trade

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

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...

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

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...

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

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...

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

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...

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...

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...

Poland and Hungary are facing a sharp depreciation of national currencies

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...

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

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...

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

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...

Romania’s trade deficit, the largest in the last 30 years

By Edwig Ban The lack of government incentives to promote exports and the negative effects of the Covid-19 pandemic have led Romania to record the largest trade deficit in 30 years. According to the National Institute of Statistics (INS), the trade...

RCEP, the largest trade agreement in the world

By Jerom Bolt Amid trade disputes with the United States, China and 14 other Asia-Pacific countries have reached a consensus to create the world's largest free trade bloc. After eight years of negotiations, the agreement was signed at the virtual...
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Ignorance, stupidity, or diversion: the House of Commons in Ottawa gives a standing ovation to a former Ukrainian Nazi, in the presence of the...

Bucharest, September 25, 2023 – On Friday, September 22, 2023, on the occasion of the visit and speech of...
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Exim approved the financing of engineering and feasibility studies for reactors 3 and 4 at the nuclear power plant in Cernavoda/Romania

Washington, September 25, 2023 - The Export-Import Bank of the US (Exim) approved a financing of 57 million dollars for engineering and feasibility studies...

Two American tourists amazed by the beauty of Romania. “Bucharest is the hidden gem of Europe”

Bucharest, September 23, 2023. (Source: adevarul.ro) - Jacob and Jenny Warren, two young American tourists very passionate about travel, spent a few days in...

Hidroelectrica will invest, together with the Emirati company Masdar, in floating photovoltaic panels on the reservoirs of hydropower plants in Romania

Bucharest, September 22, 2023 - The state company Hidroelectrica, the largest in Romania, in the electricity production sector, wants to invest, together with the...

Genesis Property, the first real estate company in Romania with the goal to reduce carbon emissions approved by the Science Based Targets initiative

Bucharest, September 21, 2023 - Genesis Property becomes the first real estate company in Romania to obtain the approval of its short-term CO2 emissions...