Automotive Industry in Austria
What do the Mercedes-Benz G-Class, the BMW 530e Plug-In Hybrid and the fully electric Jaguar I-Pace have in common? They all come from Austria! For all necessary parts of a car and even entire vehicles such as the off-road car with the star are produced in the alpine country. With 109,500 passenger vehicles produced in […]
The darkness at the end of the tunnel
Foto: janefromyork / depositphotos.com The world is slowly recovering from the economic crisis triggered by the COVID-19 pandemic. But after a spectacular start, growth is marred by inflation and supply chain bottlenecks. Looking at today’s figures, it’s hard to believe that only some six years ago, the European Central Bank was concerned with dangerously low […]
Bucharest Stock Exchange reveals a new brand identity
The Bucharest Stock Exchange (BVB) has revealed its new identity that aims to reposition the brand as a suitable choice for the investments of each Romanian and a catalyst for the development of companies in Romania. In a modern and current style and visual language, BVB aims to attract new companies, partners, and investors and, […]
“Fit for 55”: rather unprepared!
Foto: robertsrob / depositphotos.com “Fit for 55” is the ambitious title under which the European Union announces the continent’s “greening” during the next three decades. And “greening” means the liquidation of energy production units that use hydrocarbons as raw materials and therefore release huge amounts of carbon dioxide (CO2) into the atmosphere. Zero net emissions […]
Strength in numbers – including temperature figures
There is a saying in English “there is nothing new under the Sun”. There is also the Romanian saying “nu e nimic nou sub soare” but judging by what my friends tell me, these two phrases have similar meanings but different emphasis. Whilst the Romanian phrase may convey the message “I already know that” the […]
Visit to Bucharest of the Minister of Foreign Affairs of Greece, Nikos Dendias, an event that confirms the excellent diplomatic relations between Romania and Greece
The Minister of Foreign Affairs, Nikos Dendias, visited Bucharest at the beginning of September 2021, accompanied by the Ministry Secretary of State, Costas Fragoyiannis. During the visit, the Greek official was received by the President of Romania, Klaus Iohannis, and had an official meeting with the Minister of Foreign Affairs, Bogdan Aurescu. The two ministers […]
Expansion of VGP’s Romanian footprint with 90,000 m2 new space under construction
VGP, the pan-European provider of high-quality logistics and semi-industrial real estate, is accelerating the expansion of its Romanian footprint by having launched the construction of three new buildings of about 30.000 m2 each in VGP Parks Arad, Brasov & Bucharest North. At European level, the Belgian developer just released the 2021/H1 results ending the semester […]
Moving in different paces
Foto: oneinchpunch / depositphotos.com When a person is freshly joining a new company, he is not yet conditioned so much by the new collective he is working in. This is not in itself a problem, at the contrary; new people have a fresh look on the company and can therefore be very useful to consult, […]
Total trading value breaks RON 10-billion ceiling as the Romanian capital market goes up 25%
The investors intensified their trading activity on the Bucharest Stock Exchange (BVB) pushing the cumulative value of transactions for all types of financial instruments to RON 10.4 billion, the equivalent of EUR 2.1 billion. This level corresponds to a growth rate of 56.6% compared to January-July last year. The average daily liquidity for all types […]
NRCC Behind the Scenes
Maurits Dohmen (NRCC Executive Director), Ana Popa (NRCC Operations), Costinel Radu (NRCC Task Forces/CDR) The Netherlands Romanian Chamber of Commerce represents the business interests of its members and Dutch companies in Romania. With so much going on in the forefront, it is sometimes easy to forget what goes on behind the scenes. So, let’s have […]