Analysis

18 May 2023

AHK Romania is a reliable partner for both the authorities and companies, in the attempt to transform the Jiu Valley, from a former coal region into a region where other less polluted industries can develop and bring prosperity. That was the message sent by the general manager of the German-Romanian Chamber of Commerce and Industry, Sebastian Metz, who opened the conference ”Structural changes and revitalisation in the post-mining era” that took place in Timișoara.

18 May 2023

Around the Easter holidays, while people were busy planning their vacations and family dinners, a highly controversial topic emerged on the public agenda: the budget deficit seems to be out of control and needs to be reined in quickly. In order to reach a semi-even keel, the state needs to cut costs by no less than about 4 billion euros. Figures released by the Ministry of Finance show that only two months into 2023, the budget deficit is already at 1.07% of GDP, running a very serious risk of missing the 4.4% target.

18 May 2023

Cars have evolved and will evolve still. I kept practicing the right to look through the keyhole and to foreshadow what is to come. But the tyre, that part of a car that unfairly gets a lack of attention and respect... where is it heading, how will it look like in the future?

18 May 2023

Russia’s invasion in Ukraine is having unforeseen consequences for the internal cohesion of the European Union, affecting one of its core common policies - trade.

18 May 2023

To the East of the West, a great distance to the West from the East, and squeezed in the middle of a war between the opposite ends of the economic spectrum. This is where the European economy stands in relation to those of the United States and China, both in fierce competition for global supremacy.

30 Jan 2023

Be it in the field of water, solar and wind energy or in relatively new sectors such as e-mobility or “solar cooling” – sustainable energy from renewable sources has been of enormous importance in Austria over the past years, even decades. Austrian companies have built up great know-how in these sectors and are often market leaders in their segment.

30 Jan 2023

The German companies in Romania say their economic situation is good or satisfactory, although most of them see the international circumstances worsening in the coming 12 months, according to a survey conducted in October by the German-Romanian Chamber of Industry and Commerce (AHK Romania).

30 Jan 2023

Would you invest in a business which is not sustainable? The question may at first sight seem absurd – surely in these days all businesses should be sustainable? Surprising as it may seem, the answer is “not necessarily” or at least “not necessarily in all respects”.

30 Jan 2023

We can say, without any hesitation, that the European Union is at the vanguard of the fight against pollution. The efforts to reduce emissions also obviously target the biggest urban polluter – the car. If the year 2035, when we can purchase only electric cars in Europe, is not synonymous with tomorrow, what will happen until that moment?

30 Jan 2023

For almost three years we have been living with our hearts in our mouths and our eyes on horizons that seem increasingly dark. The COVID-19 pandemic has thrown us into a sea of uncertainty and into an economic crisis. But the ongoing war in Ukraine is causing a significant economic disruption globally, fueling the inflation, which remains at very threatening levels. And the fear of war is still here.

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