- In May 2022, the FOB exports amounted to 7997.4 million euro and the CIF imports amounted to 10720.1 million euro, a commercial deficit of 2722.7 million euro being registered. - Compared to May 2021, the exports increased by 34.5% and the imports increased by 38.8% in May 2022. - In the period 1.I-31.V 2022, the FOB exports amounted to 36918.9 million euro and the CIF imports amounted to 49659.7 million euro. - In the period 1.I-31.V 2022, the exports increased by 23.5% and the imports increased by 28.1%, compared to the period 1.I-31.V 2021. - In the period 1.I-31.V 2022, the FOB-CIF trade deficit was of 12740.8 million euro, 3891.3 million euro more than in the period 1.I-31.V 2021. In the period 1.I-31.V 2022, important shares in the structure of exports and imports are represented by the following groups of goods: machinery and transport equipment (42.7% for export and 32.5% for import) and other manufactured goods1) (31.1% for export and 29.6% for import). In the period 1.I-31.V 2022, the Intra-EU27 trade in goods amounted to 27030.3 million euro for dispatches and to 35308.4 million euro for arrivals, representing 73.2% of total exports and 71.1% of total imports. In the period 1.I-31.V 2022, the Extra-EU27 trade in goods amounted to 9888.6 million euro for exports and to 14351.3 million euro for imports, representing 26.8% of total exports and 28.9% of total imports.
North Bucharest Investments anticipates a surge in international interest in the local real estate market following the launch of the Romanian Golden Visa program — a modern mechanism granting foreign investors a 5-year residence permit and the possibility to later apply for Romanian citizenship. The program, which allows eligible investments starting from €400,000 in real […]
Between October 21-25, Bucharest hosts the Climate Change Summit, the most important event in Central and Eastern Europe dedicated to climate action. The main event will take place on October 21 at the Palace of Parliament, featuring the participation of international leaders, decision-makers, and sustainability experts. CCS Week includes...
The works of several Romanian designers and artists will be on display at the Hôtel de Béhague in Paris, the headquarters of the Romanian Embassy, as part of the exhibition Valuable. The Romanian artists and designers included in the exhibition are Radu Abraham, Mircea Cantor, Bogdan Ciocodeică, Constantin Flondor, Cosmin Florea, Nona Inescu, Șerban Ionescu, […]
SCUT, Romania’s newest cybersecurity company, has officially launched the concept of the digital cyber shield — a unified approach, co-created with Orange Cyberdefense — that provides a high level of protection, complete visibility, and coordinated assistance in the event of a cyberattack. The event, organized in Bucharest, brought together industry experts, partners of the new […]
The Romanian engineering and technology company Simtel (BVB: SMTL) announced on Tuesday, October 14, that one of its companies will open a factory in Băicoi, Prahova, to produce industrial cleaning robots. Simtel has a 51% stake in Agora Robotics, the company that will operate the factory set to open in November. “We already have a […]
Over 50 civic and environmental organizations are calling on the General Council of the Municipality of Bucharest to increase fines for illegal deforestation. At the moment, the fine for the illegal cutting of a tree is only RON 50 (EUR 10), or even RON 25 (EUR 5) if paid within 15 days. The organizations have […]
