest Wi-Fi connections available onboard trains in 18 countries in Europe and Asia, according to an analysis by internet speed testing service Ookla. With a median download speed of 12.46 Mbps, Romania offers Wi-Fi more than twice as fast as Italy (4.78 Mbps) and Poland (4.72 Mbps), […]
Bucharest’s Botanical Garden will once again be illuminated this fall as the “Garden of Lights – Small World” exhibition opens to the public on October 24. The nighttime event will feature thousands of light installations, colorful lanterns, multimedia projections, and interactive displays inspired by landmarks and cultures from around the world. Visitors will embark on […]
The Metropolis Foundation announced the start of construction works on Romania’s largest pediatric psychiatry hospital, a project valued at over EUR 16.5 million. The new facility will be built within Bucharest’s “Prof. Dr. Alexandru Obregia” Psychiatric Hospital. The 3,900 sqm building will include modern wards, medical offices, occupational and virtual reality therapy rooms, sensory and […]
Global enterprise AI agent platform Wonderful announced on Monday, October 13, that it entered the Romanian market and appointed Lucia Stoicescu as Country Manager. Founded in early 2025 by Bar Winkler (CEO) and Roey Lalazar (CTO), Wonderful provides an integrated agent platform allowing enterprises to build, manage, and monitor AI agents serving customers. Winkler previously […]
