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.
Representatives of the ruling Social Democratic Party, PSD, gathered for a congress in Bucharest on Friday, November 7, to elect new leadership and to amend the party’s Statute. The only candidate for party leader is Sorin Grindeanu, who held the interim position after Marcel Ciolacu's resignation in May. In his speech at the congress, Sorin […]
The e-commerce sector recorded strong early results on Black Friday 2025, according to real-time data released on Friday, November 7, by PayU GPO Romania from its dedicated Media Center. By 14:10, the payment processor reported successful transactions totaling RON 514 million (roughly EUR 101 million). PayU said shoppers had made roughly 889,000 purchases, with around […]
Contakt Express Logistik, one of Romania’s leading retailers of mobile phone and tablet accessories, with a network of over 235 stores, is set to launch the initial public offering (IPO) between November 12 and December 3, 2025. The company offers a wide range of products, including cases, screen protectors, chargers, and gadgets, both in physical […]
Romania attracts fewer international tourists today than it did during the communist era, making it the only country in Europe in this situation, the National Association of Travel Agencies (ANAT) warned, as reported by news agency Agerpres. According to the organization, Romania received more than 3.4...
InterCapital ETF, the first international ETF provider in Romania, will launch two new exchange-traded funds on the Bucharest Stock Exchange starting November 11, 2025. The new instruments are the InterCapital CROBEX10 TR UCITS ETF, which offers exposure to the Croatian blue-chip equity market by tracking the performance of the CROBEX10tr index, and the InterCapital EUR […]
The Competition Councils of Romania, Bulgaria, and the Republic of Moldova have granted the necessary authorizations and approvals for the completion of the transaction through which Maspex Romania takes over the majority shareholding of Purcari Wineries. The Maspex Group, which has been present in Romania for nearly 30 years, became the majority shareholder of one […]
