Romania will be able to export dairy products and fish products to the Chinese market, as two protocols to this effect were signed on Tuesday in Beijing, the National Sanitary Veterinary and Food Safety Authority (ANSVSA) informs."Two protocols signed today in Beijing will make it possible to export Romanian dairy and fish products to the Chinese market. A delegation from our country is in the Chinese capital between June 30 and July 4 to expand the economic cooperation partnership between the two countries," reads a release issued by the institution.The ANSVSA head Alexandru Bociu signed the Protocol for dairy products exported from Romania to the People's Republic of China and the Protocol on inspection, quarantine and sanitary requirements for wild aquatic products intended for export from Romania to the People's Republic of China.This year marks the 75th anniversary of the establishment of diplomatic relations and the signing of the Joint Declaration for the establishment of a broad partnership of friendship and cooperation between the two countries, ANSVSA announced.On April 21-22, the head of ANSVSA welcomed a delegation from the People's Republic of China, consisting of representatives of the General Administration of Customs, led by Vice-Minister Lyu Weihong. Discussions, in addition to the main topic of cooperation between the two countries in the customs area, also focused on issues related to sanitary and phytosanitary procedures, respectively market access for agricultural products.
New record: sales of RON 1.14 billion in the first 9 months, higher by 6.4% compared to the same period in 2023 Normalized net profit increase of 66.3% compared to 9 months 2023, to RON 71.4 million, almost 90% of the normalized profit of the entire previous year EBITDA margin reached 11.3% in the first […]
Romania's interior minister, Cătălin Predoiu, expressed cautious optimism about the country's prospects for full Schengen accession following a meeting scheduled for November 22 with Austrian interior minister Gerhard Karner. Speaking on local news channel Antena 3, Predoiu stated that "the pieces are quite well placed" for progress on accession with land borders,
Romgaz (BVB: SNG), the largest producer and main supplier of natural gas in Romania, will list its first bond issue, worth EUR 500 million and aimed to finance the Neptun Deep offshore gas project, on the Bucharest Stock Exchange on November 19. In October, Romgaz issued the first EUR 500 million tranche of a EUR […]
Left without heating after a coal-fired unit at Electrocentrale Craiova broke down, Ford Otosan’s automobile plant in southern Romania ceased operations on November 13, Profit.ro reported. The losses at the factory that is producing some 1,000 automobiles and 1,700 EcoBoost...
Bucharest Exchange-listed Premier Energy Group, active in the renewable electricity generation and energy supply activities in Romania and Moldova, announced its revenues rose by 25% y/y to EUR 816 million in January-September and by 61% y/y to EUR 303 million in Q3 alone, driven by both organic performance and strategic acquisitions. The net profit, however, shrunk […]
Romania's leading energy producer, Hidroelectrica (BVB: H2O), announced its output decreased by 22% y/y to 11.35TWh in January-September, citing both market conditions (a change in the regulations that resulted in volatile prices and volumes traded) and adverse hydrological conditions. The revenues contracted by 25% y/y to RON 7.2 billion (EUR 1.44 billion), roughly in line […]
