Romanian-Japanese investment in sectors of the future can be promoted by organising a workshop in Romania at the end of 2024 dedicated to state-owned companies in the two countries, according to Chairman of the Agency for the Monitoring and Evaluation of the Performance of Government-owned Enterprises (AMEPIP) Mihai Precup.At the same time, investment between the two countries could also be promoted by developing public-private partnerships with Japanese companies, in order to create new directions of economic and social development for Romania.Precup has recently met in Tokyo senior Japanese officials at the second edition of the Romania-Japan Innovation Forum, June 26-28."Yesterday, in Tokyo, I had the pleasure of meeting a working group of the Global Business Investment Support Office (GBIS), within the cabinet of the secretariat of the government of Japan, led by Koyu Izumi, advisor to the Japanese Prime Minister and head of GBIS," Precup is quoted as saying in a press statement.Regarding the development of public-private partnerships with Japanese companies in order to create new directions of economic and social development for Romania, Precup said that they "could facilitate technology and know-how transfers, innovation and research, boosting economic growth and job creation. (...) Also, amid the current security context, we promoted the message that Romania is ready and can become a regional hub for the reconstruction of Ukraine after the war. The initiative could involve an active collaboration between Romanian and Japanese companies to bring expertise and resources in the reconstruction process, which significantly benefit both countries and contribute to the stabilisation and reconstruction of the region affected by conflicts.
New record: sales of RON 1.14 billion in the first 9 months, higher by 6.4% compared to the same period in 2023 Normalized net profit increase of 66.3% compared to 9 months 2023, to RON 71.4 million, almost 90% of the normalized profit of the entire previous year EBITDA margin reached 11.3% in the first […]
Romania's interior minister, Cătălin Predoiu, expressed cautious optimism about the country's prospects for full Schengen accession following a meeting scheduled for November 22 with Austrian interior minister Gerhard Karner. Speaking on local news channel Antena 3, Predoiu stated that "the pieces are quite well placed" for progress on accession with land borders,
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Bucharest Exchange-listed Premier Energy Group, active in the renewable electricity generation and energy supply activities in Romania and Moldova, announced its revenues rose by 25% y/y to EUR 816 million in January-September and by 61% y/y to EUR 303 million in Q3 alone, driven by both organic performance and strategic acquisitions. The net profit, however, shrunk […]
Romania's leading energy producer, Hidroelectrica (BVB: H2O), announced its output decreased by 22% y/y to 11.35TWh in January-September, citing both market conditions (a change in the regulations that resulted in volatile prices and volumes traded) and adverse hydrological conditions. The revenues contracted by 25% y/y to RON 7.2 billion (EUR 1.44 billion), roughly in line […]
