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103 new news items in the last 24 hours
3 June 13:51

Kostas Salvaras (Philip Morris) underlines Europe's urgent need to catch up with the US and China in innovation, criticizing excessive bureaucracy

Călin Nicolescu
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Economy
Foto https://www.facebook.com/profile/100064784164114/search/?q=Salvaras&locale=ro_RO
In an interview, Kostas Salvaras, Area Vice President at Philip Morris International, points out that Europe needs to improve innovation to compete with the US and China. He says over-taxation and red tape are hurting economic growth, suggesting a more flexible framework to stimulate investment in technology. Salvaras underlines the importance of developing an innovation ecosystem, highlighting the positive impact of Philip Morris' investments in Romania, including job creation and contribution to GDP. The Otopeni plant is an example of re-industrialization, demonstrating Romania's ability to attract high-value investment.

Sources

Q Magazine
Kostas Salvaras, Philip Morris International: Dacă Europa vrea să rămână competitivă, stimularea și expansiunea economică trebuie să fie prioritare

ȘTIRI PE ACELEAȘI SUBIECTE

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International
Marcin Kuśmierz, the head of Allegro, warns that the EU risks a flood of Chinese products, affecting European SMEs, if it does not take swift action.
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International
Mercedes-Benz CEO Ola Kaellenius has challenged the EU's plan to ban CO2-emitting vehicles from 2035, warning of the risks to the European car industry
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News
The Minister of Health, Alexandru Rogobete, emphasized the need for investments in domestic production of medicines and biotechnologies to reduce dependence on imports.
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Philip Morris Kostas Salvaras Europe Competitiveness USA Romania bureaucracy

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yesterday 19:47

General Prosecutor, Alex Florența: "The hybrid war waged by Russia in Romania is much more insidious and more perfidious"

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