Romania's FOB/CIF trade balance deficit stood at 9.320 billion EUR for the period 1 January - 30 April 2024, 440.1 million EUR higher (+5%) than that recorded in the corresponding period in 2023, according to data from the National Institute of Statistics (INS) published on Monday.In April 2024, FOB exports totalled 8.290 billion EUR and CIF imports totalled 10.962 billion EUR, resulting in a deficit of 2.672 billion EUR. Compared to April 2023, exports in April 2024 increased by 14.8% while imports increased by 17.8%.In the period from 1 January to 30 April 2024, FOB exports totalled 31.288 billion EUR, up 0.8% on the same period of the previous year, while CIF imports amounted to 40.609 billion EUR, up 1.7%.According to the INS, in the first four months of 2024, important shares in the structure of exports and imports are held by the product groups: machinery and transport equipment (47.2% for exports and 36.1% for imports) and other manufactured products (29.4% for exports and 28.4% for imports).Intra-EU27 trade exchanges in the first four months of the year was 22.736 billion EUR in exports and 29.903 billion EUR in imports, representing 72.7% of total exports and 73.6% of total imports.Extra-EU27 trade exchanges over the same period was 8.551 billion EUR in exports and 10.705 billion EUR in imports, representing 27.3% of total exports and 26.4% of total imports.
The famous show "Ovo" ("egg" in Portuguese), created in 2009 by Cirque du Soleil, is scheduled for April 23–26, 2026, at BT Arena in Cluj-Napoca. So far, the classic Cirque du Soleil show has delighted over 7 million spectators in 40 different countries. Despite its age, it has been reimaged, with a new set, acrobatic […]
The state-owned group Electrica is set to list the largest green corporate bond issuance in Romania, worth EUR 500 million, on the Luxembourg and Bucharest stock exchanges. According to the company's press release, the European Investment Bank is one of the key participants in the issuance. Overall investor demand at the final price exceeded the […]
Low-cost airline Wizz Air announced a major expansion of its operations in Bucharest, adding a second aircraft to its base at Băneasa Airport starting this October. The airline will relocate nine routes from Otopeni to Băneasa, five of which will be operated exclusively from the secondary airport. At the same time, six new routes will […]
The annual inflation rate in Romania rose to 5.7% in June, up from 5.45% in May, according to data published on Friday, July 11, by the National Institute of Statistics. It is the highest level this year. The consumer price index, compared to May, was 0.45%. The inflation rate from the beginning of the year, […]
A taxi driver who refused to pick up a passenger at Bucharest’s Henri Coandă International Airport on Thursday night, citing the rule that prohibits the second car in line from leaving the queue, was fined and had his professional license suspended, according to the Romanian Police. Local news channel Digi24...
Local authorities in Buzău County, in the south-east of Romania, announced the opening for traffic of the new bridge over the Buzău River on Friday, July 11. At over 1.3 km in length, it is the second-longest road bridge in the country and is part of the Lot 1 Buzău – Vadu Pașii of the […]
