The volume of trade between Romania and Germany in the first half of 2021 reached 16.4 billion euros, up 20.5% from the same period in 2020, according to a statement from the Romanian-German Chamber of Commerce (AHK Romania) released on Wednesday.According to the latest data provided by the Federal Bureau of Statistics (Destatis), the volume of trade between Germany and Romania recovered significantly in the first half of 2021, as against the same period in 2020.German exports to Romania amounted to 9 billion euros, up more than 24% from the previous year, while imports from Romania to Germany rose to 7.4 billion euros (+17.2%).With a volume of trade of 16.4 billion euros (+20.5%) in the first six months of the year, Romania ranks 20th in the top of Germany's trading partners in the mentioned interval."That is a clear sign of recovery, given that the half-yearly figures reached pre-crisis levels. If we look at the dynamics of bilateral trade and the positive atmosphere regarding business in German companies operating in Romania, we expect - by the end of 2021 - the figures to increase even above the level of 2019 (about 32 billion euros)," according to Sebastian Metz, general manager and member on the Board of Directors of AHK Romania.AHK Romania is the official representative of the German economy and also the largest bilateral chamber of commerce in Romania.Established in 2002, AHK has over 550 member firms and provides companies with an important platform for networking, information and experience exchange.
If you’re searching for a hidden gem in Europe, Romania is calling your name. Tucked between the Carpathian Mountains and the Black Sea, this country is an untouched marvel, combining natural beauty, rich history, and endless opportunities for entrepreneurs and retirees alike. Romania offers a unique blend of modern life and ancient charm, making it […]
Let’s talk about the lack of connection with our body and how this is closely tied to burnout, plus, what to do about it. So often throughout the day, we live almost entirely in our minds. We’re focused either on what we have to do at the moment—tasks that increasingly demand mental effort over physical […]
Six men and one woman from Romania have been accused of recruiting dozens of children and adults from foster care centers, whom they then transported to Hungary, where they turned them into slaves, forcing them to work under inhumane conditions. The accused are from the localities of Ozun and Chilieni, Covasna County, Romania, and allegedly […]
The Museum of Collectivization, the first in Romania dedicated to the forced collectivization period of the communist era, is set to open a new wing, Corp B, funded through the EU-backed National Recovery and Resilience Plan (PNRR) and co-financed by the National Cultural Fund Administration (AFCN). With the new building, the museum located in Tămășeni, […]
Romania’s “Madrigal – Marin Constantin” National Chamber Choir, conducted by Anna Ungureanu, will be in Luxembourg and Belgium, as part of the “Bridges Across Europe/Punți peste Europa” European tour, where it will perform five extraordinary concerts. The performances will take place between November 20 and 25, with the help of the Ministry of Culture, the Romanian Embassy […]
The European Development Bank approved a EUR 140 million loan for Romania’s “Cultural Foundations” project, aimed at preserving historical monuments and constructing cultural buildings in the country. The project targets 14 investment objectives of national and European relevance, administered by public institutions under the Ministry of Culture, including the Romanian Athenaeum, the Romanian National Operas […]
