President Dan reportedly wants a fully operational government in place before the next S&P sovereign rating review, expected in early October, with the rating agency’s experts due in Bucharest on September 24, according to G4media.ro. The...
Romania's foreign trade deficit (FOB/CIF) stood at 16.459 billion euros, in the first half of 2026, 332.1 million euros (2%) lower than that recorded in the same period of 2025, according to data released by the National Institute of Statistics (INS) on Monday.In June 2026, FOB exports totalled 8.701 billion euros, while CIF imports amounted to 11.662 billion euros, resulting in a deficit of 2.961 billion euros. Compared with June 2025, exports in June 2026 increased by 5.9%, while imports rose by 9.9%.Between January 1 and June 30, 2026, FOB exports totalled 49.037 billion euros, while CIF imports amounted to 65.497 billion euros. During the same period, exports increased by 3.0% and imports by 1.7%, compared with the corresponding period of 2025.In the first six months of 2026, significant shares of exports and imports were accounted for by the following product groups: machinery and transport equipment (46.8% of exports and 36.5% of imports) and other manufactured goods (27.2% of exports and 27.3% of imports).According to the INS, the value of intra-EU27 trade in goods between January 1 and June 30, 2026 amounted to 35.448 billion euros for dispatches and 48.174 billion euros for arrivals, accounting for 72.3% of total exports and 73.6% of total imports.The value of extra-EU27 trade in goods between January 1 and June 30, 2026 amounted to 13.589 billion euros in exports and 17.323 billion euros in imports, accounting for 27.7% of total exports and 26.4% of total imports.The INS noted that the FOB/CIF trade balance is calculated based on the value of FOB exports and CIF imports, as the difference between the two.The FOB (Free on Board) price represents the price at the border of the exporting country and includes the value of the goods, all transport costs to the point of loading, as well as all duties and taxes that the goods must bear in order to be loaded on board.The CIF (Cost, Insurance and Freight) price represents the price at the border of the importing country and includes all the components of the FOB price, as well as the cost of insurance and international transport.
President Dan reportedly wants a fully operational government in place before the next S&P sovereign rating review, expected in early October, with the rating agency’s experts due in Bucharest on September 24, according to G4media.ro. The...
The BET index lost 6.7% in August, but still posted a 42.3% gain since the beginning of the year and a 67.4% increase over the past 12 months, ranking first on both horizons among a sample of 38 European national benchmark indices, Ziarul...
The company's management has set the date for the Extraordinary General Meeting of Shareholders for September 21, 2026. The agenda includes the project for the new terminal for bulk solid fertilizers and liquid products, according to the official document. The infrastructure will be developed at Berth 84 and Stockpile 5 in the North Port of […]
This prepares the ground for a faster sale of the shipyard to the German group Rheinmetall, which should start construction of EUR 1 billion military ships under a contract with the Romanian state, and its partner MSC, Ziarul...
Energy expert Dumitru Chisăliță told Digi24 that new offers could be 10%-15% more expensive and warned that price increases could continue until the end of the year or even into 2027. “Hidroelectrica was until now the supplier with...
The INS data confirmed the flash estimate announced in August. For the first half of the year, economic activity contracted by 0.7% y/y. Under the Eurostat methodology, based on chain-linked volumes, GDP contracted by 1.9% y/y in Q2, after a 1.4% y/y contraction in Q1. In seasonally adjusted terms, however, GDP remained broadly unchanged in […]