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 deep-tech startup .lumen, the developer of what it says are the world’s first AI-powered glasses for the blind, has secured a new investment from EIT Urban Mobility, the European innovation community focused on advancing sustainable and inclusive urban mobility solutions. The value of the new funding round was not disclosed. The investment aligns with […]
The health spending per capita in Romania was the lowest in the EU, with spending less than half the EU average in 2023, the recently released report, State of Health in the EU - Romania Country Health Profile 2025, shows. At the same time, life expectancy in Romania is 5.1 years below the EU average, […]
Romania’s annual inflation rate stood at roughly 9.8% in November 2025, similar to October, according to data published by the National Institute of Statistics (INS). Food prices increased by 7.6% last month, while services rose roughly 11% and non-food goods climbed 10.7%. The consumer price index rose by 0.42% in November compared with October, while […]
Three French soldiers deployed in Romania as part of NATO’s Multinational Battle Group at Cincu intervened to save a truck driver following a serious traffic accident on the A3 Bucharest–Ploiești motorway, the Romanian Ministry of Defense said. The incident occurred earlier this week as the soldiers were traveling toward Ploiești and witnessed the truck crash...
Eight contemporary art galleries will present the works of the artists they represent at the third edition of the Smallest Art Fair in Town, an event dedicated to works on paper. This edition showcases works “investigating the state of wandering, disorientation, and rediscovery in the face of uncertainty.” Under the title In Dark Woods, A […]
Parents everywhere are asking an important question: What skills will truly prepare a child for a world defined by rapid change, global uncertainty, and the rise of artificial intelligence? For decades, schools focused entirely on academics. Today, research from neuroscience, performance psychology, and leading universities shows a different reality: The students who thrive long-term are […]
