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.
Several archaeological pieces from the Dacia - Empire of Gold and Silver exhibition showcasing Dacian treasures from Romania have been stolen after an explosion at the Drents Museum in the Netherlands on the night of January 24 to 25. Among them, the famous golden Helmet of Coțofenești, c.a. 450 BC, which belonged to the National […]
In European offices, there is a steadily growing interest in spaces that are not only beneficial to productive work but also reflect a modern approach to ergonomics and aesthetics. Romania is also part of this trend, with more and more companies investing in modern offices that combine functionality with exceptional design. In this article, we'll […]
By Ambassador Extraordinary and Plenipotentiary Permanent Representative to the Council of Europe, Dr. Ion I. Jinga Strasbourg, January 2025 Motto: “Precedents in history can furnish no other light than that of beacons, which give warning on the course to be shunned, without pointing out that which ought to be pursued.” Alexander Hamilton, Founding […]
A technical evaluation mission of the Secretariat of the Corporate Governance Committee of the Organisation for Economic Co-operation and Development (OECD) took place on January 20-23 at the General Secretariat of the Government (SGG).According to SGG, the major objective of the mission was to analyse and evaluate the implementation by Romania, as a candidate state, […]
The state budget deficit forecast for 2025 has increased to the average value of expectations of 7.3% of GDP and economic growth expectations are at the average value of 1.3%, according to the estimates of analysts from the CFA Romania Association.Public debt calculated as a percentage of GDP is expected to increase to 57% in […]
New orders in the manufacturing industry increased by 2.7%, in nominal terms, overall (domestic and foreign markets), between January 1 and November 30, 2024, compared to the same period in 2023, according to data published on Thursday by the National Institute of Statistics (INS).In the same period, the evolution of new orders in the manufacturing […]
