Romania: Romania goes up to become Germany's 16th biggest trade partner

August 28, 2024

Romania goes up to become Germany's 16th biggest trade partner
Aug 28, 2024

Romania goes up to become Germany's 16th biggest trade partner.

Romania's trade relations with Germany experienced significant growth in the first half of 2024, marking a 3.9% increase in trade volume compared to the same period in 2023. According to data from the Federal Statistical Office of Germany (Destatis), the total value of imports and exports (...)

[Read the article in Romania Business Insider]

SEE ALSO IN ROMANIAN NEWSPAPERS

Poland's bValue Plans To Invest EUR20M In At Least Three Companies In Romania Polish investment firm bValue is looking to invest in Romania in the coming period, allocating EUR20 million budget for companies in this country.

Organic Farm Input Producer Norofert Expands To Brazil Norofert (NRF.RO), a producer of organic ffarm inputs and provider of biotechnology for agriculture in Romania, listed on the Bucharest Stock Exchange on the AeRO market, is expanding its operations in Brazil. Its plans are to start construction of a plant there in partnership with Engenutri (...)

Premium Aerotec Reports 20.1% Higher Turnover, Of RON457.9M, For 2023 Airbus aircraft parts maker Premium Aerotec, a company member of Airbus group, reported a turnover of RON457.9 million (EUR92.6 million) for 2023, up 20.1% from RON381 million (EUR77.3 million) turnover posted in 2022, in line with finance ministry data.

Zoppas Industries Romania's 2023 Turnover Down 12.6% YoY To RON979.5M Home appliance component Maker Zoppas Industries, the local subsidiary of Italy's Zoppas Group, had a turnover of RON979.5 million (EUR198 million) in 2023, down 12.6% from RON1.121 billion (EUR227.3 million) in 2022, Ziarul Financiar (ZF) has calculated from finance ministry data.

TopTech, Part Of Bittnet System Group, Increases Credit Line From BRD SocGen By RON4M Business solutions integrator TopTech, part of Bittnet System Group (stock symbol: BNET), has informed investors in a stock market report on Sept 9 about increasing the (revolving-overdraft ceiling) credit line contracted from BRD - Groupe Société Générale (BRD).

Romania Rejects All Bids For April 2028 Bonds Romania's finance ministry on Monday (Sept 9) rejected all bids for government bonds maturing in April 2028, as it deemed the bid price unacceptable, central bank data showed.

Forvis Mazars Promotes Liviu Gheorghiu To Tax Partner Within Its Romanian Team Liviu Gheorghiu was promoted to the position of Tax Partner within the Romanian management team of Forvis Mazars, an internationally integrated partnership, specializing in audit, accountancy, advisory, tax and legal services, starting September 1, 2024.