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 Belgian manufacturer of metal roofing systems Metigla, with a factory in Ceptura, Prahova County, announced a EUR 15 million investment plan in expanding production, automation, and employees. "In 2025, we will consolidate our presence in key markets and gradually expand this model to more European countries. We invest in sustainable products, automation, teams, and […]
Chinese electric vehicle manufacturer BYD officially launched operations in Romania, introducing its full-electric and plug-in hybrid models to the local market, Economica reported on May 8. The move is part of the company’s broader strategy to expand across Europe. BYD’s initial retail presence includes showrooms in...
The local currency kept losing ground on May 9 despite reported interventions by the central bank. The interest rates rose, and the Stock Exchange’s indices resumed the decline on May 9 after a modest gain on the previous day. The development suggests a drain on liquidity from the money market, possibly amid hybrid interventions by […]
Ilie Bolojan, the interim president of Romania, has sent his "warmest congratulations" to Pope Leo XIV in a message posted on X. "Warmest congratulations to His Holiness Pope Leo XIV upon the election to the Chair of Saint Peter. May he have a long reign and guide the faithful all over the world with wisdom […]
Victor Ponta, who served as Romania’s prime minister between 2012 and 2015, announced on Wednesday, May 7, that he is founding a party under the name "Romania First.” The platform will bring together PRO Romania, the party he founded after leaving the center-left Social Democratic Party, with the Romanian Ecologist Party, and other specialists and […]
Romania will receive CHF 10 million in funding for the development of dual education, as part of a second Swiss contribution, the Switzerland - Romania Chamber of Commerce (CCE-R) announced. The funding is part of a program for the development of dual education that aims to support the integration of young people into the labor […]
