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).
Graffiti Plus (GRF+), active in Romania's communication consulting market, has signed the contract for the National Recovery and Resilience Plan (PNRR) funding for its listing on the AeRO market of the Bucharest Stock Exchange (BVB). GRF+ is also preparing to launch the private financing round it is conducting as a first step toward its debut […]
The wooden church from the village of Oncești, one of the oldest monuments in the heritage of the Maramureș Village Museum “Mihai Dăncuș” in Sighetu Marmației, has been restored. The church has now returned to the tourist circuit through the support provided by the US Ambassadors Fund for Cultural Preservation, in a project coordinated by […]
The Bucharest Stock Exchange (BVB) announced the establishment of its Corporate Governance Committee on Thursday, December 4, to support the implementation of the revised 2025 BVB Corporate Governance Code. Romania’s capital market recently celebrated 30 years of activity and is undergoing significant corporate governance reform. The revised BVB Corporate...
Daniel Băluţă, the mayor of Bucharest's District 4, signed the order to start work on the extension of the M4 subway line on Thursday, December 4. The investment is valued at EUR 3.5 billion and the route will be 11 kilometers long, between Gara de Nord and Gara Progresul railway stations. The extension will have 14 […]
Ten entrepreneurs and executives have launched Food Angels Hub, a community of investors dedicated to the food sector. The aim of the hub is to “develop and scale functional and profitable companies in the food, hospitality and food-tech sectors” and “turn Romania into a reference point for food innovation in the CEE region.” The founders […]
Romanian developer IULIUS announced that it secured a syndicated loan facility amounting to over EUR 305 million for its Palas Iași mixed-use complex. The financing is provided by a consortium made up of Erste Group Bank Austria, BCR, Raiffeisen Bank Romania, and Raiffeisen Bank International Austria. The loan will support the remodelling of Palas Iași […]
