The trade between Romania and the US reached, last year, 5.5 billion euros, up by 10% against the previous year, but they are still far from the potential, stated Romania’s ambassador to the United States of America, Dan-Andrei Muraru to the Agerpres correspondent.‘Last year there was 5.5 billion euro, imports and exports. Annually, there is a natural growth, of about 10%. Obviously, there is growth every year, but it is far from the potential. I’ll give you some figures: Poland –US 23-25 billion euro, Hungary, a country half of Romania as population and surely with a smaller GDP – 10 billion euros with the US, Czechia – US 12 billion. So, we see the significant differences and we think that, beyond the fact that we have a historical delay due to the conditions Romania had to face, long transition, we think that we lack initiative, which could bring benefits in the domain of start-ups, in the domain of high technology, in the domain of infrastructure, in the domain of automotive industry. We think there is much potential’, Muraru said.In this context, the Romanian diplomat said that, last year, Romania had the most numerous delegation of companies from Europe and the third largest in the world for Select USA – the biggest trade fair in America.He considers that the lack of robust commercial exchanges is the big suffering of the strategic partnership between Romania and the US.‘We need initiative at the highest level, as we realized that, on the one hand, the American investors know very little about Romania and it doesn’t work if you keep waiting. We need to constitute a task force or several, to come and connect with these companies and try to bring them to Romania’ explained Andrei Muraru.
In a decision adopted in its Thursday meeting, the Romanian government approved May 4, 2025, as the new date for the first round of the presidential elections. The second round should thus be held on May 18, as agreed by the ruling coalition leaders last week. "Two government decisions and an emergency ordinance have been […]
Most of the excavation for the first tunnel built on a highway in Romania has been completed, and traffic could potentially be opened by the end of this year between Tigveni and Bucharest, a section of the Sibiu-Pitești highway. Romanian state officials noted construction work at Section 4 (Tigveni - Curtea de Argeș) of the […]
The European Bank for Reconstruction and Development, or EBRD, invested EUR 707 million in 44 projects in Romania in 2024 to support the country’s green transition, a sharp increase compared to the previous year, when it invested EUR 658 million spread over 23 projects. EBRD cooperates with private corporations, equity funds, banks, as well as local […]
The Metropolitan Library of Bucharest, through its Dimitrie Cantemir Branch, announced a cultural premiere for Romania: the opening of the first corner dedicated to Nepali literature. The official opening is scheduled for February 1. "This is an important moment that reminds us that libraries are spaces for learning and for understanding cultural exchanges. Through this […]
Simtel Team, a Romanian engineering and technology group listed on the Main Market of the Bucharest Stock Exchange under the ticker SMTL, announced the opening of a new subsidiary in Essen, Germany. The company, one of the leaders in renewable energy in Romania, has been expanding internationally in recent years. The process began with the […]
A Greenpeace activist flew a powered paraglider near the Transocean Barents platform in Constanța on Wednesday, January 15, displaying a banner reading 'Stop Fossil Gas' in protest of OMV Petrom's Neptun Deep gas drilling project in the Black Sea. The platform, set to become Europe's largest fossil gas extraction site, is undergoing final preparations before […]
