- In November 2021, the FOB exports amounted to 7087.7 million euro and the CIF imports amounted to 9246.7 million euro, a commercial deficit of 2159.0 million euro being registered. - Compared to November 2020, the exports increased by 17.5% and the imports increased by 21.5% in November 2021. - In the period 1.I-30.XI 2021, the FOB exports amounted to 68166.4 million euro and the CIF imports amounted to 89536.2 million euro. - In the period 1.I-30.XI 2021, the exports increased by 19.4% and the imports increased by 21.7%, compared to the period 1.I-30.XI 2020. - In the period 1.I-30.XI 2021, the FOB-CIF commercial deficit was of 21369.8 million euro, 4929.5 million euro more than in the period 1.I-30.XI 2020. Romania's trade balance deficit (FOB / CIF) amounted to 21.369 billion euros in the first 11 months of 2021, up by 4.929 billion euros compared to the same period in 2020, show data from the National Institute of Statistics (INS), published on Monday.According to the INS, in November 2021, FOB exports amounted to 7.087 billion euros, and CIF imports amounted to 9.246 billion euros, resulting in a deficit of 2.159 billion euros. Compared to November 2020, exports increased by 17.5% and imports by 21.5%.Between January 1 and November 30, 2021, FOB exports amounted to 68.166 billion euros (increase by 19.4% from the similar period of 2020) and CIF imports amounted to 85.536 billion euros (+21.7%).During the first 11 months of last year, important shares in the import and export structures are held by the following product groups: machinery and transport equipment (45.2% in export and 35.3% in import) and other manufactured products (30.6% for export and 30% for import).The value of intra-EU trade in goods between January 1 and November 30, 2021 was 49.638 billion euros in exports and 65.013 billion euros in imports, representing 72.8% of total exports and 72.6% of total imports.The value of non-EU27 trade in goods between 1 January and 30 November 2021 was 18.527 billion euros in exports and 24.522 billion euros in imports, accounting for 27.2% of total exports and 27.4% of total imports.
Real estate developer Globalworth has begun construction on Green Court D, the fourth building in its Green Court office complex in Bucharest’s Aurel Vlaicu area. Scheduled for completion in 2027, the project is now in its preliminary phase, which includes enclosure works and excavation for the basement structure, the company said. The new building will […]
Romania’s National Committee for Emergency Situations decided to distribute drinking water from the state reserves to 13 localities in the counties of Prahova and Dâmboviţa. The area was severely impacted by a drop in water levels at the Paltinu Dam, leading to problems in the water distribution system and affecting over 100,000 people, local hospitals, […]
Rock star Marilyn Manson will return to Romania next summer to perform at Rockstadt Extreme Fest, organizers announced on Tuesday, December 2. He is among the headliners confirmed for the local rock and metal festival, which will take place from July 27 to 31 in Ghimbav, Brașov county. “For the first time ever, Marilyn Manson […]
Romania’s government has assumed responsibility in Parliament for legislation reforming magistrates’ pensions, prime minister Ilie Bolojan announced on December 2. He said the draft law had received the opinion of the High Court of Cassation and Justice, noting that the court’s assessment was negative. It is the government’s second attempt to have the bill promulgated, […]
Romania Education Alliance (REA), the first private school network in the country, announced it has exceeded the milestone of 1,000 students enrolled across its member schools just one year after launch. "The fact that we surpassed 1,000 students in our very first year of activity shows that the REA model addresses a real need in […]
Genesis College, one of the largest private educational institutions in Romania, announced the regulatory approval of the transaction through which the investment firm Mozaik Investments becomes its majority shareholder. The transaction, signed at the end of July, received all necessary approvals from the Competition Council on November 25, and, formally, the entire investment procedure is […]
