Romania is among the EU states with the highest contribution of agriculture to GDP, but despite this, the sector’s share has decreased significantly in the last 15 years, European data shows, according to Termene.ro. In 2024, Romania’s agricultural value added accounted for 2.5% of GDP, ranking the country second in the EU after Greece (3.2%) and ahead of Spain (2.3%). Bulgaria, Italy, and Croatia followed, each with 1.8%. However, the trend over time shows a significant decline in the relative importance of agriculture in Romania’s economy. Between 2009 and 2024, the share of agricultural value added in GDP fell by 2.2 percentage points—the largest decrease in the European Union during this period. By comparison, in 15 EU member states, the share of agriculture in GDP increased. The largest gains were recorded in Greece (up 0.9 percentage points), Latvia (up 0.6 pp), and Spain (up 0.5 pp). At the other end of the spectrum, Luxembourg and Malta had the lowest shares of agriculture in GDP in 2024, at just 0.2%. The data show that although agriculture remains an important sector for Romania’s economy, its relative contribution has declined considerably over the past 15 years, amid structural changes in the economy and growth in other sectors. The publication Key Figures on the European Food Chain – 2025 Edition provides essential EU-level data and allows comparisons between member states and EFTA countries, offering a broad overview of developments in the European agri-food chain.
Romanian Iulia Neagu, a PhD in physics at Harvard, sold the artificial intelligence startup Quotient to the American, Romanian-founded data giant Databricks. The two companies aim to improve the way AI agents are used in production environments, are evaluated, and optimized. The startup was launched in 2023 to create systems capable of measuring and improving […]
Authorities in Bucharest have passed regulations to drastically limit the use of fireworks throughout the year. Companies that organize pyrotechnic shows will have to pay a fee of RON 500 (EUR 100) per minute and will need the approval of the City Hall. The new measures were approved by the Bucharest General Council and are […]
The Islamic government in Tehran warned Romania that providing bases to the US airforce amounts to participation in the attacks against it, according to a series of statements offered on Monday, March 16, by a spokesman of the Iranian Ministry of Foreign Affairs. The spokesman argued that Romania's support for the US “would incur international responsibility […]
Restaurant technology startup Choice has raised USD 7.1 million in new funding as it accelerates its expansion across Central and Eastern Europe (CEE), including Romania. The company entered the Romanian market in 2025 and has already attracted its first paying restaurants. The funding round was led by Portuguese venture capital fund Alea Capital, with participation […]
The Organization for Economic Cooperation and Development (OECD) released a report regarding Romania and its path to becoming a member on Monday, March 16, in an event attended by the organization's secretary general, Mathias Cormann, and prime minister Ilie Bolojan, among other officials. The report underscores the need to improve the long-term sustainability of Romania’s...
The Sand Marathon (Maratonul Nisipului), one of Europe’s most distinctive beach running competitions, will return to Constanța, on the shores of the Black Sea, on May 17, for its 11th edition. The event will take place on Zoom Beach and marks the beginning of a new decade for the competition under the theme Next Wave. […]
