Romania imported 42,210 tons of coffee, coffee husks and coffee substitutes in 2014,with 3.2% less in the previous year, a publication of the INS shows. The total value of such imports reached last year 150,7 million euro, up by 1.47% against 2013. As regards the export of such products, they dropped by 60.3% namely 1.342 tons, 8.8 million euro respectively. The commercial deficit for coffee, coffee husks and coffee substitutes was 141.9 million euro, up by 3.61% in 2014 against the previous year. Romania imported most quantities of coffee from Germany, 9,270 tons (38.1 million euro) and exported 342 tons to Bulgaria (1.9 million euro). According to INS,Romania had during last year commercial relations with 212 countries. Even so, the majority of international trade relied on some dominant partner countries. In 2014, most important 10 export markets were 63.2% of the total of Romania’sexports, while the first 10 partner countries for import made 67.5% of the total of imports. The value of imports made byRomania surpassed 58.5 billion euro, up by 5.8% against the previous year, the biggest share of this kind of trade being with countries in the EU, 75.4% of the total, shows the INS data. 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 fund Cultura Face Bine, a national funding mechanism for cultural projects backed by private-sector financing, will begin supporting local cultural organizations in 2026. The fund aims to support grassroots cultural initiatives with a proven impact in their communities and which need resources to continue, develop, or transform their activities. The funding mechanism has been […]
The European Commission (EC) announced on Thursday, December 11, that it is referring Romania to the Court of Justice of the European Union (CJEU) for failing to meet obligations under Ambient Air Quality Directives. According to the Commission, Romania has not ensured that its national air quality monitoring network complies with legally required standards on […]
The Bucharest Court of Appeal (CAB) held an unprecedented press conference on Thursday, December 11, in response to allegations raised in a recent media investigation published by Recorder, with court president Liana Arsenie firmly rejecting the claims. However, at the start of the press event, a judge from within the institution publicly stated that the […]
Romania’s Superior Council of Magistracy (CSM) issued its first response to the Recorder documentary alleging systemic manipulation within the justice system, calling the investigation an amplification of a “campaign to destabilize judicial authority.” The council said on Thursday, December 11, that it will evaluate what measures need to be taken following the report. In a […]
MedLife, Romania’s largest private medical services network, announced on Wednesday, December 10, that it reached a market capitalization of EUR 1 billion on the Bucharest Stock Exchange (BVB). The milestone secures its position as “the most valuable healthcare company” in the country. The achievement came nine years after MedLife’s listing on BVB in December 2016, […]