Romania will remain a grain-exporting state for a long time ahead, as it produces more raw materials than it consumes, says Agriculture and Rural Development Minister Adrian Chesnoiu.He mentioned that reducing the trade deficit in agri-food products has become a goal for "everyone," although this did not happened in recent years. The only years in which Romania had a surplus in trade in agri-food products were 2013 and 2014, with an increase of 300 million euros and 500 million euros, respectively, while last year there was a deficit of over two billion in this sector."It was 2.2 billion last year. Everyone proposes [deficit reduction]. The trade balance has become a goal for everyone, but practically nothing has happened. Romania will remain a grain exporter for a long time ahead, because that has been our history. We must be realistic: we produce much more raw material than we consume. Instead, what we need to do is understand the market mechanisms," Adrian Chesnoiu said.In this context, the minister says that when it comes to building a strategic plan, it is important to think about the effects it has over time, over a short, medium and long term. "When it comes to processing, you need to have large capacities, farmers to be associated in producer groups or cooperatives so that as much raw material as possible is processed at the lowest possible cost, because in the food industry and in the processing industry the profit margins are very low," said the MADR chief.Last year, bakery products ranked second in terms of imports, after pork, but the minister said it was not about bread imports, "an image that has spread in the press that we produce wheat and import frozen bread."
British heavy metal band Iron Maiden will perform at Bucharest’s National Arena on May 28, 2026, as part of their “Run For Your Lives” anniversary world tour, promoter Emagic announced on Thursday, September 18. The concert will feature a career-spanning setlist highlighting defining moments from the group’s five-decade history, accompanied by what organizers described as […]
Three-quarters of Romanians believe that the war in Ukraine affects Romania to a very great and fairly great extent, according to the third edition of the Informat.ro barometer by INSCOP Research, carried out between September 1 and 9. The monthly survey, which aims to bring to public attention topics of interest, shows that “opinions are […]
Daniela Schoppmeyer, the majority shareholder and general manager of Faberrom, a company that took over in the 1990s most of the spaces of the former APACA clothing factory in western Bucharest, is the new owner of half of the emblematic Scala residential block, on Magheru Boulevard, Profit.ro reported. Schoppmeyer...
The Bucharest Municipal Parking Company (CMPB) inaugurated 189 new parking facilities with more than 12,400 spaces in the first half of 2025, while revenues from parking fees rose 20% year-on-year to RON 50.4 million (roughly EUR 10 million), the company said on Thursday, September 18. CMPB reported a net profit of RON 28.3 million for January–June […]
Romania has inaugurated underwater seagrass meadows and artificial reefs in the Black Sea as part of a major restoration project aimed at curbing erosion and reviving marine biodiversity, the National Administration “Apele Române” said. More than 20 hectares of seabed have already been planted with Zostera noltii seagrass and transplanted with Cystoseira barbata seaweed, creating […]
A former pastor from California has been accused of sexual abuse and child trafficking at a shelter he ran in Bucharest, according to lawsuits filed by two Romanian men in the California District Court, AP reported. The complaints, filed by 33-year-old Marian Barbu and 40-year-old Mihai-Constantin Petcu, reportedly say that former pastor and missionary of […]
