Articulating a strategy for Made in Romania production aligned with the Made in Europe agenda and public investments to help less competitive regions improve their performance and recover the gap, are among the recommendations of a study presented on Wednesday at an event organized by the European Institute in Romania (IER)."What is important is that this activity is closely correlated with the industrial policy of the European Union and with the sectoral strategies: solar, wind, hydrogen. So it should not go against Europe's energy and environmental policy, but in tandem with it," said Daniela Staicu, associate professor at the Academy of Economic Studies, Faculty of Business Administration with teaching in foreign languages, coordinator of SPOS 2023 homonymous study.The European Institute in Romania organized on Wednesday an event that is part of the Dialoguri@IER series, with the theme "Consolidation of a resilient European economy on the horizon of 2040. Romania's integration into European value chains".The study was presented by Daniela Staicu and Eugenia Gusilov, founding director of Romania Energy Center - ROEC, co-author of the homonymous SPOS 2023 study.Daniela Staicu mentioned that Romania's economy is 12th at the European level, with a GDP of 286 billion euros in 2022. Compared to the size of the European Union's economy, it represents 1.8% of the Union's GDP.She declared that the main cities that constituted the engines of economic growth of 4.8% from 2022 were Bucharest, Constanta and Brasov.
“Garden of Memories,” a civic initiative meant to commemorate the 1989 Revolution that led to the fall of communism in Romania, is set to take place between December 19-20 around the Memorial of Rebirth, in Bucharest’s Revolution Square. Organized by the Streets for People Association, together with the Bucharest City Hall and the Museum of […]
Runware, a startup founded by two Romanian entrepreneurs, announced last week that it has secured a USD 50 million Series A funding round led by Dawn Capital, one of the largest European investors in B2B software companies. The round also included Comcast Ventures, Speedinvest, Insight Partners, and a16z Speedrun. The company founded by Flaviu Rădulescu and […]
The body of Romanian former justice minister Rodica Stănoiu was exhumed on Monday, December 15, after prosecutors opened an in rem case regarding her suspicious death, Digi24 reported. Investigators are looking into the possibility that the former minister may have been killed through negligence. ...
Authorities in Romania have begun imposing fines for owners of bicycles and electric scooters who do not take out mandatory motor third-party liability insurance (RCA). The new rules have been applicable since November 13, but the Romanian Parliament granted a 30-day grace period until the application of sanctions, according to...
Art Safari will relocate to Amzei Square in central Bucharest in 2026, where it will operate under a new format titled Art Safari New Museum, following more than a decade of pop-up exhibitions hosted in historic buildings across the capital. After 12 years, 17 editions, and more than 1 million visitors, the exhibition platform will […]
In Romania, Christmas is more than holiday markets, decorated trees, and wrapped gifts. It's a season filled with old customs, lively rituals, and dishes that bring families together. One of the most popular Christmas traditions is caroling. Although traditions vary depending on the area, the ritual of going from house to house and singing carols […]
