The hard part is still to come
Foto: rafapress / depositphotos.com Earlier this year, overjoyed officials in Bucharest had some long awaited piece of good news to deliver: the Council of the OECD finally decided to open accession talks with Romania. The 38 countries in the organization account for 18% of the world’s population, but for almost two thirds of the global […]
The story of an international success
Piet ter Schure, CEO of DMT In an international context dominated by Asian countries, the Romanian naval industry has succeeded in remaining a significant pillar in the economy, due to private investments in new technologies, qualified human resources, and increased production capacity. The high potential of this industry in Romania has been well noticed by […]
When troops move, finances shake
Foto: chaiyapruek / depositphotos.com Earlier this year, the economic daily Wall Street Journal (WSJ) reported that, although the globalization was supposed to prevent the war, Russia could now come to prove just the opposite. According to WSJ authors, the Russian leader Vladimir Putin allegedly bet that the Western allies would not be willing to pay […]
Defensive driving, a step towards normality
Foto: BecNorbert, Dragoș Savu Defensive driving courses have been part of the reality of other countries for more than 50 years. We, the Romanians, will discover them in an institutionalized form starting this year. Funny thing, I find a similarity between the current hysteria about vaccination and the defensive driving courses. Vaccination is not mandatory, […]
Bucharest Stock Exchange kicks off 2022 with a new all-time high: over 16,000 trades performed in a single day
The volatility in the international markets also spilled over to the Romanian capital market in January, and the investment activity intensified against the backdrop of the escalation of the international uncertainties. The factors that decisively influenced the capital markets in January included an update in the investment strategies after a record-breaking 2021, which resulted in […]
AUSTRIA’S MEDICAL TECHNOLOGY
Foto: ADVANTAGE AUSTRIA Medical technology from Austria encompasses everything from diagnostic devices and dental instruments to building and managing large hospitals. Medical technology and life sciences are among the most important economic sectors of the 21st century. Demographic developments, medical progress and the challenge of integrating constant innovation are boosting demand for new solutions in […]
What can we learn from the war in Ukraine?
Foto: michaeldb / depositphotos.com We have all been appalled by the violence of the war in Ukraine. Nobody believed that such a thing could happen in Europe. At the time of writing, the war is not over and the outcome is uncertain. This terrible game of war as it is now unfolding, also reveals so […]
Business as usual – or not…
Author: Neil McGregor, Vice-Chair for Corporate Governance & relations with the British Chambers of Commerce, immediate Past Chair, BRCC Bucharest – 4 March 2022. TheBizz is a business publication, so I do not intend to expound on matters of politics and warfare here, other than to observe that the events of the last few days […]
Ana Blandiana, Ion Pop, Spyros Kokkinakis, Antonis Fostieris. ”Hellenic-Romanian poetic tetralogy”
The International Greek Language Day was celebrated by a unique experiment – two Romanian poets and two Greek poets participated with a selection of 15 poems each, reproduced both in their mother tongue and translated into Greek or Romanian. If so far 15 anthologies of Greek lyric poetry were published in Romania (starting with the […]
Living in interesting times / Time to update the CV: a look back at three years in the Chair of the BRCC
Author: Neil McGregor, Immediate past Chair, Vice-Chair for Corporate Governance & Relations BRCC Writing in February 2022 it is at first difficult to recall the situation back in November 2018 when I took over the Chair the British Romanian Chamber of Commerce from Colin Lovering. There were female prime ministers in both the UK and […]