Romania's FOB/CIF trade balance deficit as of end-May stood at EUR 12.288 billion, by EUR 1.230 billion higher (+11.1 pct) compared to the same period of the previous year, as FOB exports dropped 2.9 percent to EUR 38.236 billion, and CIF imports inched up 0.2 percent to EUR 50.824 billion, shows data released on Wednesday by the National Institute of Statistics (INS).The product groups with a significant share of the country's trade in the reporting period were machines and transport equipment (47.1 percent for exports and 36.5 percent for imports) and other manufactured products (29.6 percent for exports and 28.5 percent for imports, respectively).Intra-EU27 trade exchanges over January - May 2024 amounted to EUR 27.999 billion on the outbound and EUR 37.511 billion on the inbound, representing 72.7 percent of total exports and 73.8 percent of total imports, respectively.Extra-EU27 trade exchanges over the same period amounted to EUR 10.537 billion for exports and EUR 13.313 billion for imports, representing 27.3 percent of total exports and 26.2 percent of total imports.FOB exports in May 2024 totaled EUR 7.241 billion, and CIF imports stood at EUR 10.213 billion, resulting in a deficit of EUR 2.971 billion. Year-over-year, exports this May were 16.2 percent lower, and imports shrank 5.6 percent.
The Romanian stock market benchmark – the BET Index – officially crossed the 20,000-point threshold on Tuesday, July 25, 2025, marking a major milestone in its recent surge. The BET has gained about 7.5% in the last month, setting several new record highs on its path to 20,000 points. However, the Bucharest Stock Exchange’s recent […]
If you operate as a crypto broker, you might have come across a crypto broker program — a specialized service designed to enhance broker operations, expand service offerings, and optimize how they serve their end clients. These platforms have grown in popularity, offering streamlined access to the digital asset space with tools designed to suit both […]
For its 2025-2026 season, the George Enescu Philharmonic will bring to Bucharest more than 70 Romanian and foreign conductors and soloists of top level, 75% of whom are present for the first time in its artistic programming, the institution said. Among the names that will take the stage of the Romanian Athenaeum in Bucharest starting this […]
The Neuman House, a protocol residence for former communist dictator Nicolae Ceaușescu situated in the city of Arad, in western Romania, is up for sale for EUR 2.4 million, according to an online listing by an international agency specializing in luxury property brokerage cited by Agerpres. The building belonged to the noble Neuman...
During a press conference held on Tuesday, July 29, Romanian prime minister Ilie Bolojan presented the main measures from the magistrates' pension reform project, which will be included in the third fiscal package. The project includes raising the retirement age and capping pensions. The reform is urgent and necessary, said the official, who also warned […]
UNICEF has launched the Romanian-language version of the podcast On My Mind (În Mintea mea), created to support young people's mental health, with the support of global streaming platform Spotify. The Romanian-language version of the podcast complements the work carried out by UNICEF in Romania, which is currently implementing an initiative aimed at promoting the […]
