The European Union exported 4.82 million tons of wheat in the first months of 2024-2025 season, 23% less than the 6.25 million tons exported in the same period of the previous season, the European Commission announced on Tuesday, which mentioned however that data were not complete, Reuters informs. Over July 1 – September 8, 2024, Romania was the biggest wheat exporter in EU, with 1.72 million tons, followed by Lithuania (620,000 tons), Bulgaria (550,000 tons), Germany and France (both with 500,000 tons). In the first two months of 2024-2025 season, EU exported 1.321 million tons of barley, on the drop by 34% against the same period of the 2023-2024 season, as well as 184,023 tons of corn, on the drop by 20% annually. Both for barley and corn, Romania was the biggest exporter in EU, with 824,640 tons of barley and 104,169 tons of corn in the first two months of the farming season starting on July 1, 2024. As for imports, EC data show that EU wheat imports remained the same, at 1.373 million tons, while corn imports grew by 20% to 3.848 million tons. Ukraine was the biggest supplier of corn and wheat in EU over July 1 – September 8, 2024, with 2.297 million tons, and 866,658 tons respectively. Among member states, Spain was the largest wheat importer in EU at the beginning of 2024-2025 season, with 810,000 tons. Also Spain was the biggest corn importer in EU, with 1.28 million tons imported in the mentioned period. The European Commission pointed out that export data in France are incomplete since the beginning of 2024, while export and import data for Bulgaria and Ireland are incomplete since the beginning of the 2023-2024 farming year. France is the largest wheat exporter in EU and Bulgaria is an important wheat supplier.
This autumn, a mature linden tree on the campus of the British School of Bucharest (BSB) was relocated to a new position within the school grounds to make space for the development of new sports facilities. The operation, supervised by two UK specialists from Ruskins Trees & Soil Biology Ltd, represents the first such relocation […]
Romania continues to record the largest value-added tax gap in the European Union, losing around one-third of both VAT and corporate tax revenues, according to an analysis by PwC Romania based on the VAT Gap in Europe report by the European Union. The country has held the top position in VAT non-collection for the past […]
Romanian companies recorded higher profitability than peers in Bulgaria, the Czech Republic, Hungary, and Poland across nine economic sectors, positioning Romania among the most attractive regional markets for investors in selected industries, Ziarul Financiar reported, citing a joint study by the Bucharest...
Romania ranks 19th globally for mobile internet speed, surpassed not only by advanced economies in the region but also by neighboring countries, which have accelerated investments in mobile infrastructure and managed to achieve faster and more stable connections, according to Economica.net,...
Romania added 2.5 GW this year to its total solar power capacity, 45% more than last year and roughly one third of the total capacity expected at the end of the year (7.6 GW), according to Economica.net, citing data from the latest report by Solar Power Europe, the European photovoltaic industry association. The performance, combined […]
The volume of net investments in Romania’s economy rose by 8.8% y/y in Q3 in comparable prices, accelerating from a sluggish +1.0% y/y rate in H1, according to data published by the statistics office INS. The rebound points to stronger capital formation after a weak start to 2025. Indeed, gross fixed capital formation rebounded to […]
