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.
East Grain Group and Poultry Investment SA have acquired the 45% stake previously held by UBM Group in UBM Feed Romania, thus becoming equal shareholders in one of Romania's largest feed producers, which will now operate under the brand Protena. East Grain is controlled by Czech agri-food group Agrofert, one of the largest agribusiness groups […]
The Foreign Investors Council (FIC) has appointed Ruxandra Băndilă as its executive director. Băndilă will coordinate FIC's activity and "will contribute to strengthening the dialogue with authorities, consolidating the organization's positioning as a reliable partner in promoting a stable and predictable business environment, as well as supporting Romania's becoming a competitive and attractive destination for […]
Romania’s European projects and investments minister, Dragoș Pîslaru, announced that he will notify the European Public Prosecutor’s Office (EPPO) regarding the purchase of electric minibuses for students with EU funds. The minister said that “multiple dysfunctions” were noted in how the EU funds were used in the project. Aside from notifying the EPPO, the minister […]
Only about 44% of employees in Romania say they have used AI in the past year, while the average usage rate in the 48 countries included in the report was 57%, according to the PwC Workforce Hopes and Fears Survey 2025 report. India and Vietnam are at the top, with 84%, followed by China (78%). […]
A new four-star hotel is set to rise next to Bucharest’s Henri Coandă International Airport, following a EUR 45.5 million investment announced by real estate developer D. GROUP. The Wyndham Garden Bucharest Airport Hotel, scheduled to open in July 2027, will introduce the Wyndham Garden brand to Romania for the first time. Located 150 metres […]
Romania ranks 3rd in a European heatwave vulnerability ranking and will experience 3 heatwave events annually, lasting 17 cumulative days with average temperatures of 36.82°C, placing it ahead of all Mediterranean countries, according to new research from climate system experts at Reinders Corporation. The study analysed climate modelling data, heatwave frequency, and average temperatures across […]
