Bulgaria was Romania's seventh trading partner at the end of July, after Germany, Italy, Hungary, France, Poland and Turkey, with a trade volume of 5.4 billion euros, informs the Chamber of Commerce and Industry of the Municipality of Bucharest (CCIB)."At the end of July 2023, Bulgaria was the 7th trading partner of Romania (after Germany, Italy, Hungary, France, Poland and Turkey) with a trade volume of 5.4 billion euros, with a reduction of 13, 5% compared to the similar period in 2022. In terms of exports, Bulgaria was the 5th destination market with a volume of 2.2 billion euros (+8.3%) and a share of 4% of total exports, and in terms of import the 7th market of origin of the goods that entered our country, with a volume of 3.2 billion euros (-24%) and a share of 4.5% in the Romanian import," the press release informs.According to a press release sent on Friday, the president of the CCIB, Iuliu Stocklosa, received, at the CCIB Palace, Victor Gugushev, the new president of the Board of Directors of the Bulgaria - Romania Chamber of Commerce in Ruse (BRCCI), Senior Partner at "Gugushev & Partners Law Office," accompanied by Stefan Kyosev, Business Development Director at the "Gugushev & Partners" Law Office, and Adrian SipoS, Business Development Manager at BRCCI."Bulgaria is a very important economic and commercial partner of Romania. At the end of July this year, according to the latest statistical data available from the Romanian side, Bulgaria was the 5th destination country for Romanian goods with a share of 4% in our country's exports and the 7th country of origin for products entering our customs territory, accumulating 4.5% of Romania's import. Added to this are the values resulting from mutual trade in services, such as transport, tourism and those in the IT field," declared Iuliu Stocklosa.
Romanian far-right leaders George Simion (AUR) and Anamaria Gavrilă (POT) have announced their candidacies for Romania’s 2025 presidential election following the invalidation of Călin Georgescu’s bid. The two politicians stated that only one of them would remain in the race after their candidacies are officially validated. Simion, the leader...
The Education Ministry has established a partnership with the National Audiovisual Council (CNA) to draft a guide on combating illegal content online, part of a series of measures aimed at tackling pseudoscience and manipulation, the institution announced. The guide is meant to be shared with and discussed in schools and universities in the country. "We […]
Soprano Angela Gheorghiu, one of the brightest stars of the international opera scene, is celebrating 35 years of excellence in music with a grand anniversary concert on September 7 at Arenele Romane in Bucharest. Tickets have been put up for sale online. The concert will feature an exceptional lineup of performers, including tenor Jonathan Tetelman, […]
Despite a climate of economic and political uncertainty, Romania's land market remained stable in 2024, with transaction volumes reaching nearly EUR 450 million, a figure close to 2023's total. Colliers' annual report reveals that Bucharest and its metropolitan area continued to dominate, accounting for 80% of total transactions, while residential projects made up 70% of […]
February has been an active month for Romania's fiscal and economic landscape, with significant announcements and regulatory updates that businesses, particularly those in public affairs and legal departments, should closely follow. IMF and World Bank: Stability, Not Austerity Finance Minister Tánczos Barna provided reassuring news following meetings with IMF and World Bank representatives. Contrary to […]
Rural buyers fuel growth through progressive adoption Over 60% of customers have more than 5 years of experience in online shopping Beauty, Fashion, Footwear, Pharma, and Electronics are the most popular categories €857 is the average annual spending of an online customer MerchantPro launches...
