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.
Representatives of the ruling Social Democratic Party, PSD, gathered for a congress in Bucharest on Friday, November 7, to elect new leadership and to amend the party’s Statute. The only candidate for party leader is Sorin Grindeanu, who held the interim position after Marcel Ciolacu's resignation in May. In his speech at the congress, Sorin […]
The e-commerce sector recorded strong early results on Black Friday 2025, according to real-time data released on Friday, November 7, by PayU GPO Romania from its dedicated Media Center. By 14:10, the payment processor reported successful transactions totaling RON 514 million (roughly EUR 101 million). PayU said shoppers had made roughly 889,000 purchases, with around […]
Contakt Express Logistik, one of Romania’s leading retailers of mobile phone and tablet accessories, with a network of over 235 stores, is set to launch the initial public offering (IPO) between November 12 and December 3, 2025. The company offers a wide range of products, including cases, screen protectors, chargers, and gadgets, both in physical […]
Romania attracts fewer international tourists today than it did during the communist era, making it the only country in Europe in this situation, the National Association of Travel Agencies (ANAT) warned, as reported by news agency Agerpres. According to the organization, Romania received more than 3.4...
InterCapital ETF, the first international ETF provider in Romania, will launch two new exchange-traded funds on the Bucharest Stock Exchange starting November 11, 2025. The new instruments are the InterCapital CROBEX10 TR UCITS ETF, which offers exposure to the Croatian blue-chip equity market by tracking the performance of the CROBEX10tr index, and the InterCapital EUR […]
The Competition Councils of Romania, Bulgaria, and the Republic of Moldova have granted the necessary authorizations and approvals for the completion of the transaction through which Maspex Romania takes over the majority shareholding of Purcari Wineries. The Maspex Group, which has been present in Romania for nearly 30 years, became the majority shareholder of one […]
