*1.2 billion euros - the positive contribution of the tobacco sector to Romania's trade balance last year According to the recent data published by the National Institute of Statistics (INS), the total value of exports of raw and processed tobacco products, such as cigarettes and tobacco consumables for heating products, amounted to 1.68 billion euros in 2023, representing an increase of 200 million euros compared to the previous year. BAT Romania, the largest player on the local tobacco market, exports about 70% of the volumes produced in Ploiesti (cigarettes and tobacco consumables for glo), where the group’s second largest factory in Europe is located and where more than 500 million euros have been invested so far. The total value of raw and processed tobacco imports in 2023 was around 412 million euros, thus the positive contribution of the tobacco sector to Romania’s trade balance increasing to over 1.2 billion euros, as compared to 1.1 billion euros in the previous year. According to the data published by the INS, the volume of exports of tobacco products increased by more than 300 million euros in the last 3 years, evolving from 1.34 billion euros in 2021 to a total volume of more than 1.68 billion euros last year. Also, according to the INS, in 2023 tobacco products represented over 43% of the total exports of food products, beverages and tobacco. “Our factory in Ploiesti is an eloquent example of our commitment to building A Better Tomorrow™, with constant investments in technological innovation, sustainability and continuous professional development of the over 1,000 employees, to the standards of a company of the future. We remain a strategic partner in the economic growth of Romania, with direct and indirect investments, a positive contribution to the country’s trade balance, and significant contributions to the state budget in taxes and excise “, said Jorge Araya, South-Eastern Europe Area at BAT and GM of BAT Romania.
On Monday, January 13, officials at the Cantacuzino Hospital in Bucharest alerted police that a man stole three amputated legs from the storage area. While two were later found, the third is still missing. The incident took place three days prior, on January 10, and was captured by surveillance cameras. Images published by Euronews Romania […]
The General Prosecutor's Office announced on Wednesday, January 15, that criminal prosecution has been initiated again against former president Ion Iliescu and ex-prime minister Petre Roman in the case targeting the violent crackdown of the protests in Bucharest's University Square on June 13-15, 1990, also known as the Mineriada (miners' riot). The two are facing […]
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Roborock, a global leader in intelligent cleaning solutions, announces the launch of its latest innovation, the Roborock Qrevo Curv, a state-of-the-art robot vacuum and mop designed to redefine home cleaning. This revolutionary product combines cutting-edge technology with an innovative cleaning system to offer an unparalleled cleaning experience for consumers. "Roborock Qrevo Curv represents a new […]
Bucharest mayor Nicușor Dan announced that his administration will draw inspiration from the Icelandic model to combat and prevent drug use among young people. The mayor also stated that building a medical facility dedicated to those struggling with addiction is being considered, using spaces belonging to Colentina or Obregia hospitals. “As Bucharest residents decided through a […]
A young deer trapped in the icy waters of a pond near Fălticeni, Suceava county, was recently saved by a team of firefighters. According to the Emergency Situations Inspectorate, which shared a short video of the rescue mission, the fawn had attempted to cross the frozen pond, but the thin ice cracked beneath its weight, […]
