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 […]
The tyre, where to?
Foto: Michelin Cars have evolved and will evolve still. I kept practicing the right to look through the keyhole and to foreshadow what is to come. But the tyre, that part of a car that unfairly gets a lack of attention and respect… where is it heading, how will it look like in the future? […]
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 […]