Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. The German business environment in Romania : trust is...

The German business environment in Romania : trust is affected by the political crisis

October 12, 2021

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 text of this article has been partially taken from the publication:
ActMedia
Read in full - click here
[Ticker] Bulgaria and Romania run out of beds for Covid-patients

Bulgaria is in talks with the EU to transfer Covid patients to other member states due to a hospital-bed shortage, with hospitals and morgues in Romania also said to be at breaking point. There were currently more than 20 million people infected in eastern Europe, including Russia and Ukraine, according to a Reuters tally. "We […]

Macron’s man in Brussels takes control of the liberals

Stéphane Séjourné will helm the European Parliament's third-largest group, leaving MEPs wondering if he will be able to distance himself from the powerful French leader.  

 Royal Palace Historic Spaces - open on Monday, on 100th King Mihai I's birth anniversary

The National Museum of Art of Romania (MNAR) on Monday, October 25 will open for visit the Historical Spaces of the Royal Palace, between 10:00 and 18:00, on the 100th anniversary of the birth of King Mihai I.The public will be able to visit the Royal Dining Room, the Stairs of the Voivodes, the Throne […]

Three out of ten Romanians have a credit card

Three out of ten Romanians have credit cards, Finzoom concluded, based on a survey conducted online in Romania. In fact, due to the sample that apparently includes only part of those visiting Finzoom.ro website, the conclusion should be taken with a grain of salt since it is not relevant for the entire population of the country.   […]

Romania has largest companies and banks, but not insurers, in Southeast Europe

of the biggest banks - but when it comes to insurer country's supremacy in the region is not that robust.   There's no Romanian insurer among the biggest seven regional players (not counting bankrupt City Insurance) that come from the tiny markets of Slovenia and Croatia. Automobile Dacia leads for the 7th consecutive year in […]

Fitch reconfirms Romania's country rating

The rating agency Fitch reconfirmed Friday, October 22, 2021, the sovereign rating related to the government debt of Romania to the BBB- for the long-term debt in foreign currency and the negative outlook.   "The agency's decision represents a signal for Romania to continue at a sustained pace the fiscal-budgetary policies, the reform and investment […]