The volume of trade between Romania and Sweden stood at EUR 1.49 billion in 2023, up 1.3 percent compared to the previous year, the Bucharest Chamber of Commerce and Industry (CCIB) said in a release.Of this amount, deliveries of Romanian goods accounted for EUR 750 million, by 2.4 percent less y-o-y, and incoming Swedish products for EUR 740 million, up 5.4 percent from the year before.There were 1,837 companies running on Swedish capital registered in Romania as of the end of 2023, with a total invested capital of EUR 400 million, placing Sweden 18th among the countries investing in Romania.CCIB president Iuliu Stocklosa met at the CCIB Palace with Peter Johansson - Nassjo Municipality Business Developer, with Iely Chabrouni - founder of ML Intelligent Technology AB, and representatives of the business community of Sweden's Nassjo Municipality.Peter Johansson said that the meeting was the result of the recommendation of the Romanian diaspora in Sweden, which is significantly strong both in Nassjo and in the entire area, and of the desire to promote and develop economic and commercial relations between the two countries, but especially between Bucharest and Jönköping County.According to the cited source, the guests related about the events organized with the participation of the diaspora, including with representatives of various administrative structures and of the Romanian business environment, and expressed their belief that there are opportunities both for a trade boost and for attracting local entrepreneurs to invest in Romania."Although we focus primarily on the promotion of trade exchanges and the internationalization of business with non-EU countries, considering that the European Union is our common home, where our members can more easily find partners, we do not exclude or shy away from contacts with similar institutions and the EU business environment, having as a main goal increasing deliveries of Romanian goods and attracting investments, with a predilection for export-generating ones," said the CCIB president.
Wizz Air will add a route connecting Brașov, in central Romania, to Katowice, in Poland, beginning next year, the Brașov International Airport announced. The route will become operational on March 31, 2026, with flights operating every Tuesday, Thursday, and Saturday. In the upcoming winter season, the airline will operate seven routes to five countries from […]
IT Genetics, a company specializing in digitalizing services, aims to have its shares tradable at the Bucharest Stock Exchange by the end of this year, with the amount to be raised estimated at approximately EUR 2 million. The ITG group will be listed, not just IT Genetics, which is nevertheless the main pillar of the […]
Romania’s current transport minister, the Social Democrat Ciprian Șerban, offered bribes to representatives of a forest district in Iași County as a young businessman in 2012, according to recently surfaced documents and recordings. Șerban gave bribes at least six times before reporting the offense to the National Anticorruption Directorate. He did so only after being […]
David Popovici has won the gold medal in the 100-meter freestyle final at the World Championships in Singapore. It is his second win at the event, after the gold medal in the 200-meter freestyle race two days ago. The Romanian swimmer finished the race with a time of 46.51 seconds, ahead of Jack Alexy, who […]
PPF Real Estate, a global developer and investor with a real estate portfolio exceeding EUR 2 billion, announces the completion of infrastructure works for ARC, its new state-of-the-art office project in the Basarab area. The construction progresses on schedule. Reaching ground level marks, a key milestone in the development timeline. The project is moving forward […]
BRD Groupe Societe Generale, the fifth largest bank in Romania by assets, registered a net profit of RON 764 million (EUR 150 million), up 10% compared to the same period in 2024. The net loan portfolio, including leasing financing, increased by 17.4% during the mentioned period, marking a significant growth in corporate lending by 23.8% […]
