Crypto-risks
Foto: denisismagilov / depositphotos.com A Latin American country – the Republic of El Salvador – staked its economic salvage on a cryptocurrency (bitcoin), but President Nayib Bukele saw more than 55% of his bailout crumble this summer as the price of bitcoin plummeted. Country’s debt skyrocketed to 90% of GDP, as well as the fear […]
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 […]
The European Architecture Students Assembly (EASA) 2022 came to Romania for the first time
HRCC was a proud supporter of this initiative HRCC Board of Directors is enthusiast to announce that EASA 2022 European Architecture Students Assembly workshops took place in Romania for the very first time, after 41 years of successful international summer architectural festivals. In this context, students of architecture met and took part in construction workshops, […]
Digitalization trends shape the future of insurtech in Romania
Insurtech redefines the way people interact with insurance, changing the customer journey in all touchpoints, and while today the concept is still in an early stage in Romania, digital trends and demand are bringing it much closer to reality. Innovative technologies, craftsmanship and strategic commitments are just part of a company’s journey towards insurtech and […]
Volatility In Natural Gas Prices
The European Union Council states in its online portal that starting from the second half of 2021 there has been a sharp jump in energy prices in the EU and around the world. This situation was expected, to some extent, in the context of the post-COVID-19 economic recovery and the easing of travel restrictions, but […]
Conference on the future of ecotourism brings together stakeholders from Austria and Romania
Investories ADVANTAGE AUSTRIA Charlie OTTLEY și Gerd BOMMER On June 21, 2022, ADVANTAGE AUSTRIA Romania and the AUSTRIAN EMBASSY in Romania, in cooperation with AER – Romanian Association of Ecotourism, organized the conference “The Future of Ecotourism | Romania 2022” in Zăbala, Covasna County. The event is part of the global business outreach ReFocus Austria, […]