Prime Minister Nicolae Ciuca welcomed Italian Ambassador in Bucharest Alfredo Maria Durante Mangoni on Wednesday, at the Victoria Palace of Government, among the topics discussed being the issue of energy and prices from the perspective of the need to balance market share, supplier needs and costs and the protection granted to citizens and large and small companies."In fact, the excellent Romanian-Italian relations can be found in the economic and commercial exchanges, in the integration of Romanians in Italy and of Italians in Romania, in mutual support in difficult moments, as was the case during the pandemic, by detaching a voluntary unit of physicians, in Italy, in 2020, and the Italian support received by Romania, in 2021," informs a Government press release.According to the cited source, Prime Minister Ciuca evoked the positive experiences of good economic, industrial and military cooperation that the two sides have had over time.Among the topics discussed there were also the one related to "the issue of energy and prices in terms of the need for a balance between market share, supplier needs and costs, and the protection granted to citizens and large and small companies."In the same context, the Italian side insisted on its own achievements, as well as on economic expertise."The value of trade between the two states amounts to over 12 billion euros in 2021, evenly balanced. Italian direct investment in Romania amount to 9 billion euros, in the first place in terms of number and second place ar regards the volume, after Germany. The most important areas of investment remain in energy, precision mechanics or the agri-food sector, the dynamics of Italian investments including a major investment in special steels and another in the field of high technologies," highlights the release.Last but not least were mentioned the mutual interests of both parties and their support for European and international developments.
Romanian non-profit Dăruiește Viață has completed a new renovation project at the “Louis Țurcanu” Emergency Children’s Hospital in Timișoara, upgrading the Pediatric Onco-Hematology Transplant Unit to modern medical standards. The investment, worth approximately EUR 150,000, was funded by Linde Gaz Romania and Atos Global Delivery Center. The organisation has been working with the Timișoara hospital […]
The multimedia exhibition Aici Se Vede Jazz (Here You Can See Jazz), set to open at SAC Berthelot in Bucharest, explores how jazz found its way in the pre-1990 Bucharest and “the contemporary ways to listen, visualize, perform and relate artistically to its world of sounds and ideas.” Bucharest had improvised studios, rehearsals with the […]
Aon Romania, part of the global group Aon plc, draws attention to the urgent need for structured solutions to protect trade receivables in an economic context characterized by high volatility and geopolitical uncertainty. The subject was central to the discussions at TRADE CREDIT TALKS - Receivable Protection in the Age of Volatility, where business leaders […]
Bucharest’s shopping centres posted mixed financial results in 2024, with major discrepancies between the city’s largest malls and mid-sized retail centres, according to financial analysis platform RisCo.ro. The data shows contrasts in profitability and turnover, as well as significant losses among some of the capital’s biggest retail projects. AFI Cotroceni recorded the highest turnover of […]
Nearly nine in ten Romanians expect to spend less or no more than last year on Christmas shopping, according to a new survey by tbi bank that highlights the impact of rising prices on household budgets ahead of the winter holidays. The nationwide poll, conducted in October on a sample of 1,011 respondents, shows that […]
A total of 77% of homeowners who answered a survey by ING and Ipsos said they implemented measures in the past three years to improve energy efficiency. The need to save on energy bills was the main driver of household modernization, the survey showed. Most respondents (62%) said they did so to reduce energy costs, […]
