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.
A Romanian Library Corner will be inaugurated this month at the Worcester County Library in Ocean City, Maryland. According to an announcement from the Romanians of DC organization, the event is scheduled for January 24. The Romanian Library Corner has been established with funding and support from Romanians of Washington, DC, and in partnership with […]
Bird mortality due to electrocution is a major conservation issue, with uninsulated medium-voltage power lines, often used by birds as resting spots, posing one of the greatest risks to these species. In this context, the Romanian Ornithological Society (SOR) partnered with Rețele Electrice România to install insulating sleeves on medium-voltage poles in the central area […]
Romanian rider Emanuel Gyenes won first place in the “Original by Motul” category in the 2025 Dakar Rally, placing 20th overall in the motorcycle category. The world-famous Dakar Rally covers several thousand kilometers over 10 to 15 days taking place in Saudi Arabia. The category won by the Romanian refers to bikes and quads competitors […]
Doron Steinbrecher, a 31-year-old woman with dual Israeli-Romanian citizenship, was among the three hostages released on Sunday, January 19, as a result of the agreement reached between Israel and Hamas. Aside from Doron, the other two women released on Sunday by the Palestinian terrorist group are Romi Gonen and Emily Damari. Among them, Romi also […]
Garanti BBVA Romania announced the financing of Peștera Wellness & Spa, the first 5-star hotel located in the Peștera-Padina tourist resort in Bucegi Mountains, with a loan of EUR 5 million. The bank supports Grupul Industrial Alca SRL, the company behind this investment. Peștera Wellness & Spa Hotel officially opened its doors to tourists in […]
Bucharest mayor Nicușor Dan has reaffirmed his commitment to running in the upcoming Romanian presidential elections, revealing plans to launch a donation website for his campaign in the near future. Speaking during an interview on Digi24, Dan estimated his campaign budget to be between EUR 2-3 million. The mayor also emphasized that his decision to […]
