Conflict ricochets
Foto: vaeenma/ depositphotos.com 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. There is widespread frustration among Eastern European farmers over the compensation they receive from Brussels after cheap Ukrainian agricultural products flooded their home markets and prices collapsed. […]
Conductor Cristian Lupeș, Manager of the State Philharmonic in Sibiu: “People always need an outlet, a magical place where everyday worries disappear. Our mission is to provide this place through music”
This summer marks four years since you took over the leadership of the State Philharmonic in Sibiu. What are the most important achievements that you and the team you lead have had during this period? Indeed, August marks 4 years since I won the competition for the Sibiu Philharmonic manager job, and in this time, […]
The EU economy caught between the American hammer and the Chinese anvil
Foto: Wirestock/ depositphotos.com 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 […]
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”. […]
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 […]