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 […]
PMI continues to invest in the Otopeni factory where it produces consumables for IQOS. The budget allocated over the next two years exceeds USD 100 million
Cigarette manufacturer Philip Morris International (PMI) continues its investments aimed at transforming the Otopeni factory into a manufacturing unit for consumables for IQOS, the electronic tobacco heating system developed by the company. The amount allocated for the next two years exceeds USD 100 million. Since 2017 (when the transformation process of the Otopeni factory started) […]
Automotive Industry in Austria
What do the Mercedes-Benz G-Class, the BMW 530e Plug-In Hybrid and the fully electric Jaguar I-Pace have in common? They all come from Austria! For all necessary parts of a car and even entire vehicles such as the off-road car with the star are produced in the alpine country. With 109,500 passenger vehicles produced in […]
The darkness at the end of the tunnel
Foto: janefromyork / depositphotos.com The world is slowly recovering from the economic crisis triggered by the COVID-19 pandemic. But after a spectacular start, growth is marred by inflation and supply chain bottlenecks. Looking at today’s figures, it’s hard to believe that only some six years ago, the European Central Bank was concerned with dangerously low […]
“Fit for 55”: rather unprepared!
Foto: robertsrob / depositphotos.com “Fit for 55” is the ambitious title under which the European Union announces the continent’s “greening” during the next three decades. And “greening” means the liquidation of energy production units that use hydrocarbons as raw materials and therefore release huge amounts of carbon dioxide (CO2) into the atmosphere. Zero net emissions […]
The brave new world of work
Foto: NEW_PHOTOS/ depositphotos.com The still headline grabbing COVID-crisis is said to have an upside as well. Picture a young man or woman sitting on a comfortable chair at a beach bar, his or her relaxed gaze brushing on turquoise ocean waters, finally resting on serene green hilltops. A cold drink is placed right next to […]
Hunt of fresh air
I do not know about the others but here on European meadows, we concluded that we want fresh air, as fresh as possible. In the hope that echoes from Brussels will be taken into account on our realms, let s look at what the future holds for us. European Union has set out to reduce […]
Expansion of VGP’s Romanian footprint with 90,000 m2 new space under construction
VGP, the pan-European provider of high-quality logistics and semi-industrial real estate, is accelerating the expansion of its Romanian footprint by having launched the construction of three new buildings of about 30.000 m2 each in VGP Parks Arad, Brasov & Bucharest North. At European level, the Belgian developer just released the 2021/H1 results ending the semester […]