The EU’s second largest grain exporter, after France, Romania reached the top in the first half of this trading year, with exports 2.1 times higher than its main competitor. Romania’s exports of common wheat, common wheat flour – grain equivalent, durum wheat, durum wheat flour – grain equivalent, barley and maize amounted to 5.1 million tons in the first half of this marketing year (July 1, 2024-January 5, 2025), placing Romania in first position in the top of the largest exporters in the EU, according to European Commission data. A third (30.8%) of all that the EU exported in the analyzed period, namely 16.5 million tons of cereals, had as its source Romania, which surpassed France by a difference of 2.7 tons. Germany follows, with exports of over 1.7 million tons of cereals, Lithuania, with 1.4 million tons of cereals and Poland, with 1.3 million tons. By type of cereals, Romania is, for the moment, the largest European exporter of wheat, with traders delivering over 3.2 million tons out of 11.1 million tons sold by the EU in total. We are also leaders in barley exports, with deliveries of over 1.3 million tons out of 2.2 million tons. However, in corn, we lost the traditional first place, in favor of Poland. The difference in quantity is small (352,914 tons vs. 348,030 tons). In the 2023/2024 marketing year (1.07.2023-30.06.2024), Romania delivered 30.8% more cereals across the EU borders than in 2022, namely 10.6 million tons, which placed Romania again in second place after France, which marked deliveries of 13.6 million tons. Last marketing year, Romania was the largest exporter of corn, with 2.7 million tons, out of the 3.9 million tons delivered by the EU, and the second largest exporter of common wheat, after France (9 million tons).
The gross income of employees who worked full-time under a labour contract and were paid for the entire month of October 2024 was RON 8,374, more than a quarter above the basic gross salary of RON 6,553, according to data from the National Institute of Statistics (INS) published on Friday.Around 40% of these employees earned […]
Over 31,600 building permits for residential properties were issued in the first ten months of this year, up 4.1% compared with the same period last year, according to data from the National Institute of Statistics (INS) published on Friday.Increases were recorded in all development regions: West (+297 permits), Centre (+235), North-West (+192), North-East (+134), South-East […]
VAT revenues increased in the third quarter of this year by 6.74 billion lei compared to the same period last year, totaling 35.48 billion RON, out of a total of 94.75 billion RON for the first nine months of 2025, according to data transmitted on Monday by the Ministry of Finance.Of the amount of 6.74 […]
Banca Comerciala Romana (BCR) listed on Friday a new bond issue on the Regulated Market of the Bucharest Stock Exchange (BVB), worth 1.12 billion RON, the BVB said in a release.This is the 11th bond issue listed by BCR on the Stock Exchange to date, bringing the total value of BCR's listed bonds close to […]
Romania's insurance sector is strengthening its performance against the backdrop of a dynamic market undergoing significant structural transformation, according to a new study on developments in the insurance markets of Central and Eastern Europe, conducted by a consultancy firm in partnership with a research provider."Romania stands out as one of the most dynamic insurance […]
The minimum turnover tax is a barrier to investment, and in a period when the private sector is undergoing restructuring and layoffs, it adds additional pressure on companies, according to a letter signed by 14 investor organizations that once again request the elimination of the minimum tax."In view of the discussions on the construction […]
