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.
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 […]
