Be aware of the backstage in your company
Foto: KirillM/ depositphotos.com As you may have read already in previous articles, I like to compare our worldly existence to a game; even the company represents a sophisticated game, in which we must know certain rules in order to succeed. We are active on a stage which allows us to adopt different roles that some […]
A lot and cheap, a little but expensive
Foto: vantuz/ depositphotos.com This is not the first time – and it certainly won’t be the last – that the global economy has suffered a blow that threatens its recovery, the culprit being the cartel of major crude oil exporters. Earlier this month, OPEC+ members announced that they would cut global production by an additional […]
Swiss Investors Call for Private and Community Involvement in Romania’s Sports Industry
The growth and development of the sports industry in Romania should depend on private sector investment, with the support of local communities. Despite this, hundreds of sports clubs in Romania are still financed by the state, unlike other countries where the private sector sponsors sports. In fact, Romania currently has the largest spending per athlete […]
Austria’s agricultural and forestry infrastructure
Foto: ADVANTAGE AUSTRIA A company that produces 12,000 tractors a year, a global market leader in fruit preparation, animal feed that reduces the use of antibiotics in livestock breeding and a worldwide leader in the production of agricultural machinery with more than 140 years of experience: the Austrian agricultural and forestry industry is diverse. The […]
The Jiu Valley in the post-mining era, an area of interest for the German entrepreneurs
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, […]
Budget blues
Foto: alexeynovikov/ depositphotos.com 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 […]
AmCham Romania Point of View: A sustainable and credible fiscal-budgetary trajectory is not possible without structural reforms and without a firm commitment for long-term efficiency measures
The American Chamber of Commerce in Romania (AmCham Romania) expresses the concern of the business community it represents regarding the high risks of deviation of the budget deficit from the adjustment trajectory that Romania has committed to at the European level. AmCham Romania, along with other business associations, repeatedly advocated for a constructive dialogue and […]
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”. […]