On Thursday, Prime Minister Nicolae Ciuca welcomed a delegation of the AmCham American Chamber of Commerce in Romania, telling them that the government wants to increase Romania's credibility as a country of investment and a stable business environment.According to a government statement, the dialogue highlighted a number of challenges facing the business community, such as the demand for labour, declining birth rates, the need for cutting through red tape, and digital transformation, as well as a balanced fiscal policy. Healthcare and cyber-security regulations were also discussed."Stability, predictability and confidence are the principles that were and will always be the basis of dialogue between the government and the business community. The x-ray that the AmCham leaders did today coincides with government's assessment. We must facilitate a legal framework through which we can continue to cut through red tape, removing obstacles and time-consuming processes, with will and optimism on the part of investors. We want to increase Romania's credibility as a country of investment and a stable business environment. We are working hard to reduce the negative effects and to take advantage of the opportunities we have during this period, including business relocations in the region. Regarding the strategic partnership with the US, Romania relies a lot on the capacity of the US business community to generate new investments in Romania," Ciuca is quoted as saying in the press statement.AmCham leaders mentioned the readiness of the majority of its members to keep up or develop the level of investment in Romania.Also attending the meeting with the AmCham leaders on the part of the Romanian government were Finance Minister Adrian Caciu; Economy Minister Florin Marian Spataru; Minister of Research, Innovation and Digital Transformation Sebastian Burduja; Minister of Health Alexandru Rafila; chief officer for tourism and entrepreneurship Florin Dobrescu; governmental spokesman Dan Carbunaru; George Agafita, state adviser with the Chancellery of the Prime Minister.
Druid AI today announced it has secured USD 31 million in Series C financing to advance the global expansion of its enterprise-ready agentic AI platform under the leadership of its new CEO, Joseph Kim. The investment was led by Cipio Partners, with participation from TQ Ventures, Karma Ventures, Smedvig, and Hoxton Ventures. Kim has more […]
Drivers in Bucharest lose, on average, 12 working days annually due to congestion, according to Traffic Index 2025, an analysis carried out by the Institute for Visionary Cities. The index compares how much circulation slows down on working days compared to a free-flow regime, for the 41 county seat municipalities and Bucharest. According to the analysis, […]
Romania’s Senate and Chamber of Deputies held a moment of silence on Monday, September 15, for American conservative activist Charlie Kirk, who was shot dead at a university event on September 10. The marking of Kirk’s death came at the initiative of the far-right party Alliance for the Union of Romanians, or AUR. Both Kirk […]
A mountain shelter is scheduled to open this fall in the Făgăraș Mountains' Curmătura Bratilei area following a EUR 60,000 investment. The shelter, located at an altitude of 2,100 meters, is built by the private ophthalmopediatric hospital Infosan in partnership with the non-profit Carpați Mountain Association and the Brașov Emergency Situations Inspectorate (ISU Brașov). The […]
The official trailer for The Yellow Tie/Cravata Galbenă, a major international production about the life of renowned Romanian conductor Sergiu Celibidache, has been released, with the film set to hit cinemas nationwide on November 14. The cast includes John Malkovich and Miranda Richardson, both double Academy Award nominees, along with Ben Schnetzer, Kate Phillips, Sean […]
The presidential elections held in November 2024 in Romania were influenced by a large-scale hybrid war orchestrated by Russia before they were cancelled, according to general prosecutor Alex Florența. Romania’s presidential election was annulled last December after declassified reports alleged Russian involvement in cyber activities aimed at undermining the integrity...
