The present political evolutions in Romania led to the loss of trust of the German companies in the implementation of the necessary and urgent reforms, AHK Romania draws the attention in a press release.‘In the context of the present political events, AHK Romania wants to inform all factors of political decision-makers that the present political evolutions led to the loss of trust of German companies in the implementation of the necessary and urgent reforms. The capacity for reform and, as a result, the configuration of the framework conditions of the future economic policies in Romania depend on the factors of decision-making which should not concentrate on the apparition of the political crises, but on the continuous implementation of the reforms. Romania needs a government capable to act to meet the huge economic challenges from Green Deal to the digital transformation of the economy and to keep the competitiveness of the investment placement’ the press release says.The AHK Romania members mention the fact that, instead of new issues and uncertainties connected to the future, the companies in Romania need all the attention and political and administrative support.‘For example, the subsidies offered by the European Union must get to the economy, the administrations need to become more professional and more digitised and thus, the living standard of the population will increase significantly’ they say.AHK Romania is the official representative of the German economy and at the same time, the biggest bilateral Chamber of commerce in Romania. Set up in 2002, AHK has over 550 companies as members and offers the companies an important platform for networking, information exchange and experience. Through the services they offer and through the events they organize, AHK Romania supports actively the German companies when they get on the Romanian market, and it is, at the same time, partner of the Romanian companies interested on the German market.
The Defense Ministry said early Wednesday, November 19, that its Air Force detected a drone entering national airspace overnight, prompting the scramble of German and Romanian fighter jets amid ongoing Russian attacks near Romania’s border with Ukraine. Two German Eurofighter Typhoon jets stationed at the Mihail Kogălniceanu Air Base took off at 00:25 on November […]
The government will radically amend the legislation on foreign labour and repeal the current law, said Ciprian Văcaru, state secretary at the Ministry of Labour, Family, Youth and Social Solidarity (MMFTSS), as reported by Economedia.ro...
The Romanian government is preparing an emergency ordinance to ban salary-pension cumulation in the public sector, according to the document consulted by Economedia.ro. The draft ordinance includes other measures to reduce spending in public administration, such as suspending secondments and transfers. The...
Although the Romanian ruling coalition announced a principle agreement over cutting by 10% the payroll of the central administration, no formal agreement has been drafted yet, and the technical specifications are not yet clear. In any case, it seems broadly agreed that the ministries and other central administrative units will be given flexibility in deciding […]
Romania’s BlueSpace Technology is preparing for the first public presentation of its VLAH (Hydramatic Autonomous Combat Vehicle) prototype, scheduled for the first half of December, according to a press release cited by Bursa.ro. The 4x4 armoured vehicle is the first...
The construction materials distribution company Sipex (BVB: SPX), traded at the Bucharest Stock Exchange, announced it will begin next year the construction of a dry mortars and thermal insulation materials factory in Ariceștii Rahtivani, Prahova County. The project will involve EUR 20 million of investment. The company said it has “all approvals for the submission […]
