Romania’s trade deficit (goods) surged by 38% y/y to EUR 2.74 billion in January, as the exports picked up encouragingly by 2.4% y/y, still insufficient to offset the 10.3% y/y advance of imports, according to data published by the statistics office INS.
Romania’s exports rose by 2.4% y/y to EUR 7.25 billion, while the imports advanced faster by 10.3% y/y to EUR 9.99 billion.
The deficit has particularly widened for the category of food goods (and live animals), goods...
Edge Institute, a think tank made up of an independent group of experts united by the common vision of increasing Romania's digital development and evolution, was launched on Wednesday, March 12. The Institute aims to become a facilitator of digital transformation, bringing together expertise from the private, academic, and administrative sectors to provide viable solutions […]
The 24th edition of the Transilvania International Film Festival (TIFF), set to take place from June 13 to 22 in Cluj-Napoca, will feature a unique event that combines cinema with live music: Amadeus LIVE. The special event will present the 1984 film Amadeus, directed by Miloš Forman, which explores the life and genius of Wolfgang […]
As Europe moves toward a new era of industrial policy, Beko, the continent’s largest home appliance manufacturer, is making the case for a stronger, more unified approach. Attending the key event on the Deal, Beko emphasizes the urgent need to ensure that industries investing in decarbonization, energy efficiency, and innovation remain globally competitive. Having built […]
A recent survey conducted by Unlock Market Research for Colliers has revealed that fewer Romanians can afford to buy a home, with the percentage of urban homeowners standing at just 73%, significantly lower than the official statistic of 95%. Interest in homeownership has dropped from around 44% in previous years to 35% in 2025, driven […]
Robotic process automation company UiPath has signed the acquisition of Peak AI Limited, a British applications company focused on accelerating AI adoption in sectors such as retail and manufacturing. Peak, a Manchester-based company, developed an AI platform recognized for its ability to optimize inventory and pricing for a diverse clientele, simplifying these processes without the […]
Verita International School, a private school accredited in the UK system with a curriculum that addresses holistic and social-emotional education, has partnered with Dukes Education, the largest group of schools in the UK. As a result of this collaboration, Verita pupils now have access to all the facilities offered by the education network, and EUR […]
