Walter Friedl, Managing Partner LacertA Winery: ”We want to become stronger on the Romanian market and hope to convince more and more Romanians of our wines”
You first arrived in Romania in the summer of 1989, as a commercial attaché of the Austrian Government for three years. How far has Romania evolved in capitalism and what were the reasons that led you to return and settle here permanently? In July 1989, I came straight from a rich South American country to […]
The Romanian capital market goes up by 55% during the two years of pandemic and over 80,000 Romanians are now invested in the stock market
The Romanian capital market has been characterized by resilience to uncertainties and has brought significant potential benefits to investors who have chosen to place their savings in the financial instruments listed on the Bucharest Stock Exchange. From the end of February 2020, when the first case of coronavirus was registered in Romania, and until the […]
Flipping the Green Switch on the EU Green Deal
Răzvan Copoiu, General Manager of Signify Romania The European Green Deal, the world’s most comprehensive climate action initiative, has been called “Europe’s man on the moon moment”. The program’s goals could not be more ambitious: to achieve a carbon-neutral continent by 2050, reconciling the economy and the way we consume resources with the planet, and […]
Austrian-Romanian economic relations on an all-time high!
Foto: ADVANTAGE AUSTRIA The economic relations between Romania and Austria represent an impressive success story, which was only briefly interrupted during the pandemic in 2020. In 2021, the bilateral trade volume of EUR 5.1 billion exceeded the five-billion-Euro-mark for the first time, 27.2 % above the previous record set in 2019. In 2021, exports rose […]
Putin’s war inflates the cost of bread
Foto: lightsource/ depositphotos.com Even in the absence of the war in Ukraine, the year 2022 started gloomily, with a galloping inflation that many analysts warned would not be fleeting. But Putin’s war brings a black-letter confirmation: the prices will go up even more, at the same time, for bread, food in general, and energy. The […]
I lost my job, what to do?
Foto: SergeyNivens/ depositphotos.com Indeed, we live in turbulent times. Endless Corona, war and a possible recession are on the agenda. Not surprisingly, businesses are struggling with VUCA – volatility, uncertainty, complexity, and ambiguity. In such a period I hear a lot about restructuring, downsizing and shifting responsibilities to more central decision-making units. Jobs may become […]
Time to be careful in accepting investments…
Neil McGregor Vice-Chair for Corporate Governance & relations with the British Chambers of Commerce, immediate Past Chair, BRCC Bucharest – 3 April 2022. Globalisation and freedom of international trade and investment are surely something good? Whilst this might have been unquestioned some years ago, the events of the last month and a half have accelerated […]
Greece’s National Day, March 25, celebrated with a symphonic concert at the Palace of Parliament
The celebration of March 25 is a double celebration for the Greeks and Greece’s fans everywhere – the day of the Annunciation and the commemoration of the heroes who sacrificed their lives for the freedom and independence of Greece. With the call “FREEDOM OR DEATH”, on March 25, 1821, the flame of the Greek revolution, […]
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 […]