Living up to the Zeitgeist
Foto: sellingpix / depositphotos.com Most people, let’s face it, don’t really like change. They want to keep doing things how they used to. But apply the right amount of pressure, and they will be forced to try different ways. This is why crises always act as very effective agents of change. Take Romania. For years, […]
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 […]
Claiming to be sustainable is no longer enough …
Foto: minervastock / depositphotos.com Bucharest – 12 December 2022. Would you invest in a business which is not sustainable? The question may at first sight seem absurd – surely in these days all businesses should be sustainable? Surprising as it may seem, the answer is “not necessarily” or at least “not necessarily in all respects”. […]
Euro 7 or the great vent
The European Commission has recently introduced its proposals for the upcoming Euro 7 emission standards. And at first glance, they have the chance to cause the “great vent” not by reducing the car emissions, but by “purging” the cars in the street. The car manufacturers have been waiting for the new Euro 7 emission standards […]
The Romanian capital market has fully recovered from the decline caused by the war in Ukraine as the BET-TR index increases by almost 1% in the first 6 months
The volatility that engulfed the international capital markets at the beginning of the year continued to make its presence felt throughout the first semester, at the end of which most stock indices were in negative territory. The anxiety of international investors was accentuated in February and reached new heights following the outbreak of the armed […]
Austria – Top destination for investments
Vienna and other Austrian cities – Your gateway to other European markets Austria is the No. 2 foreign investor in Romania According to the National Bank of Romania, the investments by Austrian companies amount to 10.15 billion €, or 11.2% of all foreign direct investments in Romania. Austrian investors create over 100,000 direct jobs in […]
ReFactory, a new inflection for ”sustainability”
A few months ago, I took a look at what ”sustainability” means for the BMW Group. Today, the people from Renault Group caught our attention with new business directions hosted under the same umbrella of ”sustainability”. A few months ago, I took a look at what ”sustainability” means for the BMW Group. Today, the people […]
The new arms race
Foto: eamesBot / depositphotos.com In the 1980s, everything was about the Cold War. TV footage was abundant in pictures with giant missiles and, after Ronald Reagan took the helm in the White House, animation of satellites shooting deadly laser rays. It was the relentless arms race that crushed the Soviets’ neck, leaving them with an […]
Volatility In Natural Gas Prices
The European Union Council states in its online portal that starting from the second half of 2021 there has been a sharp jump in energy prices in the EU and around the world. This situation was expected, to some extent, in the context of the post-COVID-19 economic recovery and the easing of travel restrictions, but […]