Romania's FOB/CIF trade balance deficit was 28.947 billion euros, in 2023, 5.142 billion euros lower (-15.1%) than in 2022, according to data from the National Institute of Statistics published on Friday.In 2023, FOB exports totalled 93.098 billion euros, up 1.3%, while CIF imports totalled 122.045 billion euros, down 3.2% compared to 2022.The product groups with a significant share of the country's trade in the reporting period were: machinery and transport equipment (44.8% for exports and 36.8% for imports) and other manufactured products (29.8% for exports and 28.7% for imports).Intra-EU27 trade exchanges amounted to 67.574 billion euros on the outbound and 89.500 billion euros on the inbound, accounting for 72.6% of total exports and 73.3% of total imports.Extra-EU27 trade exchanges in 2023 amounted to 25.523 billion euros in exports and 32.544 billion euros in imports, representing 27.4% of total exports and 26.7% of total imports.
Step into 2025 with music, excitement, and unforgettable performances! New Year’s Eve at JW Marriott Bucharest Grand Hotel is not just a celebration – it’s a grand spectacle where world-class entertainment, live music, and vibrant energy come together for a night to remember. This year, we’ve curated a sensational lineup of artists and performers to […]
The Bucharest Police recently announced that the city will host several commemorative ceremonies marking 35 years since the Romanian Revolution of December 1989, causing traffic restrictions around the city. The restrictions will be in place from Friday to Sunday, December 20-22, 2024. On Friday, December 20, at around 10:00 AM, a religious/military ceremony with wreath-laying […]
Alex Florența, the General Prosecutor of Romania, said on Friday, December 20, that harsher punishments are needed to combat incitement to violence and Legionnaire propaganda (related to Mișcarea Legionară, a Romanian interwar fascist movement) in public spaces effectively. To that end, the office of the General Prosecutor will propose new measures to combat such phenomena. However, […]
Dennis Lloyd, Inna, Damian & Brothers, and Killa Fonic are among the artists who will perform at Flight Festival 2025. The festival is scheduled to take place between June 20 and June 22 at Timișoara’s Banat Village Museum. For three days, the venue “will open its doors for an experience that combines music, nature, and […]
Around 67% of Romanians believe that the economic situation will worsen, 7% higher than the previous year, according to the EY Consumer Index Romania 2024. Findings suggest a challenging start of 2025 both economically and politically in Romania. Additionally, in 2024, more than half of respondents (59%) were extremely concerned about conflicts and external wars. […]
Polish LuxVet Group has acquired the Bucharest veterinary clinic RegalVet. The acquisition brings LuxVet’s local portfolio to five clinics and hospitals, one year after entering the local market. RegalVet Veterinary Clinic, which offers non-stop veterinary care, specializes in emergency veterinary medicine and surgery. The clinic employs ten qualified specialists, including veterinarians, technicians, and administrative staff. […]
