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.
The restructuring plan laid out by Liberty Galați was validated by the Galați Court on Friday, August 1, after having been approved by 52% of the ailing plant’s creditors last month. The plan, approved by creditors and confirmed by the Galați Court, sets out firm measures to restructure both the company’s operational activity and the […]
Animest, Romania’s leading animation film festival, returns to Bucharest this autumn with a special 20th anniversary edition. Running from October 3 to 12, the festival invites audiences to explore the theme of "the journey” - a metaphor for both its two-decade history and the personal, emotional paths traced through animated storytelling, the organizers said. Last […]
An article delving into the benefits of hydrotherapy, published by the famous US newspaper The New York Times, features a recommendation for six wellness centers, including Romania’s Therme center. According to the article, “studies show that immersion in water, hot or cold, can calm the nervous system, reduce joint pain and inflammation, stimulate circulation, lower […]
Plastic surgeon Tiberiu Paul Neagu, head of the Burns Center at Floreasca Hospital, one of the major hospitals in Bucharest, was dismissed on Monday, August 4, after a patient was transferred to Belgium following multiple multi-resistant hospital-acquired infections. The scandal broke out when a patient with burns over 70% of her body, who had been […]
The Buzău Land/Ținutul Buzăului UNESCO Global Geopark has received high praise from evaluators following a three-day official visit aimed at assessing its progress and determining whether the site will retain its UNESCO geopark status. The visit, conducted in June by Goran Radonic (Croatia) and Iván Cortijo Sánchez (Spain), concluded with positive feedback for the geopark […]
One United Properties (BVB: ONE), a publicly listed developer that has so far been focused on Bucharest, announced the signing of a promissory sale and purchase agreement for land located in a prime central area of Sibiu. The site, located on the former FLARO industrial platform, offers significant potential for urban regeneration, according to company […]
