Romania's trade balance deficit (FOB/CIF) for the first ten months of the current year stood at 27.493 billion euros, an increase of 275.7 million euros (1%) compared with the same period in 2024, according to data the National Institute of Statistics (INS) published on Wednesday.FOB exports amounted to 81.054 billion euros, up 4.3% compared with January to October 2024, and CIF imports rose to 108.547 billion euros, an increase of 3.4% on the same period.According to the quoted source, in the period 1 January to 31 October 2025, significant shares in the structure of exports and imports were held by the following product groups: machinery and transport equipment (46.5% of exports and 36.6% of imports) and other manufactured goods (27% of exports and 28.4% of imports).The value of intra-EU27 trade in goods during the reference period was 58.051 billion euros for dispatches and 78.399 billion euros for arrivals, representing 71.6% of total exports and 72.2% of total imports.At the same time, the value of extra-EU27 trade in goods in the first ten months of this year reached 23.002 billion euros for exports and 30.147 billion euros for imports, accounting for 28.4% of total exports and 27.8% of total imports.According to official data, in October of the current year Romania's FOB exports amounted to 8.874 billion euros, while CIF imports fell to 11.879 billion euros, resulting in a deficit of 3.005 billion euros.Compared with October 2024, exports in October rose 5.1%, while imports decreased 2.4%.
The fund Cultura Face Bine, a national funding mechanism for cultural projects backed by private-sector financing, will begin supporting local cultural organizations in 2026. The fund aims to support grassroots cultural initiatives with a proven impact in their communities and which need resources to continue, develop, or transform their activities. The funding mechanism has been […]
The European Commission (EC) announced on Thursday, December 11, that it is referring Romania to the Court of Justice of the European Union (CJEU) for failing to meet obligations under Ambient Air Quality Directives. According to the Commission, Romania has not ensured that its national air quality monitoring network complies with legally required standards on […]
The Bucharest Court of Appeal (CAB) held an unprecedented press conference on Thursday, December 11, in response to allegations raised in a recent media investigation published by Recorder, with court president Liana Arsenie firmly rejecting the claims. However, at the start of the press event, a judge from within the institution publicly stated that the […]
Romania’s Superior Council of Magistracy (CSM) issued its first response to the Recorder documentary alleging systemic manipulation within the justice system, calling the investigation an amplification of a “campaign to destabilize judicial authority.” The council said on Thursday, December 11, that it will evaluate what measures need to be taken following the report. In a […]
MedLife, Romania’s largest private medical services network, announced on Wednesday, December 10, that it reached a market capitalization of EUR 1 billion on the Bucharest Stock Exchange (BVB). The milestone secures its position as “the most valuable healthcare company” in the country. The achievement came nine years after MedLife’s listing on BVB in December 2016, […]