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.
The Romanian team participating in the 2025 Asian Physics Olympiad, held in Saudi Arabia, achieved the remarkable performance of winning seven medals, namely two gold, two silver, and three bronze medals, as well as an honorable mention. The competition, now in its 25th edition, was held in Dhahran, in the Kingdom of Saudi Arabia, with […]
Interim president Ilie Bolojan said on Monday, May 12, that he would vote for independent candidate Nicușor Dan in the second round of Romania’s presidential election. Dan, the current mayor of Bucharest, runs against George Simion, the leader of the far-right party AUR, in the election scheduled for May 18. In an interview with
Romania aims to strengthen its defense industry by manufacturing drones and purchasing military vehicles from Germany’s prime arms manufacturing company Rheinmetall, taking advantage of the EU’s EUR 800 billion defense budget. The Romanian Ministry of Economy announced that drones, explosives, and ammunition to NATO standards will be produced in the country. The drones will be […]
A new survey conducted between the two rounds of Romania’s presidential elections shows that trust in democratic institutions is at a historic low, despite continued civic participation. The “Unfinished Democracy” poll, carried out by AtlasIntel in partnership with the Eidos Foundation and Politică la Minut, reveals widespread dissatisfaction with how democracy functions in Romania. Only […]
Constanța’s historic Casino will reopen to the public between May 21 and 25 as part of the Constanța Days events. The building, which has undergone extensive restoration in recent years, will be accessible to visitors for the first time since the start of renovation works. Constanța City Hall announced a special program for the occasion, […]
Real estate investor-developer Hagag Development Europe said it is entering the hospitality market in Romania with its first hotel project in Bucharest, developed in partnership with Radisson Hotel Group. The future hotel, Radisson RED Bucharest Old Town, will be the first Radisson RED in the country. The project involves a EUR 13 million investment and […]
