The trade balance deficit (FOB/CIF) increased by 17.7pct up to 30.054 billion euros January through November, 2024, higher by 4.518 billion euros (+17.7%) compared to the deficit recorded in the same period last year, according to data released by the National Institute of Statistics (INS) on Friday.According to the INS, in the first nine months of the year, important shares in the structure of exports and imports are held by the following product groups: machinery and transport equipment (47% in exports and 36.5% in imports) and other manufactured products (28.7% in exports and 28.9% in imports).In November 2024, FOB exports amounted to 8.389 billion euros, and CIF imports amounted to 11.227 billion euros, resulting in a deficit of 2.837 billion euros. Compared to November 2023, exports in November 2024 increased by 1.6%, and imports increased by 6.2%.The value of intra-EU27 trade in goods in the period January - November 2024 was EUR 62.338 billion in shipments and EUR 83.923 billion in imports, representing 72.4% of total exports and 72.2% of total imports.The value of extra-EU27 trade in goods in the same period was EUR 23.772 billion in exports and EUR 32.242 billion in imports, representing 27.6% of total exports and 27.8% of total imports.
TEKUNI, a program dedicated to students and young entrepreneurs, was launched in Timișoara through a pilot project, with a future goal of nationwide expansion. The program offers a complete training path, structured into 7 modules that cover all stages of building a startup: from idea validation and MVP development to branding, marketing, legislation, finance, leadership, […]
The Romanian capital will be in the spotlight at the festival Un Week-end à l'Est, which runs in Paris until December 1. The event, which aims to present the artistic, literary, and intellectual richness of an Eastern European city, has previously focused on Warsaw, Odessa, Kyiv, Sofia, or Budapest. At its ninth edition, it is […]
Romanian tax agency ANAF has sued former president Klaus Iohannis in order to recover the loss of use of half of a property in the center of Sibiu. “The action represents a continuation of the steps that ANAF has taken for the recognition of the state’s ownership right and the recovery of compensation determined by […]
Romania will face Turkey in the semi-final of the World Cup qualifying play-offs, with the match scheduled to take place away from home on March 26 next year, Biziday.ro reported. A win would send the national team into the play-off final on March 31, where it would meet the winner of the Slovakia–Kosovo match. Romania […]
An exhibition showcasing various depictions of the traditional Romanian blouse ia, including Henri Matisse’s iconic La Blouse Roumaine, is opening this weekend in Bucharest, while Cluj is entering festive mode with...
Mercenary Horațiu Potra, who faces charges of attempting to undermine constitutional order in Romania, is being flown back to Bucharest under police escort after authorities in the United Arab Emirates approved his extradition,
