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.
Romanians are worse off now compared to 6 months ago, and 2026 will also be difficult, but from 2027 and then on, there is hope, said president Nicusor Dan during an interview with Romania TV. The government targets a deficit of 8.4% of GDP this year, marginally below 8.65% of GDP in 2024. To tackle […]
Imran Vilcassim, Chief Commercial Officer, Digital Platforms at BPC, explores how Romania’s booming digital payments outpace merchant readiness and why mobile POS is emerging as the practical solution. Romania’s digital payments volumes are rising fast, but merchant infrastructure isn’t keeping up. Independent market models estimate total digital payments will reach nearly
The attributes needed to reach the top of the business hierarchy, how to motivate and support the teams one works with, and how to tackle the unavoidable challenges that arise along the way were among the topics discussed at the event Inspiring Women in Business, organized by La French Tech Bucharest. Making it to a […]
More than half of the elderly people in urban areas in Romania face loneliness, and almost 310,000 of them experience it at a high level, according to a study conducted by the Association Never Alone, Friends of the Elderly, in partnership with Kantar Romania. The study, carried out in August 2025 on a representative sample […]
Square 7, part of retail park investor M Core, officially inaugurated its new Bucharest office last week, marking an important milestone for the company. More than 150 guests joined the event, including partners, collaborators, and team members. M Core is a family of property investment and management companies comprising LCP, Sheet Anchor, Proudreed, and Sheet […]
Real estate developer Hagag Europe Development has expanded its Romanian operations into the energy sector with the acquisition of BTD Distribuție și Furnizare, a local company specializing in natural gas infrastructure, distribution, and supply. The company has opened a new local division - Hagag Energy - and announced plans to invest more than EUR 400 […]
