Prime Minister Nicolae Ciuca met on Wednesday with representatives of the business community and the banking sector to analyze the impact of the conflict in Ukraine on the economic situation in Romania.According to a Government's release, the talks focused on developing the country's energy independence, public and private investment, as well as possible vulnerabilities caused by the conflict in Ukraine, such as a possible decline in global car production.The effect of the fake information spread in the public space in the current context was also analyzed, the participants in the meeting agreeing that a joint effort is needed in combating this phenomenon."Unfortunately, this part of fake news catches on very easily, while the arguments are taken over and understood much harder. You should know that everyone needs to make efforts to stop this phenomenon," Prime Minister Ciuca said.According to the Government, the issue of increasing anxiety among the population amid the border conflict has also been addressed. "We need, more than ever, a call for calm, solidarity and a message of unity: we will support jobs, we will support the economy. We need everyone to communicate that we have the capacity to get over this situation. We call for calm," said the Minister of Finance, Adrian Caciu, present at the discussions.All the topics addressed will continue to be discussed in depth in future meetings, which will take place regularly, the Government said.
Eight of the largest business organizations active in Romania have voiced their concern over the accelerating deterioration of the business climate and the erosion of Romania’s credibility. The call is signed by AmCham Romania – American Chamber of Commerce in Romania, AOAR – Association of Romanian Businessmen, AHK – Romanian-German Chamber of Commerce and Industry, […]
Low-cost carrier Wizz Air announced six new routes from Timișoara and Brașov, two major cities in western and central Romania, respectively, as well as a third aircraft allocated to its Timișoara base. The additional aircraft will support the launch of five new international routes from Timișoara to Larnaca, Nuremberg, Basel, Frankfurt Hahn, and Naples, with […]
The Ploiești Court of Appeal reinstated the status of protected natural reserve for the Crâng Forest, a remnant of the famous Vlăsiei Woods, in a ruling made public on Tuesday, May 13. In 2024, the Buzău County Council approved the revision of a 1995 decision concerning the protection of natural areas and monuments, removing Crâng […]
Cristina Uruc, interim manager of Romania’s Artexim - the organizer of the George Enescu International Festival and Competition, has been unanimously elected president of the European Association of Artist Managers (AEAA). The decision was made during the organization’s General Assembly held recently in Istanbul, hosted in partnership with Borusan Sanat, one of Turkey’s leading cultural […]
Marriott International announced plans to expand its presence in Romania with five new hotels and more than 550 additional rooms expected by the end of 2028. The expansion will also mark the debut of two Marriott brands in the country, Residence Inn by Marriott and Four Points by Sheraton, as the company strengthens its portfolio […]
Bucharest City Hall (PMB) listed a new bond issue (PMB31) on the Bucharest Stock Exchange (BVB) on Wednesday, May 14, with a total value of RON 555 million (EUR 108.7 million). It is the eighth issue of the Municipality of Bucharest listed on the stock exchange in the last 10 years, and was subscribed by 26 […]
