Romania has moved one place in the ranking of Germany's leading trading partners in the first half of this year, currently ranking 16th, and trade between the two countries has exceeded by 3.9% the volume recorded in the same period last year, according to data released by the German-Romanian Chamber of Commerce and Industry (AHK Romania), citing the Federal Statistical Office (Destatis).Imports and exports between Romania and Germany amounted to 21.7 billion EUR between January and June this year, up by 3.9% compared to the same period last year, when they amounted to 20.5 billion EUR.Thus, exports to Romania amounted to 11.8 billion EUR, which means an increase of 6% compared to the similar period in 2023, while Germany's imports from Romania exceeded 9.93 billion EUR, an advance of 1.4% compared to the first six months of last year.According to the cited source, these results place Romania 16th among Germany's trading partners in terms of exports and on 19th in terms of imports. According to trade data from the first half of this year, Romania has moved up to the 16th position, overall, among Germany's top trading partners. At the end of 2023, our country ranked 17th, and 21st in 2022."We are obviously pleased that bilateral trade relations have intensified, despite the difficult economic situation in Europe and especially in Germany. However, the decrease in Romanian exports to Germany reflects the weaker economic evolution in Germany, in particular the very tense situation in the automotive sector, but not only. In both Germany and Romania we need to focus on increasing the competitiveness of investment locations. Additional burdens such as tax measures like tax increases or additional bureaucratic duties do not help companies at all. Investments in infrastructure (transportation, the energy network) and in the education system, cutting red tape, increasing state investments in key sectors are needed more than ever," said Sebastian Metz, director general of the German-Romanian Chamber of Commerce and Industry, in a press release sent on Tuesday.As of January 1, 2020, the Competence Center for the Republic of Moldova is also operating within AHK Romania.
Romanian-born actor Sebastian Stan has been nominated in the category of "Best Actor in a Leading Role" for his performance in the film The Apprentice at the 2025 BAFTA Awards. Stan portrays Donald Trump in The Apprentice, focusing on the early years Trump spent in New York. The film depicts a young Trump as an emotional […]
Romanian authorities in coordination with the European Commission participated on Wednesday, January 15, in the urgent medical evacuation operation of 12 Palestinian patients from the Gaza Strip, along with 35 family members. Those evacuated are severely affected by the lack of access to adequate medical treatment. The operation was carried out with the involvement of […]
Romania’s state railway operator CFR Călători will receive 12 new electric trains, which will connect Bucharest with the largest cities in the country’s eastern counties. The trains, part of a contract with the Railway Reform Authority, or ARF, will connect Bucharest North station to Suceava, Iași, Galați, as well as Iași to Cluj-Napoca. According to […]
In a decision adopted in its Thursday meeting, the Romanian government approved May 4, 2025, as the new date for the first round of the presidential elections. The second round should thus be held on May 18, as agreed by the ruling coalition leaders last week. "Two government decisions and an emergency ordinance have been […]
Most of the excavation for the first tunnel built on a highway in Romania has been completed, and traffic could potentially be opened by the end of this year between Tigveni and Bucharest, a section of the Sibiu-Pitești highway. Romanian state officials noted construction work at Section 4 (Tigveni - Curtea de Argeș) of the […]
The European Bank for Reconstruction and Development, or EBRD, invested EUR 707 million in 44 projects in Romania in 2024 to support the country’s green transition, a sharp increase compared to the previous year, when it invested EUR 658 million spread over 23 projects. EBRD cooperates with private corporations, equity funds, banks, as well as local […]
