Romania imported 6,190 tons of perfume worth 69.9 million euro last year, up by 54.6% against the previous year,a publication of INS says. At the same time, they exported 813 tons by 22.4% more than in 2013. The total value of perfume exports was 21.3 million euro. The biggest quantity was imported from the UK, 2024 tons (720,000 euro) and Poland – 2,245 tons(18.4 million euro). As regards export, the biggest quantity went to Bulgaria – 388 tons (4.8 million euro) and the Republic of Moldova – 102 tons (878,000 euro). Last year Romania exported 1,764 tons of beauty products and make –up and skin care products worth 23.9 million euro and imported 13,054 tons worth 107,5 million euro. According to INS, Romania had last year, trading relations with 212 countries. Even so, the majority of the international trade was with some dominant partner countries. In 2014, the most important 10 export markets represented 63.2% of the total of Romania’s exports, lwhile the first 10 partner countries for import made 67.5% of the total of imports. The value of imports made by Romania in 2014 surpassed 58.5 billion euro, up by 5.8% against the previous year, the highest share of this kind of trade being with the countries in the EU, 75.4% of the total, the INS data show. According to the statistics, at the level of last year, the value of imports from Germany was by 9.5% higher than the previous year, the mostly frequently traded products being represented by cars, apparata and electrical equipment, recording equipment and image recording equipment,transport means and transport materials, metals , chemical products, textiles.
The 2025 edition of the year’s first major film fest in Europe (and one of the biggest worldwide), the Berlin International Film Festival, took place between 13 and 23 February. My notes come with a bit of delay, as I was also hit by the festival flu that got so many of us sniffling and […]
In the absence of current negative influences, Romania’s economy could have an annual growth potential of 3-4%. Political instability and global geopolitical risks are dampening growth. Economic growth in 2024 was driven by wage increases and accelerating consumption, satisfied however largely through imports. Due to a decline in domestic economic competitiveness, net exports contributed negatively […]
The Bucharest Stock Exchange (BVB) announced on Thursday, March 13, the launch of a new financial education section on the BVB Research Hub platform, dedicated to retail investors. The capital market operator said that it started this project out of the need to increase the level of financial education and promote the investment culture. It […]
The Romanian governing coalition's presidential candidate, Crin Antonescu, announced on Thursday, March 13, that he is launching a podcast designed to popularize his candidacy before the May elections. Antonescu, who is backed by the alliance made up of the Liberals (PNL), Social Democrats (PSD), the Democratic Alliance of Hungarians (UDMR), and the minorities, stated that he will […]
Some 4,500 teachers will learn about rights and responsibilities online, accessibility, inclusion, online well-being, and ethics as part of Incubatorul Civic Digital (ICD - The Civic Digital Incubator), a digital citizenship and democratic culture project implemented by Institutul Intercultural Timișoara, Asociația TechSoup and Școala de Valori. The project, which offers free training, is aimed at […]
Mihaela Murariu, Attorney at Law at Grecu Partners Business Law Firm, analyzes the impact of Artificial Intelligence on personal data protection. Artificial intelligence (AI) has become a ubiquitous technology, used in more and more fields, from marketing and healthcare to recruitment and financial services. However, the widespread use of AI raises numerous questions about privacy […]
