Are we exiting from the exit?
Foto: SergeyTikhomirov / depositphotos.com So, it happens. Under the specter of Russia’s war on Ukraine, Europe is starting to think the hitherto unthinkable and break away from oil and gas imports that were and still are financing the Russian war machine. In late March, US-President Joe Biden and European Commission President Ursula von der Leyen […]
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 […]
Ana Dumitrache, Country Head, CTP Romania: I strongly believe in the team strength, in the synergies that are created between colleagues. If we work well together and put passion into what we do, no target is unattainable
CTP is the largest developer and manager of modern industrial and logistics real estate in Romania and a leader at European level. How would you characterize the year 2021 in terms of business development at the local level? Ana Dumitrache, Country Head, CTP Romania: For us, the watchword in 2021 was ”expansion” in every way. […]
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 […]