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, […]
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 […]
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 […]