Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. The International Furniture Fair BIFE-SIM to take place...

The International Furniture Fair BIFE-SIM to take place in September at Romexpo

May 12, 2022

The 31st edition of the International Furniture Fair, equipment and accessories BIFE – SIM will take place between 22- 25 September at Romexpo.In this context, the minister of entrepreneurship and tourism, Constantin-Daniel Cadariu met on Wednesday with Mihai Daraban, the chairman of the Chamber of Commerce and Industry of Romania, Ionel Gagu, chairman of the Board Romexpo and chairman of the Chamber of Commerce, Industry and Agriculture Buzau, the leadership of the Association of the Furniture Producers, producers of furniture and specialists in the ministry of entrepreurship and tourism (MAT).According to a MAT press release, minister Cadariu presented the programmes developed at the level of the institution for the support of Romanian export, showing that, even the organisation of international fairs in Romania with participation of foreign guests (companies, officials) represents an instrument for the promotion of the Romanian export.‘BIFE-SIM is Romania’s fair which gathers the most important furniture and equipment producers for wood manufacturing and, at the same time, an extraordinary occasion for the industry to make their offer known, after two years of pandemics and especially in the context of the crisis in Ukraine. It is necessary to unite our forces so that this exhibition be a real success. That is why we have gathered at this table, all decision makers who can put to value this objective. From the perspective of the minister, we commit to actively promote the event on the targeted foreign markets through economic advisors and we want to identify a viable solution, so that we encourage and support the participation of the Romanian producers’ the minister of entrepreneurship and tourism said.A special attention was granted, similarly, to aspects connected to the visibility of the event, namely to drawing a higher number of visitors to the fair, objective which can contribute to the measures for the stimulation of the national consumption of Romanian furniture.

Read in full - click here
Romanian retailer La Cocoş surpasses RON 1 bln turnover in 2024

Romanian retail chain La Cocoş recorded a turnover of RON 1.18 billion (EUR 237 million) in 2024, marking a 20.7% y/y increase and becoming the first domestically owned retailer to exceed the RON 1 billion benchmark, according to Ziarul Financiar. Founded in 2014 by entrepreneur Iulian Nica, La Cocoş...

ING affirms yearend projection for Romania's currency at RON 5.1 to EUR

Even though Romania's currency, RON (leu), has depreciated relatively steeply in the past weeks, compared to historic low volatility, ING Romania maintains its exchange rate forecast for this year and argues that the national currency could recover from recent losses.  "However, it is important to look at the bigger picture: financial markets can often have […]

Romania's industry shrinks by 4.2% y/y in Q1

Romania's industrial production index contracted by 4.2% y/y in Q1 and neared the lowest level in the past three years, according to the statistics office INS. The seasonal and workday-adjusted index (-0.4% q/q) has followed a visible downward trend after the post-Covid recovery in 2021 and 2022.  The seasonal and workday-adjusted index in Q1 was […]

Net FDI to Romania down 29% y/y to 1.4% of GDP in 12 months to March

The net foreign direct investments to Romania contracted by 29% y/y to EUR 4.87 billion in 12 months to March 2025, after a 33% y/y contraction (to EUR 1.67 billion) in Q1, according to data published by the National Bank of Romania (BNR).  The net foreign direct investments accounted for only 1.4% of the GDP […]

Romania’s CA deficit up 50% y/y to 9.3% of GDP in 12 months to March

Romania’s current account (CA) deficit rose by 50% to EUR 33.0 billion in 12 months to March 2025, after a sharp 82% y/y surge (to EUR 7.7 billion) in Q1, according to data published by the National Bank of Romania (BNR).  The CA gap reached 9.3% of GDP (based on the latest available 4-quarter GDP […]

Romania's public deficit exceeds 2.9% of GDP in January-April

Romania's general government budget deficit hit 2.94% of GDP in January-April (RON 56.2 billion, or EUR 11 billion), up from 2.3% of GDP in Q1, according to Ziarul Financiar and