Trade between Romania and Germany decreased by 6.1% in Q1 2025, year-on-year, to EUR 10.36 billion, according to data published on Thursday by the Romanian-German Chamber of Commerce and Industry (AHK Romania).Germany's exports to Romania decreased by 1.2%, to over EUR 5.68 billion, while imports from Romania decreased by 11.4% to EUR 4.68 billion."The decline in German imports to Romania (therefore of Romanian exports) is primarily due to the weak economic dynamics in Germany and a tense economic situation throughout Europe. It is precisely in this challenging context that it becomes clear again that Romania, as a business location, must focus even more on improving its competitiveness. A stable and business-friendly fiscal environment is an essential factor in that, and given the context, fiscal policy measures currently under discussion are of particular importance. It remains to be hoped that the interests of the private sector will be taken into account. In the medium term, it is essential to get out of the current fiscal imbalance, in particular through sustainable economic growth. In the short term, however, from the perspective of our business community, budgetary consolidation measures are needed in terms of expenditures, as well as a significant reduction in bureaucracy, in order to strengthen the credibility of the state and create the basis for sustainable budgetary development," according to AHK Romania General Manager Sebastian Metz.AHK Romania is the official representative of the German economy. Founded in 2002, the organisation has over 680 member companies and offers companies an important platform for networking, exchange of information and experiences.
How to Web Conference, the leading startup and technology event in Eastern Europe, will host multiple programs and formats for over 550 startups at its 2025 edition, taking place on October 1–2 in Bucharest. These programs are designed to support early-stage startups by offering valuable opportunities for growth, investor connections, and showcasing their innovations. “Our […]
Romanian state-controlled nuclear power producer Nuclearelectrica (SNN) posted a higher-than-expected net profit in the first half of 2025, as stronger financial income offset a surge in windfall tax expenses, brokerage firm Swiss Capital said in a note published on Monday on BVB Research Hub. The company booked a net profit of RON 867...
Romania’s Energy Ministry unveiled the energy voucher platform on Wednesday, August 20. Citizens with low incomes who register on the platform will receive aid worth RON 50 (EUR 10) per month to pay for their electricity bills. Not everyone is eligible for the state aid. Only single persons with incomes below RON 1,900 (EUR 375) […]
Romanian prime minister Ilie Bolojan will go on a working visit to the Republic of Moldova on Saturday, August 23 - his first as head of the executive. The visit will include a series of activities carried out together with the prime minister of the Republic of Moldova, Dorin Recean. According to the government, the […]
Romania’s famous Mud Volcanoes, located in the southern Buzău County, were recently scanned by experts from the National Institute for Earth Physics Research and Development with the help of drones equipped with modern sensors, in order to better understand the structure of the soil and the associated risks. INFP specialists, together with their partners Skyline […]
Romania’s residential market posted record apartment sales in July as buyers rushed to finalize transactions before the removal of the reduced VAT rate and the increase in the standard VAT from 19% to 21%, according to real estate consultancy Colliers. The VAT change came into effect as of August 1, driving a surge of last-minute […]
