Energy Globe Award 2022 Romania
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 […]
AHK Autumn Business Outlook for Romania: The situation of the companies is stable, but with negative perspectives
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). The poll assesses both the business environment and the situation of […]
Claiming to be sustainable is no longer enough …
Foto: minervastock / depositphotos.com Bucharest – 12 December 2022. 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”. […]
Euro 7 or the great vent
The European Commission has recently introduced its proposals for the upcoming Euro 7 emission standards. And at first glance, they have the chance to cause the “great vent” not by reducing the car emissions, but by “purging” the cars in the street. The car manufacturers have been waiting for the new Euro 7 emission standards […]
What’s lurking on the horizon?
Foto: Elnur_ / depositphotos.com 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 […]
Logistics and semi-industrial real estate player VGP ends 2022 with record performance
Dana Bordei, Commercial Country Manager VGP Romania Can a business thrive even in years marked by challenges and instability? The answer is yes! VGP, owner, manager and developer of high-quality logistics and semi-industrial real estate, continued its upward trajectory in 2022, year that it ends with a performance beyond expectations. Part of the success can […]
Living up to the Zeitgeist
Foto: sellingpix / depositphotos.com Most people, let’s face it, don’t really like change. They want to keep doing things how they used to. But apply the right amount of pressure, and they will be forced to try different ways. This is why crises always act as very effective agents of change. Take Romania. For years, […]
Priorities for 2023: A prudent and sustainable budget planning, the only option for a balanced macroeconomic situation
OP-ed Cristian Sporiș Vice-President, AmCham Romania In the context of the 2023 state budget planning, AmCham Romania reiterates, as every year, the importance of fundamental principles that must guide this process. The current macroeconomic perspective is marked by a series of overlapping crises that require efficient and prudent budget planning. The economic growth in 2022 […]
The Romanian capital market has fully recovered from the decline caused by the war in Ukraine as the BET-TR index increases by almost 1% in the first 6 months
The volatility that engulfed the international capital markets at the beginning of the year continued to make its presence felt throughout the first semester, at the end of which most stock indices were in negative territory. The anxiety of international investors was accentuated in February and reached new heights following the outbreak of the armed […]
Austria – Top destination for investments
Vienna and other Austrian cities – Your gateway to other European markets Austria is the No. 2 foreign investor in Romania According to the National Bank of Romania, the investments by Austrian companies amount to 10.15 billion €, or 11.2% of all foreign direct investments in Romania. Austrian investors create over 100,000 direct jobs in […]