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Tag Archives: exports

Exports have cut their advance, trade deficit is growing

At the end of October, Romania’s exports reached EUR 44 billion and imports reached EUR 48.9 billion, 6.8 percent and 6.2 percent respectively, greater comparing to the same period of 2013, National Institute of Statistics (INS) preliminary estimations released on Wednesday ...

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Good signs for Romania – exports up by 7.1 pc in the first nine months

In September 2014, according to preliminary estimations of the National Institute of Statistics (INS), FOB – Free on board – exports amounted to RON 21663.4 million (EUR 4907.5 million euro) and CIF – Cost, Insurance and Freight – imports amounted ...

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Romanian furniture in German Bundestag

Romanian Ion Pau, included in 2008 local billionaires Top, with a fortune estimated at EUR 8-9 million, holds Koncord Trans, a furniture factory which exports exclusively in Europe. The businessman’s factory from Targu Jiu county has a portfolio of over ...

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In August, exports declined, imports –same trend

In August 2014, according to preliminary estimations of the National Institute of Statistics (INS), FOB exports amounted to RON 17108.3 million (EUR 3865.2 million) and CIF imports amounted to RON 19058.8 million (EUR 4306.2 million). Compared to August 2013, exports ...

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New insurance product for Romanian exporters launched by EximBank

EximBank launched a new temporary insurance facility for exports on the European Union and OECD markets, targeted to Romanian companies that are confronted with the fact that private insurers do not cover certain commercial and political risks. According to a ...

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Good signs from domestic agriculture for the second year consecutively

Agriculture came to contribute to budget more than the auto industry, which has been in the forefront for years. Romania exported in the first half of this year 2.46 million tons of wheat and corn, up by 37 percent compared ...

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