Romania can become an investment hub for U.S. companies, as it has all the necessary capabilities to support large-scale projects, plus the benefit of a favorable geographical position and also of skilled human capital, considers Economy Minister Radu Oprea.The official met on Friday with the delegation of the U.S. Department of Commerce led by Cynthia Aragon, Executive Director for the Advocacy Center, to discuss the strengthening of bilateral cooperation and of the Romania - U.S. strategic partnership through joint government projects, as well as through partnerships between the two countries' business sectors.The representatives of the U.S. Department of Commerce are accompanied by a retinue of representatives of 15 American companies with activities in fields such as energy, defense, aeronautics, industry, finance/banks, cyber security and pharmacy, and they are set to hold discussions both at government level, as well as with Romanian companies."In 2023, Romania's exports to the U.S. amounted to 2.33 billion dollars, imports stood at 1.49 billion dollars, so that the trade balance with the U.S. was positive at 0.83 billion dollars, and the total volume of trade was 3.81 billion dollars," Minister of Economy, Entrepreneurship and Tourism Radu Oprea wrote on Facebook on Friday.
This article series tells the stories of the 15 finalists selected in the BVB Arena program. BVB Arena is the flagship program of the Bucharest Stock Exchange, dedicated to developing and promoting the Romanian entrepreneurial environment. The program’s goal is to select and promote Romanian companies that have the greatest growth potential and high chances […]
Salt Bank, the first 100% digital Romanian bank built entirely from scratch, has been named by Celent as the 2025 Model Bank for Digital Bank Launch. Celent is one of the world’s most prestigious research and advisory firms focused on technology for financial institutions. By receiving the title of "2025 Model Bank for Digital Bank […]
The 8th edition of the national educational program “Healthy Lifestyle, Diverse Nutrition and an Eco-Responsible Attitude” under the motto “Good for Taste, Good for Health, Good for the Planet!” has concluded. The program was organized by the Taste Celebration Association and funded by the Auchan Foundation with 100,000 euros. The program aims to convey to […]
Romania's budget deficit, meaning the gap between revenues and expenditures, reached 3.39% of GDP after the first five months of the year, while the new government grapples with balancing initiatives. The deficit increased compared to the first four months, when it stood at 2.95% of GDP, and remained roughly stable compared to the first five […]
eLog, a Balkan-based provider of reusable transport packaging systems for the retail sector, has entered the Romanian market by leasing 4,000 sqm of warehouse and office space at CTPark Bucharest North. The facility, developed by CTP, will serve as eLog’s first operational hub in Romania, supporting its expansion into local retail logistics. Specializing in Retail […]
More than three-quarters of Romanians (76%) see Artificial Intelligence as an opportunity for the economy and society, although half of them also acknowledge its risks, according to a new RoCoach and Novel Research study. Overall, over one-third of respondents (35.7%) believe that AI will primarily lead to job losses, even if new types of roles […]
