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”. […]
Johann Strauss Festival 20th edition 2023
TheBizz Magazine invites you to the 20th-Anniversary Edition of the Johann Strauss Festival which will be marked by an Extraordinary Concert performed by the George Enescu Philharmonic Orchestra under the baton of the great conductor Constantin Grigore, on Saturday, January 28th, starting at 18:30, on the stage of the Romanian Athenaeum. Tickets are available in the EVENTIM network: https://www.eventim.ro/ro/bilete/festivalul-johann-strauss-bucuresti-ateneul-roman-600843/event.html The festival will delight its […]
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 […]
ReFactory, a new inflection for ”sustainability”
A few months ago, I took a look at what ”sustainability” means for the BMW Group. Today, the people from Renault Group caught our attention with new business directions hosted under the same umbrella of ”sustainability”. A few months ago, I took a look at what ”sustainability” means for the BMW Group. Today, the people […]
The new arms race
Foto: eamesBot / depositphotos.com In the 1980s, everything was about the Cold War. TV footage was abundant in pictures with giant missiles and, after Ronald Reagan took the helm in the White House, animation of satellites shooting deadly laser rays. It was the relentless arms race that crushed the Soviets’ neck, leaving them with an […]
AHK Romania turned 20 and awarded the economic performance
20 years after its foundation, the Romanian-German Chamber of Commerce and Industry (AHK Romania) has rewarded the most successful representatives of the Romanian- German business environment, during its Anniversary Gala event, at the Palace of the Parliament. The awards went to the companies: DAR Dräxlmaier Automotive, for the category „Business Excellence”, Bosch Group România, for […]