Romanian companies strictly comply with the restrictive measures imposed by the European Union on the member countries' trade with Iran, which has significantly reduced the range of products that can be subject to mutual exchanges, Chairman of the Bucharest Chamber of Commerce and Industry (CCIB) Iuliu Stocklosa said on Monday.In the first 11 months of 2023, the total value of trade between Romania and Iran was standing at USD 205.5 million, down 34.7% y-o-y, of which USD 146 million (-35.2%) worth of Romanian exports and USD 59.5 million (-33.6%) worth of imports from Iran.Iran ambassador to Romania Seyed Hossein Sadat Meidani paid a working visit to CCIB accompanied by Iran's commercial attaché Mohammad Hossein Ahmadzadegan.Romanian statistics reveal that after a record year 2021, there was an important cut in trade in 2022, a trend that was maintained in the first 11 months of 2023, according to the available data.Topping the Romanian exports is corn (93.4% of deliveries) and fresh sheep meat, with a share of 3.6%. The rest of the delivered products are quantitatively insignificant, each holding a share of less than 1%.The ambassador said that there is an untapped business potential at the SME level, with products that are not subject to restrictions and that could be identified through dialogue with the Tehran Chamber of Commerce, Industry and Mining under a co-operation agreement with CCIB of October 2, 2015, ensuring the full support of the Iranian Embassy for the resumption of contacts at the level of the chambers of commerce in the capitals of the two countries.
June is the richest month. The most awaited two weeks in my annual festival pilgrimage. The route starts with Romania’s Transilvania International Film Festival (TIFF), followed by Italy’s (and the world’s) most comprehensive festival for restored and archival film: Il Cinema Ritrovato. To shake up the traditional article on the two, I’ll start with the […]
Different Beauty, a recently opened exhibition of works by Czech photographer David Těšínský, offers a glimpse into everyday life in the war-torn region of Donbas in 2017. The photos were taken within the span of only a few days, as Těšínský traveled to eastern Ukraine to document the lives of women impacted by war. In […]
Different Beauty, a recently opened exhibition of works by Czech photographer David Těšínský, offers a glimpse into everyday life in the war-torn region of Donbas in 2017. The photos were taken within the span of only a few days, as Těšínský traveled to eastern Ukraine to document the lives of women impacted by war. In […]
Roughly 70% of Romanians are “very” or “moderately” concerned about how AI accesses and uses their data, according to the latest survey conducted by RoCoach in partnership with Novel Research between May and June 2025. Distrust in automated decision-making and the demand for regulation are becoming more pronounced, as Romania rolls out major digitalization projects […]
The Armenian Street Festival returns for a 9th edition between August 1 and 3, 2025, in the “Dimitrie Brândză” Botanical Garden in Bucharest. The festival brings into focus the living heritage of the Armenian community in Romania and the diaspora. According to the organizers, this year’s edition aims to strengthen the Bucharest–Chișinău–Yerevan cultural axis, articulated […]
The Romanian mergers and acquisitions market registered a total of 122 announced transactions in the first half of 2025, with a value exceeding EUR 2.7 billion, marking a slight increase of 6% in volume and 4% in value compared to the same period last year, according to an analysis by George Ureche, partner at PwC Romania. […]
