Complaining about delayed Schengen membership for Romania and speaking of the OCDE membership as the new target, prime minister Marcel Ciolacu assured in an interview with TV station Antena 3 that the country will soon surpass Austria by GDP per capita measured in PPP.
Unless Austria faces a major economic crisis, this implies that Romania would surpass in terms of economic performance other countries such as Sweden, Germany or France. As of 2023, Austria's GDP per capita...
“It is always a good time to invest in ourselves. Inner clarity becomes outer confidence. What we cultivate within becomes the energy we carry into the room”, says Diana Iosu, as she creates DiFine your Essence, a new personal, professional and spiritual development event. After two decades in A-list corporations, Diana Iosu has chosen the […]
Romanian presidential candidates George Simion and Nicuşor Dan presented contrasting visions for the future government in the run-up to the decisive second electoral round, News.ro reported on May 8. While Simion called...
Chinese bamboo products manufacturer Long Bamboo Technology Group Co., a supplier to Swedish retailer IKEA, has entered the Romanian market to establish a furniture production facility, Profit.ro reported on May 8. The company, headquartered in Hong Kong and with manufacturing...
The Mangalia shipyard in Romania is resuming operations gradually following its entry into insolvency in 2024 after Dutch shipbuilding group Damen withdrew from the joint venture. The shipyard's management has introduced measures to stabilize finances and revive activity, with employee salaries to be paid in phased installments,
The Belgian manufacturer of metal roofing systems Metigla, with a factory in Ceptura, Prahova County, announced a EUR 15 million investment plan in expanding production, automation, and employees. "In 2025, we will consolidate our presence in key markets and gradually expand this model to more European countries. We invest in sustainable products, automation, teams, and […]
Chinese electric vehicle manufacturer BYD officially launched operations in Romania, introducing its full-electric and plug-in hybrid models to the local market, Economica reported on May 8. The move is part of the company’s broader strategy to expand across Europe. BYD’s initial retail presence includes showrooms in...
