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.
President Nicușor Dan, in office for roughly three months, attended the Salzburg Industrialists' Summit, the most important reunion of the Austrian business community, urging them to invest in Romania. Specifically, the president emphasized the strategic opportunities in the defense, energy, infrastructure, and logistics sectors. “Romania is significantly expanding its defense industry. Our sector offers real […]
A scandal broke out on Friday, July 25, after it was made public that deputy prime minister Dragoș Anastasiu was a witness in an older corruption case involving one of his companies. The company, Eurolines, paid bribes for eight years to a financial inspector from Romania’s tax agency ANAF. Records from the Anti-Corruption Directorate show that between […]
A scandal broke out on Friday, July 25, after it was made public that deputy prime minister Dragoș Anastasiu was a witness in an older corruption case involving one of his companies. The company, Eurolines, paid bribes for eight years to a financial inspector from Romania’s tax agency ANAF. Records from the Anti-Corruption Directorate show that between […]
The Drapers' Bastion in Brașov, built between the years 1450–1455, will be restored with European funds. The urban landmark will become an interactive museum integrated into the tourist circuit. The rehabilitation of the Drapers' Tower will support not only tourism but also the construction sector, contributing to the economic and cultural revitalization of Brașov, according […]
The National Meteorological Administration (ANM) has issued a code-red warning for persistent and intense heat from July 26, 10:00 AM to July 27, 10:00 AM for the regions of Banat, Oltenia, most of Muntenia, and southern continental Dobrogea. Day temperatures are expected to reach between 39 and 43 degrees Celsius, while the temperature-humidity index is […]
The fifth edition of Jazz Bastion will bring three concerts to the Weavers' Bastion in Brașov, featuring musicians from Romania, Ireland, and Switzerland. This year's edition "highlights the cultural diversity of music, which always brings together artists and audiences alike, regardless of language, nationality or affinities," the organizers explained. The public can attend performances by […]
