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.
North Bucharest Investments anticipates a surge in international interest in the local real estate market following the launch of the Romanian Golden Visa program — a modern mechanism granting foreign investors a 5-year residence permit and the possibility to later apply for Romanian citizenship. The program, which allows eligible investments starting from €400,000 in real […]
Between October 21-25, Bucharest hosts the Climate Change Summit, the most important event in Central and Eastern Europe dedicated to climate action. The main event will take place on October 21 at the Palace of Parliament, featuring the participation of international leaders, decision-makers, and sustainability experts. CCS Week includes...
The works of several Romanian designers and artists will be on display at the Hôtel de Béhague in Paris, the headquarters of the Romanian Embassy, as part of the exhibition Valuable. The Romanian artists and designers included in the exhibition are Radu Abraham, Mircea Cantor, Bogdan Ciocodeică, Constantin Flondor, Cosmin Florea, Nona Inescu, Șerban Ionescu, […]
SCUT, Romania’s newest cybersecurity company, has officially launched the concept of the digital cyber shield — a unified approach, co-created with Orange Cyberdefense — that provides a high level of protection, complete visibility, and coordinated assistance in the event of a cyberattack. The event, organized in Bucharest, brought together industry experts, partners of the new […]
The Romanian engineering and technology company Simtel (BVB: SMTL) announced on Tuesday, October 14, that one of its companies will open a factory in Băicoi, Prahova, to produce industrial cleaning robots. Simtel has a 51% stake in Agora Robotics, the company that will operate the factory set to open in November. “We already have a […]
Over 50 civic and environmental organizations are calling on the General Council of the Municipality of Bucharest to increase fines for illegal deforestation. At the moment, the fine for the illegal cutting of a tree is only RON 50 (EUR 10), or even RON 25 (EUR 5) if paid within 15 days. The organizations have […]
