In the period 1.I?31.X 2015, exports and imports increased by 4.3% and by 7.1%, respectively, compared to the period 1.I?31.X 2014 In the period 1.I?31.X 2015 FOB exports amounted to 45905.2 million euro and CIF imports amounted to 52313.5 million euro. In the period 1.I?31.X 2015, the FOB?CIF commercial deficit was of 6408.3 million euro, 1538.0 million euro more than in the period 1.I?31.X 2014. In October 2015, FOB exports were of 4990.9 million euro and CIF imports were of 5870.0 million euro, a commercial deficit of 879.1 million euro being registered. The trade deficit (FOB/CIF) went up during the first ten months of the year by 1.5 billion euros year-on-year and stands at 6.4 billion euros, data published on Thursday by the National Institute of Statistics (INS) reveals. "Year-on-year, between January 1- October 31, exports and imports went up by 4.3pct, respectively 7.1pct," the INS statement informs. During the first ten months of 2015, FOB exports totalled 45.9 billion euros and CIF imports totalled 52.3 billion euros. Machinery and transport equipment (44.2pct on exports and 36.9pct on imports) as well as other manufacturing products (32.9pct on exports and 31.3pct on imports) make up an important share in the structure of imports and exports in the first ten months of the year. "Between January 1 and October 31, 2015 the value of intra-community assets trade (Intra-UE28) was 33.9 billion euros on shipments and 40.26 billion euros on arrivals, representing 73.8pct of total exports and 77pct of total imports," INS informs. The value of extra-community assets trade (Extra-UE28) was approximately 12 billion euros both on exports and on imports, representing 26.2pct of total exports and 23pct of total imports. In October, compared to September, exports went up by 1.5pct and stood at 5 billion euros and imports increased by 3.8pct to 5.9 billion euros, resulting in a 879.1 million euros deficit, the INS statement reads.
The Romanian Athenaeum, one of Bucharest's most iconic landmarks, is set to house a bookstore and a café, following public auctions organized for leasing the spaces, Profit.ro reported. The building's inventory value has also been updated to over EUR 36 million, according to official...
Hungarian state-owned company MVM expects to complete its acquisition of the majority stake in E.ON Energie Romania's gas and electricity supply division by June or July, CEO Karoly Matrai told Portfolio.hu, as reported by Reuters. The official also said that MVM does not intend to sell the companies it plans to acquire in Romania and […]
Tudor Platon’s An Almost Perfect Family and Radu Ciorniciuc and Lina Vdovîi’s Dad will be screened at this year’s DocPoint – Helsinki Documentary Film Festival. An Almost Perfect Family, produced by Carla Fotea / MicroFILM, was selected in the International Competition of the festival. The documentary Dad will be screened as part of the event’s […]
"The Romanian pet food market is larger than our domestic market in Ukraine. It shows significant potential and is growing steadily, with an average annual growth rate (CAGR) of 7%," states Yuriy Bykoriz, Managing Director CEE, Kormotech Global. Kormotech, a family-owned global pet food company with Ukrainian roots, has been producing food for cats and […]
Romania's e-commerce sector accounted for 3.32% of the country's GDP in 2024, showing steady growth but still trailing behind the European average of around 5%, according to data from the Bulgarian eCommerce Association. In Central and Eastern Europe, Greece leads the region with e-commerce contributing 7.87% to its GDP, while Bulgaria lags behind with just […]
Promotional products were twice as present in shopping carts in 2024. Healthier choices: Nearly half of Bringo orders included organic products. Less sugar: +20% increase in sugar-free products in Bringo carts. Bringo, the first rapid online grocery delivery service in Romania using personal shoppers, has analyzed key trends shaping eGroceries consumption...
