Home / Tag Archives: exports (page 4)

Tag Archives: exports

Historic record: Romania imported foodstuff worth EUR 3.2bn in H1

In the first semester of 2017, Romania’s imports totalled EUR 36.7 billion, of which 8.8% were foodstuff imports – EUR 3.2 billion. Such a level hasn’t been recorded after 1989 and it is double against H1 2008, official statistics reveal. ...

Read More »

Trade deficit up by 30pc in H1 to EUR 5.83bn

Romania’s trade deficit has reached EUR 5.837 billion in the first six months of the year, up by almost 30.2% against the similar period last year (EUR 4.483 billion), the National Statistics Institute (INS) informs. The FOB exports in June ...

Read More »

Romania’s iron and steel exports reached EUR 746 M at end-April 2017

Romania has exported iron and steel worth EUR 746 million in the first four months of 2017, a value 34 percent higher than in the same period last year, National Institute of Statistics (INS) informs. Iron and steel imports amounted ...

Read More »

The largest textile employer in Vaslui threatens to close down the factory if the minimum wage is increased to RON 2,000

The intention of the PSD government to increase the minimum wage by 38% as of next year (from RON 1,450 per month to RON 2,000 per month) is seen differently by the economic players: those who operate in lohn with ...

Read More »

Romania – a gateway to European investments for the South-African market

For a long time now, Romania and South-Africa have been strengthening and expanding their business liaisons, based on a wide range of interesting business opportunities, especially in the areas of: agriculture, machinery, mining, real estate, IT, retail manufacturing, automotive, energy ...

Read More »

Romania’s commercial deficit –EUR 1 billion in April

Romania’s exports were up by 1.5% in April, while imports advanced by 5%, encouraged by the consumption rise. Therefore, the commercial deficit climbed by 24.4% to EUR 1.05 billion, according to the National Institute of Statistics’ press release on Friday. ...

Read More »

Population consumption led to 5.7pc GDP growth in Q1

The 5.7% GDP growth in the first quarter was based mainly on the population’s final consumption increase, which contributed 4.8% to the advance of the economy, according to a press release from the National Statistics Institute (INS) on Wednesday. “From ...

Read More »

EBRD improves Romania’s economic growth estimate for 2017. Risk of exceeding the budget deficit threshold

Romanian economy is expected to register a 4% growth this year, the European Bank for Reconstruction and Development (EBRD) said on Wednesday, against the 3.7% forecast released by the EBRD in November last year. It is the highest level of ...

Read More »

Trade deficit up to EUR 2.3bn in Q1

Romania continues to have higher imports than exports. In the first quarter this year the trade deficit increased by EUR 361.5 million as compared to the similar period in 2016. The FOB/CIF trade deficit increased to EUR 2,317 billion in ...

Read More »