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."
President Nicușor Dan has nominated Senate president Ilie Bolojan, a leader of the National Liberal Party (PNL) and former interim president, for the prime minister seat. Dan said Bolojan is “the best person to carry out the needed adjustments in the state administration.” He pointed to Bolojan’s track record with reducing spending, and said he has […]
Balkanik Festival – Home of World Music, set to take place at Uranus Garden between September 5 and September 7, lines up this year artists who "celebrate that form of joy that does not ignore reality, but faces it with beauty, energy, and solidarity," the organizers said. The artists performing in September in Bucharest will […]
The mayor of Timișoara, Dominic Fritz, announced on Friday, June 20, that two new bridges over the Bega River will be built in the city. The bridges will be financed with EU-backed funds worth over RON 130 million. The bridges in question are the Solventul Bridge, which will connect Gării Street to Dâmbovița Boulevard and […]
A Sarmatian necropolis nearly 2,000 years old was discovered after archaeological excavations were carried out at the Mehala II site in the municipality of Timișoara, in western Romania. Researchers discovered 15 inhumation graves, most arranged in rectangular pits with rounded corners, although some no longer retain their original outline, having been disturbed by the passage […]
The George Enescu Philharmonic Orchestra will deliver on June 26 a concert marking Romania Day at the Osaka World Expo. Additionally, the Bucharest-based orchestra will present a series of other concerts and recitals, both within the Romanian Pavilion and outside, at Toyonara Hall in Osaka. The George Enescu Philharmonic Orchestra's concerts will be conducted by […]
Sphera Franchise Group, the largest food service group in Romania, has opened its first Cioccolatitaliani store in the seaside resort of Riccione, in Italy’s Rimini tourist area. This marks the official launch of Sphera Group’s development plan for the premium Italian brand of coffee, gelato, and pastry. Under the plan, it will open four locations […]
