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 agency plans to expand its team and reach a turnover of EUR 450,000 by year-end. June Communications (JUNE), a business-to-business PR and integrated communications agency, has appointed Bianca Caragea as its new Operations Manager. The step strengthens the agency’s management team as it enters a new stage of growth after seven years of sustained […]
The Babeș-Bolyai University of Cluj-Napoca (UBB) has established an endowment fund, which the institution described as a "strategic" financial mechanism aimed at supporting academic excellence and ensuring the long-term sustainability of university projects. The initiative is a first of its kind in the local academia, UBB said. The endowment fund involves attracting donations/financial resources and […]
Romanian authorities are reportedly considering imposing an access fee for the Transfăgărășan mountain road. The funds would be used for setting up decent parking areas, selecting merchants, and similar initiatives. The beautiful, winding road is one of the most visited tourist attractions in the country. Local authorities say the funds from an eventual toll would […]
Colombian reggaeton superstar J Balvin will perform in Dubai for the first time this November, headlining Untold, the globally recognized festival born in Romania. The event will take place from November 6 to 9 at Dubai Parks and Resorts, featuring more than 100 international acts across five stages. The festival is staged in partnership with […]
More than 17% of Romania’s population faced severe material and social deprivation last year, which was one of the highest shares in the EU, according to the statistical bureau of the European Union - Eurostat. In 2024, 6.4% of people in the European Union faced severe material and social deprivation, a slight decrease compared to […]
The Freedom and Respect for Every Earthling association will hold the March for Animal Rights in Bucharest on October 4, to mark International Animal Day. The march will start at 11 AM at the National Theater Park, and will go on to Piața Victoriei. Organizers say they aim to bring to the forefront the suffering […]
