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.
Romanians are worse off now compared to 6 months ago, and 2026 will also be difficult, but from 2027 and then on, there is hope, said president Nicusor Dan during an interview with Romania TV. The government targets a deficit of 8.4% of GDP this year, marginally below 8.65% of GDP in 2024. To tackle […]
Imran Vilcassim, Chief Commercial Officer, Digital Platforms at BPC, explores how Romania’s booming digital payments outpace merchant readiness and why mobile POS is emerging as the practical solution. Romania’s digital payments volumes are rising fast, but merchant infrastructure isn’t keeping up. Independent market models estimate total digital payments will reach nearly
The attributes needed to reach the top of the business hierarchy, how to motivate and support the teams one works with, and how to tackle the unavoidable challenges that arise along the way were among the topics discussed at the event Inspiring Women in Business, organized by La French Tech Bucharest. Making it to a […]
More than half of the elderly people in urban areas in Romania face loneliness, and almost 310,000 of them experience it at a high level, according to a study conducted by the Association Never Alone, Friends of the Elderly, in partnership with Kantar Romania. The study, carried out in August 2025 on a representative sample […]
Square 7, part of retail park investor M Core, officially inaugurated its new Bucharest office last week, marking an important milestone for the company. More than 150 guests joined the event, including partners, collaborators, and team members. M Core is a family of property investment and management companies comprising LCP, Sheet Anchor, Proudreed, and Sheet […]
Real estate developer Hagag Europe Development has expanded its Romanian operations into the energy sector with the acquisition of BTD Distribuție și Furnizare, a local company specializing in natural gas infrastructure, distribution, and supply. The company has opened a new local division - Hagag Energy - and announced plans to invest more than EUR 400 […]
