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.
Graffiti Plus (GRF+), active in Romania's communication consulting market, has signed the contract for the National Recovery and Resilience Plan (PNRR) funding for its listing on the AeRO market of the Bucharest Stock Exchange (BVB). GRF+ is also preparing to launch the private financing round it is conducting as a first step toward its debut […]
The wooden church from the village of Oncești, one of the oldest monuments in the heritage of the Maramureș Village Museum “Mihai Dăncuș” in Sighetu Marmației, has been restored. The church has now returned to the tourist circuit through the support provided by the US Ambassadors Fund for Cultural Preservation, in a project coordinated by […]
The Bucharest Stock Exchange (BVB) announced the establishment of its Corporate Governance Committee on Thursday, December 4, to support the implementation of the revised 2025 BVB Corporate Governance Code. Romania’s capital market recently celebrated 30 years of activity and is undergoing significant corporate governance reform. The revised BVB Corporate...
Daniel Băluţă, the mayor of Bucharest's District 4, signed the order to start work on the extension of the M4 subway line on Thursday, December 4. The investment is valued at EUR 3.5 billion and the route will be 11 kilometers long, between Gara de Nord and Gara Progresul railway stations. The extension will have 14 […]
Ten entrepreneurs and executives have launched Food Angels Hub, a community of investors dedicated to the food sector. The aim of the hub is to “develop and scale functional and profitable companies in the food, hospitality and food-tech sectors” and “turn Romania into a reference point for food innovation in the CEE region.” The founders […]
Romanian developer IULIUS announced that it secured a syndicated loan facility amounting to over EUR 305 million for its Palas Iași mixed-use complex. The financing is provided by a consortium made up of Erste Group Bank Austria, BCR, Raiffeisen Bank Romania, and Raiffeisen Bank International Austria. The loan will support the remodelling of Palas Iași […]
