Bulgaria was Romania's seventh trading partner at the end of July, after Germany, Italy, Hungary, France, Poland and Turkey, with a trade volume of 5.4 billion euros, informs the Chamber of Commerce and Industry of the Municipality of Bucharest (CCIB)."At the end of July 2023, Bulgaria was the 7th trading partner of Romania (after Germany, Italy, Hungary, France, Poland and Turkey) with a trade volume of 5.4 billion euros, with a reduction of 13, 5% compared to the similar period in 2022. In terms of exports, Bulgaria was the 5th destination market with a volume of 2.2 billion euros (+8.3%) and a share of 4% of total exports, and in terms of import the 7th market of origin of the goods that entered our country, with a volume of 3.2 billion euros (-24%) and a share of 4.5% in the Romanian import," the press release informs.According to a press release sent on Friday, the president of the CCIB, Iuliu Stocklosa, received, at the CCIB Palace, Victor Gugushev, the new president of the Board of Directors of the Bulgaria - Romania Chamber of Commerce in Ruse (BRCCI), Senior Partner at "Gugushev & Partners Law Office," accompanied by Stefan Kyosev, Business Development Director at the "Gugushev & Partners" Law Office, and Adrian SipoS, Business Development Manager at BRCCI."Bulgaria is a very important economic and commercial partner of Romania. At the end of July this year, according to the latest statistical data available from the Romanian side, Bulgaria was the 5th destination country for Romanian goods with a share of 4% in our country's exports and the 7th country of origin for products entering our customs territory, accumulating 4.5% of Romania's import. Added to this are the values resulting from mutual trade in services, such as transport, tourism and those in the IT field," declared Iuliu Stocklosa.
The shares of four other companies listed on the Bucharest Stock Exchange (BVB) will be included in the MSCI Frontier, MSCI Romania, MSCI Frontier IMI and MSCI Romania IMI. Romania will thus have 30 listed companies part of the MSCI indices as of June 1, 2024. The shares of telecom group Digi Communications (DIGI)...
DP World announced on May 15 the opening of three new sites in Romania, following total investments of over EUR 130 million. The company said the projects aim to provide “a significant boost to the country’s growing status as a key hub of European trade.” Thus, Constanta, the largest container port on the Black Sea, […]
Measuring the confidence of Romanian managers and entrepreneurs in the local economy for over 4 years, the results of the 10th edition of the CONFIDEX study highlight the optimism, resilience, and adaptability of the Romanian business environment. According to the CONFIDEX study from the first semester of this year, the proportion of managers who declare […]
Alternative investment fund BT Property said on May 15 that it acquired Funshop Park Turda, Cluj county, from the Polish group Scallier. The transaction marks the fund's entry into the retail market, where it aims to expand. Funshop Park Turda retail park has over 9,000 sqm of leasable area and BREEAM-certified buildings, according to international standards. BT Asset […]
Attractive Romania/România Atractivă was launched this week with the aim of offering local and foreign tourists a new tool to explore the country. The multimedia platform includes 12 thematic routes in 35 counties, listing 275 landmarks to discover. The program, with a value of over RON 36.3 million, is part of the National Recovery and Resilience […]
It’s a packed agenda this week, with film festivals, art and jewelry fairs, events for foodies, the start of the light and music show at Bucharest’s Unirii fountains, and an anniversary but slimmed-down edition of the Night of Museums. The public in Iași can attend the events of the Romanian Creative Week, while theater fans […]
