August 9, 2019

Romania’s foreign trade deficit widens by 1.3 billion euros in H1 2019
Aug 9, 2019

Romania’s foreign trade deficit widens by 1.3 billion euros in H1 2019.
Romania’s H1 2019 FOB exports totalled 34.894 billion euros, while CIF imports were standing at 42.586 billion euros, giving a foreign trade deficit of 7.692 billion euros, according to data released by the National Institute of Statistics (INS) on Friday. Exports increased by 2.7pct in the first half of 2019, while imports were up 5.7pct. Trade balance deficit (FOB/CIF) widened by 1.377 billion euros. In June 2019, FOB exports totalled 5.559 billion euros, and CIF imports totalled 6.69 billion euros, giving a deficit of 1.131 billion euros. Compared with June 2018, exports decreased by 5.5pct and imports by 6.9pct. Between January and June 2019, important shares in the composition of exports and imports were held by transport machinery and equipment (48.2pct of exports and 37.3pct of imports), and other manufactured products (32.2pct of exports and 30.2pct of imports). The value of intra-EU 28 trade in goods in the first six months of 2019 was 26.917 billion euros in shipments and 31.941 billion euros in imports, making up 77.1pct of total exports and 75pct of total imports. The value of extra-EU 28 trade in goods was 7.977 billion euros in exports and 10.645 billion euros in imports, making up 22.9pct of total exports and 25pct of total imports. AGERPRES (RO - editor: Nicoleta Gherasi; EN - author: Corneliu-Aurelian Colceriu, editor: Rodica State)

[Read the article in Agerpres]

eJobs: SME Employees in Romania Earn EUR700 on Average The average monthly salary of employees in SMEs in Romania is currently around EUR700, according to a poll by eJobs Romania.

Government Drafts Bill Changing Subsidized Mortgage Lending Program Romania's finance ministry has drafted a bill changing the state-subsidized mortgage lending program to benefit families with or without children, capping the required monthly income and the home acquisition price.

Six countries to take part in VSLO Visual Arts International Festival Artists from the US, Greece, Sweden, Poland, Norway and Romania will participate in this year's edition of the VSLO Visual Arts International Festival, which will take place at Vama Veche, August 23-September 1. According to a statement released by organisers, world-renowned university (...)

Burger King at Its Second Try in Romania, Set to Open First Restaurant in September Poland’s Amrest group, which operates on about 20 markets in the world, will open the first Burger King restaurant in Romania in September, market sources told ZF. The company already has 46 Starbucks cafés in the country.

Romania Has Lowest Banking Penetration Rate in EU: Just One in Four Communes Has an ATM Three quarters of the people who live in rural areas, where actually half of Romania’s population lives, do not have access to a basic banking service: an ATM.

PSD National Executive Committee to convene today The National Executive Committee of the Social Democratic Party (PSD) will be convening at the Palace of Parliament today, one day ahead of a an extraordinary convention of the party's Congress that will validate PSD's candidate in this autumn's presidential election. On (...)

Halep to play qualifier in US Open first round Romanian tennis player Simona Halep, world number four, will play a qualifier in the first round of the US Open tournament, the last Grand Slam of the year, according to the draw in New York on Thursday. Halep, who won the Wimbledon title this summer, lost in the first round at last (...) : all romanian news. Copyright © DIRECTWAY | News RSS |