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.
Faster declines in orders and output fail to dampen future outlook Reduced demand for inputs sees inflationary pressures cool... ...and supplier performance improve for the first time on record The Romanian manufacturing downturn deepened in March, as firms signalled a deterioration across all elements of the headline PMI. New orders and output decreased at faster […]
Digital services revenue is estimated to rise by 44%, expanding from 34% to nearly half (49%) of companies revenue by 2029, according to a report compiled from IDC surveys across Europe, Asia-Pacific region (APAC), and the Middle East demanded by Endava (NYSE ‘DAVA’), a leading technology services company combining world-class engineering, industry expertise, and a […]
On Monday, March 31, a detachment of the Romanian Air Force called "Carpathian Vipers" began executing an enhanced air policing mission in Lithuania. The mission will last four months, between April and July 2025. The "Carpathian Vipers" detachment, consisting of approximately 100 military personnel and four F-16 Fighting Falcon aircraft, will carry out missions alongside […]
On Tuesday, April 1, controversial brothers and influencers Andrew and Tristan Tate left for Dubai after meeting with DIICOT prosecutors. Before they departed, the brothers mentioned that they would return to Romania within the legal period of two months, in accordance with the obligations of judicial control. "On April 1, 2025, Andrew Tate and Tristan […]
Wizz Air has officially opened its base at Bucharest Băneasa Airport, the capital’s secondary one, which will be served by an Airbus A321neo aircraft. An additional aircraft will also operate from Bucharest’s Henri Coandă Airport (Otopeni) from August 1, bringing the total number of aircraft based in Bucharest to 21 this summer, the carrier said. […]
A blood donation event will take place on Friday, April 4, at the Bucharest City Hall. Participation will be allowed only after phone confirmation from the organizers. Blood donation at the event is not remunerated, but each donor has the right to receive the results of the tests performed. They also receive meal vouchers worth […]
