Industry of Romania

BusinessMin Oprea: Romanian entrepreneurs should get our of their comfort zone, which is EU

An active presence and increasingly clear of the Romanian companies on the market in Vietnam is necessary and the Romanian entrepreneurs should get out of their comfort zone and stop doing business in the European Union only, Minister of Business Enviroinment, Trade and Entrepreneurship Stefan-Radu Oprea stated on Friday at the Romania-Vietnam Business Forum organised in Bucharest.

Romania's Jan-July industrial turnover, up 6.4 pct

Romania's overall industrial turnover (both the internal and external market), in nominal terms, increased by 6.4 percent in the first seven months of this year compared to the same period of last year, due to the advance of the mining industry (+ 13.9 percent) and the manufacturing industry (+ 6.1 percent), shows data published by the National Institute of Statistics on Thursday.

PM Dancila tells Renault officials new investment projects signal trust in Romania's economy

Renault's new investment projects are "an important signal of confidence in the Romanian economy," Prime Minister Viorica Dancila told the opening on Friday of new Renault offices in Bucharest. "I welcome the new investment projects of your company. They are an important signal of confidence in the Romanian economy," she said. Dancila mentioned the development of the automotive industry.

Projects we want to draw in automotive industry no longer rely on cheap labour force

Projects we would like to draw in the automotive industry no longer relies on cheap labour force, given that in 2017, a quarter of the total national exports was generated by this industry, Paula Pirvanescu, Secretary of State InvestRomania with the Ministry of Business Milieu, Commerce and Entrepreneurship told on Monday a specialty press conference.

Software and IT services market in Romania, to reach 900 million euros, in 2015

The software and IT services market in Romania will reach 900 million euros in 2015, with public sector's share to account for 25 per cent compared with the private area, Pierre Audoin Consultants (PAC) Managing Director for Eastern Europe Eugen Schwab-Chesaru told a specialist conference on Monday.