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.
More than 2 out of 3 Romanian consumers do not return for a second purchase, according to the new Customer Loyalty Index, a comprehensive analysis based on aggregated data from campaigns and authored by White Image, the oldest email marketing company in Romania. The Index analyzes the post-purchase behavior of Romanian consumers and highlights major […]
Fashion retailer Primark announced major plans to expand its presence in Romania, confirming four new store openings for 2026. This will double its presence in the market and create over 450 new jobs. The announcement arrived at an important moment for the company, which marked three years since the opening of its first Romanian store […]
Romania’s National Road Investment Company (CNIR) awarded on Tuesday, December 16, the contract for the design and construction of the Bacău–Piatra Neamț express road to a Romanian–Bulgarian consortium. The value of the contract is RON 5.17 billion (some EUR 1 billion), excluding VAT, and its signing will take place if no appeals are filed. The […]
Romania will host its first mixed team European Judo Championship in 2027, according to the Romanian Judo Federation. The competition will take place at a key moment in the Olympic cycle, when the points earned will directly influence world rankings and qualification for the Olympic Games, according to FR Judo. The event will...
Radu Miruță, currently Romania’s economy minister, was proposed to lead the Defense Ministry. He will also hold the position of deputy prime minister. In his place, senator Irineu Darău has been proposed to take the helm of the Economy Ministry. The Defense and Economy Ministries are handled by the center-right reformist party Save Romania Union […]
Carrefour Romania has expanded its proximity retail network, reaching 200 Express stores and 191 Market locations nationwide, as part of its strategy to strengthen convenience formats. The retailer announced that the 200th Carrefour Express store will open on December 22. In 2025 alone, Carrefour opened 27 Express stores, including 19 company-operated units and eight franchise […]
