- In March 2022, the FOB exports amounted to 8226.2 million euro and the CIF imports amounted to 10797.7 million euro, a commercial deficit of 2571.5 million euro being registered. - Compared to March 2021, the exports increased by 26.0% and the imports increased by 22.9% in March 2022. - In the period 1.I-31.III 2022, the FOB exports amounted to 22035.3 million euro and the CIF imports amounted to 29203.7 million euro. - In the period 1.I-31.III 2022, the exports increased by 24.4% and the imports increased by 26.7%, compared to the period 1.I-31.III 2021. - In the period 1.I-31.III 2022, the FOB-CIF commercial deficit was of 7168.4 million euro, 1830.5 million euro more than in the period 1.I-31.III 2021. The trade deficit between January 1 and March 31, 2022 was 7.168 billion euros, by 1.830 billion euros higher than in the same period of last year, according to the National Institute of Statistics (INS).During the analyzed period, the exports were worth 22.035 billion euros, being higher by 24.4%. At the same time, imports amounted to 29.203 billion euros, up 26.7%.Romanians imported cars and transport equipment the most, worth 9.554 billion euros, by 11.5% more than last year.The largest exports were also in the category of transport machinery and equipment (9.463 billion euros, up 7.8%).As of March 2022, exports amounted to 8.226 billion euros and imports to 10.797 billion euros, resulting in a deficit of 2.571 billion euros.Compared to March 2021, exports in March 2022 increased by 26.0% and imports were higher by 22.9%.
Romania’s central bank (BNR) on November 12 decided to keep the monetary policy rate at 6.5%, in line with the consensus expectations. It has also updated the Inflation Forecast, anticipating a widening aggregate demand deficit with an impact on the disinflation trajectory, particularly after the end of September 2026, when the transitory inflation episode subsides. […]
Dominic Fritz, the mayor of Timișoara and leader of the Save Romania Union (USR) party, announced on Thursday, November 13, that he has passed the interview required to obtain Romanian citizenship, receiving a positive decision from the authorities. Born and raised in Germany, he has lived in Romania for more than two decades. Fritz shared […]
Lion’s Head Investments, part of AG Capital, has officially started the construction works for Lion’s Head Logistics Park - the company’s first such project in Romania. The development will span over 85,000 sqm in Popești-Leordeni on the outskirts of Bucharest, with an investment of EUR 65 million. The investment is supported by the International Finance […]
ASSIST Software, a Romanian technology company leading in artificial intelligence and defence simulation, joined senior officials and industry leaders at the Conference on Defence Industrial Cooperation between Germany and Romania. Organized by AHK Romania under the patronage of the President of Romania, the event on November 10 highlighted Romania’s growing role as a strategic technology […]
Radisson Blu Hotel, Bucharest, Romania’s largest five-star hospitality complex and a flagship property within the Radisson Hotels portfolio, has been recognized with multiple international and national awards, underscoring its continued commitment to excellence, innovation, and guest satisfaction. At the 32nd Annual World Travel Awards – Europe Gala Ceremony, held in Sardinia, Italy, Radisson Blu Hotel, […]
The public is invited to discover a spectacular festive concept inspired by the charm of the Victorian era Corinthia Grand Hotel du Boulevard will officially start the winter holiday season, lighting up Bucharest’s first Christmas decorations on 24 November at 7:00 PM, symbolically marking the opening scene of the city’s festive celebrations. The hotel transforms into […]
