Companies based in Bucharest had, in the first 8 months of 2024, international trade operations of 40.1 billion euros, representing 28% of Romania's foreign trade, ranking first at national level. According to a press release sent by Bucharest Chamber of Trade and Industry (CCIB), issued on Tuesday, based on statistic data announced by the National Statistic Institute (INS) about the evolution of Romania's commercial exchanges, Bucharest companies are followed by the counties of Ilfov (8%), Timis (7.7%), Arges (5%), Brasov (4%) and Cluj (3.6%). At the same time, in the same period, Bucharest companies delivered goods of 12.1 billion euros abroad, the equivalent of 19.8% of Romania's total exports. Bucharest was followed by the counties: Timis (9.4%), Arges (7.9%), Brasov (5%), Ilfov (5%), Dolj (4.4%), Arad (4.3%), Alba (4.1%), Prahova (3.5%) and Sibiu (3.3%). The share of these ten counties in Romania's export was 66.7%, while the rest of 32 had 33.3%. The main groups of exported goods by companies based in Bucharest were: electric machines and equipment and their parts (26.4%), vegetal produce (15.8%), mineral products (14.4%), chemical industry products (7.5%), foodstuff, beverages, alcoholic liquids and vinegar, tobacco and processed tobacco replacements (5.9%), common metals and articles (5.3%), auxilliary transport vehicles and accessories (3.2%), textile materials and articels (3.1%), optic equipment and instruments (3%). On the overall, the ten groups of exported goods have a share of 89.4%) of the export of Bucharest companies. In the case of imports, the concentration is higher, and Bucharest based companies recorded 28 billion euros, representing a share of 34.1% of Romania's import, over January 1- August 31, 2024. The Capital city that holds a third of all imports, was followed by the counties of Ilfov – 10.3%, Timis (6.4%), Arges (4.5%), Cluj (3.8%), Prahova (3.6%), Brasov (3.3%), Alba (2.7%), Constanta (2.7%) and Arad (2.6%). The share of the ten counties in Romania's imports was 74%, while the rest was 26%. The main 6 groups found in the statistics of the analysed period included: machines and equipment, electric equipment and their parts (22.3%), chemical industry products (17.1%), mineral products (10.7%), vehicles, aircraft , transport ships and equipment (8.4%), foodstuff, beverages, alcoholoc drinks and vinegar, tobacco (7.7%), common metals and articles (6.2%), with a total share of 72.4% in imports of Bucharest companies.
Romania, which for years ranked last in the EU for packaging waste recycling, now stands at the forefront of Europe’s circular economy, proving that a country with initially fragile infrastructure can implement, in record time, one of the most effective collection and recycling systems in Europe. This rapid transformation is taking place in a European […]
Tucked inside Radisson Blu Hotel, Bucharest, Ginger Sushi Bar & Lounge marks the turn of the year with an intimate New Year’s Eve dining experience built around a multi-course tasting menu. From 19:00 onwards, guests are welcomed to a carefully paced evening that blends Japanese inspiration with premium ingredients, from scallops and Wagyu to Chilean […]
Romanian non-profit Dăruiește Viață has completed a new renovation project at the “Louis Țurcanu” Emergency Children’s Hospital in Timișoara, upgrading the Pediatric Onco-Hematology Transplant Unit to modern medical standards. The investment, worth approximately EUR 150,000, was funded by Linde Gaz Romania and Atos Global Delivery Center. The organisation has been working with the Timișoara hospital […]
The multimedia exhibition Aici Se Vede Jazz (Here You Can See Jazz), set to open at SAC Berthelot in Bucharest, explores how jazz found its way in the pre-1990 Bucharest and “the contemporary ways to listen, visualize, perform and relate artistically to its world of sounds and ideas.” Bucharest had improvised studios, rehearsals with the […]
Aon Romania, part of the global group Aon plc, draws attention to the urgent need for structured solutions to protect trade receivables in an economic context characterized by high volatility and geopolitical uncertainty. The subject was central to the discussions at TRADE CREDIT TALKS - Receivable Protection in the Age of Volatility, where business leaders […]
Bucharest’s shopping centres posted mixed financial results in 2024, with major discrepancies between the city’s largest malls and mid-sized retail centres, according to financial analysis platform RisCo.ro. The data shows contrasts in profitability and turnover, as well as significant losses among some of the capital’s biggest retail projects. AFI Cotroceni recorded the highest turnover of […]
