- In the period 1.I-31.VIII 2021, the FOB exports amounted to 48184.7 million euro and the CIF imports amounted to 62787.0 million euro. - In the period 1.I-31.VIII 2021, the exports increased by 24.4% and the imports increased by 24.9%, compared to the period 1.I-31.VIII 2020. - In the period 1.I-31.VIII 2021, the FOB-CIF commercial deficit was of 14602.3 million euro, 3087.7 million euro more than in the period 1.I-31.VIII 2020. - In August 2021, the FOB exports amounted to 5672.0 million euro and the CIF imports amounted to 7401.3 million euro, a commercial deficit of 1729.3 million euro being registered. - Compared to August 2020, the exports increased by 23.3% and the imports increased by 21.1% in August 2021. Romania's trade balance deficit (FOB / CIF) amounted to 14.602 billion euros in the first eight months of the year, up 3.087 billion euros from the same period last year, show the data of the National Institute of Statistics (INS), published on Monday.According to official statistics, between January 1 and August 31, 2021, FOB exports amounted to 48.184 billion euros, while the amount of CIF imports was 62.777 billion euros.In this context, Romania's exports increased by 24.4%, and imports by 24.9%, compared to the reference period analyzed by INS.Important shares in the structure of exports and imports are held by the product groups: transport machinery and equipment (46.7% for export and 36% for import) and other manufactured products (30.5% for export and 30.1% for import).The value of intra-EU trade in goods, between January and August 2021, was 35.134 billion euros for shipments and 45.694 billion euros for introductions, the equivalent of 72.9% of total exports and 72.8% of exports. total imports.Also, the value of extra-EU27 trade in goods was, in the mentioned interval, of 13.050 billion euros for exports, respectively 17.092 billion euros for imports, representing 27.1% of total exports and 27.2% of total imports.At the level of August this year, FOB exports amounted to 5.672 billion euros, and CIF imports 7.401 billion euros, resulting in a deficit of 1.729 billion euros. At the same time, compared to August 2020, exports in August 2021 increased by 23.3%, while imports increased by 21.1%.
Construction and real estate development company Novarion has announced its intention to list on the AeRO market of the Bucharest Stock Exchange by the end of the year or at the beginning of next year. Listing will take place following a EUR 70,000 grant obtained through the EU-backed National Recovery and Resilience Plan, or PNRR. […]
“The Robot Cellist,” the visionary project of international artist Fredrik Gran, will perform during GoTech World 2025, the largest IT and digital solutions expo-conference for the business environment in Central and Eastern Europe. Created by Swedish composer Fredrik Gran, “The Robot Cellist” reinterprets the cello through technology, blending tradition with innovation. It has already appeared […]
Romania is 7th in a ranking of the fastest Wi-Fi connections available onboard trains in 18 countries in Europe and Asia, according to an analysis by internet speed testing service Ookla. With a median download speed of 12.46 Mbps, Romania offers Wi-Fi more than twice as fast as Italy (4.78 Mbps) and Poland (4.72 Mbps), […]
Bucharest’s Botanical Garden will once again be illuminated this fall as the “Garden of Lights – Small World” exhibition opens to the public on October 24. The nighttime event will feature thousands of light installations, colorful lanterns, multimedia projections, and interactive displays inspired by landmarks and cultures from around the world. Visitors will embark on […]
The Metropolis Foundation announced the start of construction works on Romania’s largest pediatric psychiatry hospital, a project valued at over EUR 16.5 million. The new facility will be built within Bucharest’s “Prof. Dr. Alexandru Obregia” Psychiatric Hospital. The 3,900 sqm building will include modern wards, medical offices, occupational and virtual reality therapy rooms, sensory and […]
Global enterprise AI agent platform Wonderful announced on Monday, October 13, that it entered the Romanian market and appointed Lucia Stoicescu as Country Manager. Founded in early 2025 by Bar Winkler (CEO) and Roey Lalazar (CTO), Wonderful provides an integrated agent platform allowing enterprises to build, manage, and monitor AI agents serving customers. Winkler previously […]
