Romania's FOB/CIF trade balance deficit was 28.947 billion euros, in 2023, 5.142 billion euros lower (-15.1%) than in 2022, according to data from the National Institute of Statistics published on Friday.In 2023, FOB exports totalled 93.098 billion euros, up 1.3%, while CIF imports totalled 122.045 billion euros, down 3.2% compared to 2022.The product groups with a significant share of the country's trade in the reporting period were: machinery and transport equipment (44.8% for exports and 36.8% for imports) and other manufactured products (29.8% for exports and 28.7% for imports).Intra-EU27 trade exchanges amounted to 67.574 billion euros on the outbound and 89.500 billion euros on the inbound, accounting for 72.6% of total exports and 73.3% of total imports.Extra-EU27 trade exchanges in 2023 amounted to 25.523 billion euros in exports and 32.544 billion euros in imports, representing 27.4% of total exports and 26.7% of total imports.
Interim president Ilie Bolojan has convened the Supreme Council of National Defense on Wednesday, April 30, to discuss essential defense topics such as Romania’s participation in the ReArm Europe Plan/Readiness 2030, the draft Law on National Defense of Romania, and the National Plan on Military Mobility. Other topics concern the draft Law on certain measures […]
The photography exhibition World Unseen, which allows both blind and sighted visitors to experience images through touch and sound, is opening its doors in Iași after attracting over 100,000 visitors in Bucharest. Hosted at the Palace of Culture, the exhibition will be on display from April 29 to July 29. Organized by Canon Romania in […]
Brașov-Ghimbav International Airport in central Romania recorded a total of 56,897 passengers in the first quarter of this year, more than double the number from the same period in 2024, when 27,885 travelers were registered. According to statistics published by the Romanian Airports Association, the Brașov-Ghimbav Airport has returned to 9th place in the national […]
DAAS Epta Romania, part of the international Epta group, is set to open the first Training Center for refrigeration technicians in the country with an EUR 500,000 investment. The company also announced the accelerated expansion of the remote monitoring service center, or TLM. The Training Center is a pilot project developed based on the model […]
Knauf Insulation, part of the Knauf Group, has invested EUR 140 mln in state-of-the-art production facilities and brought together world-class expertise to transform the Târnăveni plant in Romania into the most technologically advanced facility in Central Eastern Europe. Industrial services provider Bilfinger has played a significant role in the project by undertaking a comprehensive range […]
The seventh edition of Neversea, one of Europe’s largest beach music festivals, will not take place in 2025, the organizers announced. The event is now scheduled to return in 2026 in Constanța, Romania, after challenges in securing a suitable beach venue. Organizers from Untold Universe explained in a press release that they were unable to […]
