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, […]
Mixed blessings
Foto: vladem / depositphotos.com 15 years ago, on January 1st 2007, Romania became a member of the European Union – a nice, round anniversary, prompting all sorts of festive messages. President Klaus Iohannis said that the accession to the EU anchored Romania in the European area of democracy and values and that the European path […]
2022… a better year?
A thrifty man makes a chariot in winter and a sledge in summer … or should we look around a bit, before making plans for the future, in order to avoid any surprise? Romania, Europe, Earth … in this order, I would like to do this little exercise to anticipate what the year 2022 will […]
Bucharest Stock Exchange sets new all-time highs in 2021
The Bucharest Stock Exchange (BVB), a fundamental institution of the Romanian capital market, has successfully fulfilled its fundamental role of financing the economy in a volatile domestic and international context influenced by the evolution of the coronavirus pandemic. The Romanian capital market recorded in 2021 the best year in history and set a series of […]
About how expensive 2022 will be
Foto: eamesBot / depositphotos.com Alot of money was pumped last year by the governments to finance the economic recovery; acute blockages in the supply chains; a growing demand for products and raw materials. What can all this mean, other than straw thrown on the already burning fire of rising prices? Economists around the world are […]
What failure teaches us
Foto: gunnar3000/ depositphotos.com We are most often educated to have no weaknesses, simply to be the best. Many of us had parents who pushed and even threatened us with punishment if we were not performing well in school. No wonder that our CVs for job applications must always look perfect, no weaknesses, no ups and […]
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 […]