trade

Conjuncture

Romania: The trade balance deficit was 5.5 billion euros lower in the 11 months of 2023 compared to the same period in 2022

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Bucharest, January 9, 2024 - # rbj - The Bucharest, January 9, 2024 - # rbj - The trade balance deficit (FOB/CIF) in the period January 1 - November 30, 2023 was 25.555 billion euros, lower by 5.450 billion euros...
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Bilateral

The activity of the UAE Romanian Business Council was launched

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Bucharest, October 11, 2023 - by rbj - (Source agerpres) - The UAE Romanian Business Council made its official debut in the United Arab Emirates, the purpose of the association being to represent a bridge between the business environments...
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Bilateral

Over 13 thousand companies with Chinese capital are registered in Romania. China is Romania’s second commercial partner outside the EU

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The total volume of Romanian-Chinese trade was 9 billion dollars in 2022, up 3.1% compared to the previous year, the People's Republic of China being Romania's second trading partner, after Turkey, among countries outside the European Union (EU), according...
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Bilateral

Romania-South Korea: civil and military partnerships are under construction. Bilateral trade is over $1 billion

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By RBJ Investment opportunities in the fields of the defense industry, communications technology, electronics and infrastructure were analyzed these days in Bucharest between government representatives, companies from Romania and South Korea. On Wednesday, a Memorandum of Understanding was also signed with...
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Commodities

Romania’s trade balance deficit reached 31 billion euros in the first 11 months of 2022

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By RBJ In the 11 months of 2022, the trade balance deficit was 31 billion euros, increasing by 45.2% (+9.654 billion euros) compared to the value recorded in the same period in 2021, according to a press release from the...
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Commodities

Romania’s trade deficit explodes from one month to the next, demonstrating its unnatural dependence on EU economies

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By RBJ Romania's exports increased by 25.8%, to 76.833 billion euros, in the first ten months, and imports by 31.1%, to 105.238 billion euros, compared to the same period last year, according to the data published on Monday by the...
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Commodities

Exports increased by 23.9% in the first half of the year, and imports increased by 28.5%. The trade balance deficit reached over 15 billion...

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By rbj The frozen structure of the Romanian economy, based especially on the manufacture and export of components for machines and equipment, is starting to be observed more and more in this period when global flows are deteriorating, and the...
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Currencies

Poland and Hungary are facing a sharp depreciation of national currencies

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By rbj Earlier this month, almost all Central and Eastern European states were hit by the effects of the war in Ukraine, and by EU sanctions imposed on the Russian Federation. Most affected, however, are Poland and Hungary, two countries with...
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Banking & Finance

Romania, deficit of over 2 billion Euros in trade balance with Russia, in 2021. Poland had a deficit of almost 9 billion Euros

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By Emea Riga Only four EU member states had a trade surplus with Russia in 2021, while Romania has a larger trade deficit than Germany, according to data released Monday by Eurostat, according to Agerpres. According to these data, in 2021...
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Commodities

Trade deficit at a worrying level. Currency losses are equivalent to Romania’s exports for three months

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By Emea Riga Romania's trade deficit is growing year by year. And this is due to the excessive dependence of intra-community trade, ie with the EU member states. We are the only EU country that exports and imports from the...
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Bilateral0

The Romanian company Hidroelectrica SA and Masdar, UAE, decided to invest as soon as possible in renewable resources projects

Bucharest, April 18, 2024 - RBJ - A Hidroelectrica delegation, led by Karoly Borbely, president of the company's directorate,...
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Cryptocurrencies

Bitcoin Romania: Number of transactions increased by 600% in Q1 20224, compared to the same period in 2023.Bitcoin Halving, an event that comes with...

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Bucharest, April 17, 2024- RBJ - Bitcoin Romania, the company that owns the largest local crypto currency trading platform, has seen a 600% increase...
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Business

MAAM Launches “COMMUNITY HEALS” – Emotional and Psychological Support Program for Women Diagnosed with Breast Cancer

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Bucharest, April 16, 2024 - RBJ - MAAM, the Romanian market leader in the field of compressive medical equipment, has launched the "COMMMUNITY HEALS"...
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Economy

Greenvolt Group, a leading international operator in the renewable energy market through multiple technologies, enters the Romanian market

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Bucharest, April 11, 2024 - RBJ - Greenvolt Group, a leading international operator in the renewable energy market through multiple technologies, enters the Romanian...
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Issue of the Day

The Romanian Athenaeum (Ateneul Român) receives the European Heritage Mark from the Commission for the significant role played in the history and culture of...

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Brussels, April 11, 2024 - RBJ - Today, April 11, the European Commission awarded the Romanian Athenaeum - Ateneul Român (photo) and 6 other...
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