Romania will remain a grain-exporting state for a long time ahead, as it produces more raw materials than it consumes, says Agriculture and Rural Development Minister Adrian Chesnoiu.He mentioned that reducing the trade deficit in agri-food products has become a goal for "everyone," although this did not happened in recent years. The only years in which Romania had a surplus in trade in agri-food products were 2013 and 2014, with an increase of 300 million euros and 500 million euros, respectively, while last year there was a deficit of over two billion in this sector."It was 2.2 billion last year. Everyone proposes [deficit reduction]. The trade balance has become a goal for everyone, but practically nothing has happened. Romania will remain a grain exporter for a long time ahead, because that has been our history. We must be realistic: we produce much more raw material than we consume. Instead, what we need to do is understand the market mechanisms," Adrian Chesnoiu said.In this context, the minister says that when it comes to building a strategic plan, it is important to think about the effects it has over time, over a short, medium and long term. "When it comes to processing, you need to have large capacities, farmers to be associated in producer groups or cooperatives so that as much raw material as possible is processed at the lowest possible cost, because in the food industry and in the processing industry the profit margins are very low," said the MADR chief.Last year, bakery products ranked second in terms of imports, after pork, but the minister said it was not about bread imports, "an image that has spread in the press that we produce wheat and import frozen bread."
A former pastor from California has been accused of sexual abuse and child trafficking at a shelter he ran in Bucharest, according to lawsuits filed by two Romanian men in the California District Court, AP reported. The complaints, filed by 33-year-old Marian Barbu and 40-year-old Mihai-Constantin Petcu, reportedly say that former pastor and missionary of […]
Four cities, namely Bistrița, Deva, Oradea, and Tulcea, have submitted bids to become Romania’s Youth Capital in 2027, organizers announced after the first round of applications closed on September 15. The competition, inspired by the European Youth Capital program, highlights cities’ commitment to investing in young people and involving them in community life. “The fact […]
Revolut Bank UAB has appointed Florina Moisei as the new Country Manager of its Romanian branch. The digital bank has about 4.5 million users in the country. According to the company, Florina Moisei brings over 20 years of experience in the financial-banking sector, with a strong focus on risk management, operational efficiency, and business development. […]
Three projects coordinated by schools and institutions from Romania have been designated winners of the European Award for Innovative Teaching 2025, granted by the European Commission. The projects, designed by schools from Bucharest, Harghita, and Iaşi, tackle a range of issues. The awarded projects are: Rangers of Change, by Secondary School no. 195 from Bucharest […]
Romania has one of the lowest levels of property taxation in the European Union, with annual payments averaging under EUR 100 per person - more than seven times below the EU average, real estate consultancy Cushman & Wakefield Echinox said in an analysis based on Eurostat data. The study found that Romania collects property tax […]
The City Hall is set to hold a series of events dedicated to the Bucharest Days celebration on the weekend of September 20-21, including open-air concerts, theater performances, film screenings, exhibitions, and guided tours. The event starts with "Open Streets - Bucharest. Urban Promenade," which will bring to life this anniversary weekend on Calea Victoriei […]
