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.
Romanian prime minister Ilie Bolojan, on November 19, in an interview given to ProTV and quoted by Hotnews.ro, explained that the pension-wage cumulation ban will apply only to the so-called special pensions, namely those not based on past contributions, as opposed to all pensions as implied by Social Democrat (PSD) labour...
Statements by Romanian prime minister Ilie Bolojan about cutting by 10% the total personnel budget for all ministers and other similar contracting units, as opposed to only the central administration of the respective bodies, prompted on November 19 a radical reaction from the Social Democratic Party (PSD) and trade unions in the public sector. No […]
Romania’s Ministry of Labour unveiled for public consultations the revised law on magistrates’ pensions, and the government, in a press release, expressed its hope that the approval process, including by the Superior Council of Magistracy (CSM), will proceed expeditiously. However, CSM vice president Claudu Sandu has already publicly rejected the law as insufficient. The bill is […]
PPC, the largest power supplier in Greece, also active in Romania with distribution, production, and supply operations after it took over Enel's operations in the country, announced at the Capital Markets Day event investment plans worth EUR 3 billion over the next three years in Romania, according to Economica.net....
The Romanian authorities will prepare framework legislation aimed at smoothing the sale of Lukoil's assets, including Petrotel refinery, according to Digi24, citing sources familiar with the negotiations. Initially, minister of energy Bogdan Ivan said Romania must take...
Romgaz will not make investments in carbon capture (CCS) capacities until the projects are technically, economically, and commercially feasible, said Gabriela Trâmbițaș, the state-owned company's financial director, during the conference call with analysts following the publication of the third-quarter financial results, according to
