Romania's exports to the U.S. in 2024 exceeded EUR 2.283 billion, as the country's U.S. imports stood at EUR 1.315 billion, which gave a trade surplus of EUR 968 million favouring Romania, according to data with Romania's National Institute of Statistics..High values of Romanian exports to the U.S. were recorded in following products: semi-finished products of iron or non-alloy steels - EUR 217.865 million; boards, panels, consoles, desks, cabinets, etc. - EUR 169.915 million; radar apparatus - EUR 104.171 million; seamless tubes, pipes and hollow profiles - EUR 77.139 million; ball bearings, roller bearings or needle bearings - EUR 75.978 million; electric motors and generators - EUR 72.758 million; ropes, cables and cordage - EUR 50.038 million; other alloy steel in ingots or other primary forms - EUR 47.37 million; pumps for liquids, whether or not fitted with a measuring device - EUR 42.847 million.As far as the U.S. imports are concerned, important values were recorded for: military weapons, other than revolvers, pistols - EUR103.687 million; bombs, grenades, torpedoes, mines, missiles, cartridges - EUR 29.969 million; parts and accessories for military weapons, revolvers and pistols, other firearms and devices using explosive charges, other weapons - EUR 14.909 million; other aircraft (helicopters, airplanes) - EUR 95.984 million; transmission apparatus for radio-broadcasting or television - EUR 68.398 million; petroleum oils/bituminous minerals - EUR 68.570 million; turbojets, turbopropellers and other gas turbines - EUR 58.901 million; flat-rolled products of stainless steels - about EUR 31 million; petroleum gases and other gaseous hydrocarbons - EUR 25.757 million.U.S. President Donald Trump announced on Wednesday that he will levy 20% tariffs on imports from the European Union (EU) as part of his trade war with countries around the world, according to the Spanish news agency EFE."You think of European Union [as] very friendly: they rip us off. It's so sad to say. It's so pathetic: 39% [they charge the U.S.]; we're gonna charge them 20%," Trump told an event at the White House.
Bergenbier celebrates three decades of presence on the Romanian market, consolidating its status as an emblematic brand in the beer industry. On this occasion, the brand celebrates the authentic moments that have united generations of friends around a beer. In the spirit of this anniversary, Bergenbier brings back the famous slogan "Friends Know Why", launched […]
Digital Nation and the Ministry of Education and Research announce a partnership for the implementation of Saro, a concrete and functional AI-based solution, in schools and universities across Romania — the most significant step within the ministry’s initiative to integrate Artificial Intelligence into education. The Ministry of Education and Research will support the implementation of […]
Apple and Nvidia, the world’s two most valuable companies by market capitalization, pledged over USD1tn towards the US electronics supply chain, presenting themselves as strategic allies in reshoring and industrial sovereignty efforts. However, a closer look reveals these politically symbolic gestures lack the genuine reshoring shifts claimed, posing hidden economic and geopolitical risks. High-profile promises […]
Symmetrica, the leading local producer of vibropressed pavers and curbs and the largest Romanian manufacturer in its sector, is entering the final phase of construction for its new factory in Bolintin Vale (Giurgiu County). This facility will be the largest concrete paving and slab production unit in both the company’s network and the Southeastern European […]
Young people aged between 16 and 18 in Romania will be able to establish and manage a new type of limited liability company (S.R.L.), which will be called a "firmă de exercițiu" (practice firm) and will have the abbreviation "S.R.L.-F.E.", according to a new project. A young person will be able to establish or acquire […]
Developer Skanska has signed an agreement to sell the first phase of the Bucharest office complex Equilibrium to Gordiusz Private Equity Fund, managed by Gránit Asset Management. The transaction value amounts to EUR 52 million. The Equilibrium office complex consists of two buildings in the business district Floreasca – Barbu Vacarescu. The first phase, which […]
