AI versus vocational education
Foto: FotoArtist/ depositphotos.com Although relatively new to the consumer market, artificial intelligence is already disrupting society. Large language models (LLMs) are evolving at a speed that worries even those controlling them. But while doomsday scenarios are still to come true, LLMs are already having a palpable influence on the occupational world. Recently, the Washington Post […]
Swiss Investors Call for Private and Community Involvement in Romania’s Sports Industry
The growth and development of the sports industry in Romania should depend on private sector investment, with the support of local communities. Despite this, hundreds of sports clubs in Romania are still financed by the state, unlike other countries where the private sector sponsors sports. In fact, Romania currently has the largest spending per athlete […]
Austria’s agricultural and forestry infrastructure
Foto: ADVANTAGE AUSTRIA A company that produces 12,000 tractors a year, a global market leader in fruit preparation, animal feed that reduces the use of antibiotics in livestock breeding and a worldwide leader in the production of agricultural machinery with more than 140 years of experience: the Austrian agricultural and forestry industry is diverse. The […]
The Jiu Valley in the post-mining era, an area of interest for the German entrepreneurs
AHK Romania is a reliable partner for both the authorities and companies, in the attempt to transform the Jiu Valley, from a former coal region into a region where other less polluted industries can develop and bring prosperity. That was the message sent by the general manager of the German-Romanian Chamber of Commerce and Industry, […]
Budget blues
Foto: alexeynovikov/ depositphotos.com Around the Easter holidays, while people were busy planning their vacations and family dinners, a highly controversial topic emerged on the public agenda: the budget deficit seems to be out of control and needs to be reined in quickly. In order to reach a semi-even keel, the state needs to cut costs […]
The tyre, where to?
Foto: Michelin Cars have evolved and will evolve still. I kept practicing the right to look through the keyhole and to foreshadow what is to come. But the tyre, that part of a car that unfairly gets a lack of attention and respect… where is it heading, how will it look like in the future? […]
Conflict ricochets
Foto: vaeenma/ depositphotos.com Russia’s invasion in Ukraine is having unforeseen consequences for the internal cohesion of the European Union, affecting one of its core common policies – trade. There is widespread frustration among Eastern European farmers over the compensation they receive from Brussels after cheap Ukrainian agricultural products flooded their home markets and prices collapsed. […]
The EU economy caught between the American hammer and the Chinese anvil
Foto: Wirestock/ depositphotos.com To the East of the West, a great distance to the West from the East, and squeezed in the middle of a war between the opposite ends of the economic spectrum. This is where the European economy stands in relation to those of the United States and China, both in fierce competition […]
Energy Globe Award 2022 Romania
Be it in the field of water, solar and wind energy or in relatively new sectors such as e-mobility or “solar cooling” – sustainable energy from renewable sources has been of enormous importance in Austria over the past years, even decades. Austrian companies have built up great know-how in these sectors and are often market […]
AHK Autumn Business Outlook for Romania: The situation of the companies is stable, but with negative perspectives
The German companies in Romania say their economic situation is good or satisfactory, although most of them see the international circumstances worsening in the coming 12 months, according to a survey conducted in October by the German-Romanian Chamber of Industry and Commerce (AHK Romania). The poll assesses both the business environment and the situation of […]