In the first 6 months of the year, Romania imported milk, dairy products, eggs and honey for 348.3 million euros, on the rise by 14% against the same period of 2020, while exports went up by 7.2% - 107.3 million euros, according to the commercial balance sheet for farm produce. The value of exports in the first semester was three times lower than that of imports for these products, commercial deficit for the segment exceeding 241 million euros. According to data of the Ministry of Agriculture (MADR), Romania's deficit in the trade with foodstuff grew by over 31%,in the first half of the ongoing year, compared to the same period of 2020, totaling 1.27 billion euros. Romania exported foodstuff of 3.63 billion euros over January-June 2021, while imports exceeded 4.9 billion euros. For that chapter, MADR data include other products of animal origin, next to milk, dairy products, eggs and honey.
Romania’s public debt, as measured by the ESA methodology, increased by only RON 9 billion (EUR 1.8 billion) during March, reaching 56.1% of GDP at the end of the month, up from a revised 55.7% one month earlier and 54.8% at the end of 2024, according to data published by the Finance Ministry. The end-February […]
FDI inflows to Romania decreased by 14% y/y in value to EUR 5.7 billion in 2024 (1.6% of GDP), more than the 11% y/y decline across Europe. But, against negative dynamics (-5% y/y) in Europe, the number of FDI projects in the country surged by 57% to 94, marking Romania's best performance since 2018, according […]
While Cluj and Sibiu are busy with large film and theater events, Bucharest has numerous outdoor events, music festivals, and themed film programs.
Hungarian filmmaker Béla Tarr (in opening photo) is one of the guests of this year’s Transilvania International Film Festival (TIFF), which is currently taking place in Cluj-Napoca. He will receive a Lifetime Achievement Award at the TIFF Awards Gala. Until then, audiences will have the chance to meet him at the cinema and attend a […]
With a continued commitment to innovation, sustainability, and affordability, Auchan Romania has received three major distinctions at the “Voted Product of the Year 2025” competition – the most prestigious recognition platform for innovation and performance among products, brands, and retail networks in Romania. In addition to being named Retailer of the Year in the Hypermarket […]
Roughly 72% of Romanians believe that their own actions have the greatest impact in building a sustainable future. At the same time, they acknowledge the essential role of companies (68%) and governments (66%) in achieving sustainability goals, according to the fourth annual edition of the National Barometer on Romanians' perceptions and behaviors related to sustainability […]
