03.20.2014

The partition of Ukraine, economic sanctions by western powers and the retaliatory action of Russia would have serious economic costs not only for the two countries but for the European Union and, to more

03.13.2014

Ukraine's foreign exchange reserves have continued to fall, to USD13.7 billion at end-February, down 15% on the month and 27% lower than in February 2013, and now cover just 1.6 months of imports, more

02.20.2014

Timisoara-based lighting fixtures and systems manufacturer Elba, which supplies lights to Dacia-Renault and Volkswagen, expects exports to generate a higher share of its business this year, after more

02.19.2014

Estimates of the fourth-quarter gross domestic product in the Central and Eastern Europe indicate a stronger economic momentum for the group of 11 EU member states in the region, Euler Hermes latest more

02.17.2014

Last year’s gross domestic product growth of 3.5% was helped by the 10% rise in exports, which was fueled by Ford, with an estimated increase of EUR1.5 billion on 2012, and the grain traders, which more

02.03.2014

The fifty largest sheep farmers in Romania own 163,000 head together or 1.8% of the total in the country. Translated into cash this means EUR16.5 million worth of sheep, according to ZF’s more

01.23.2014

Romania resumed its traditional position of net electricity exporter last year, helped by the good production of hydropower and wind power, much different from 2012 when the summer drought forced the more

01.23.2014

Romania paid some $497 million to the intermediaries of Russia’s gas giant Gazprom for the 1.19 billion cubic meters of natural gas imported in 2013, almost 50% less than $959 million paid in 2012. more

01.15.2014

Romanian state-run drug maker Antibiotice Iasi (ATB.RO) is likely to register two-digit export growth this year as it eyes new markets. more

12.29.2013

Health Ministry-owned drug producer Antibiotice Iasi (ATB.RO) estimates this year's exports to amount to more than $26 million or 30% of its total sales. more

12.23.2013

The latest statistical data for 2013 signal an encouraging macroeconomic trend for 2014, when Romania's economic growth is expected to continue. more

12.05.2013

Romanian sheep are in high demand and the country was the European Union’s leading exporter of sheep in the first nine months of the year. more

11.28.2013

Lingerie maker Jolidon of Romanian entrepreneur Gabriel Carlig has exported products made in its home city, Cluj (NW of the country) to more than 50 markets worldwide this year. more

11.22.2013

Chinese investors, who will attend an economic forum in Bucharest next Tuesday, alongside Chinese Prime Minister Li Keqiang, have announced their intention to buy 3 million pigs, 3 million sheep and more

11.14.2013

Grain traders exported 736,000 tons of Romanian wheat in August alone, which means they shipped 9.6% of the current harvest abroad. more

11.05.2013

Transmission system operator Transelectrica (TEL.RO) will invest 160 million lei (EUR36 million) to double Romania's interconnection infrastructure to Serbia by building a new high voltage power line more

11.03.2013

Romanian pharmaceutical company Biofarm (BIO.RO) will double its production capacity and will enter new therapy areas with its relocation to a new plant in 2015, and plans to focus on developing more

11.03.2013

Romania has signed a protocol with Chinese authorities and will export over 500,000 Romanian bred cows to China in the next 7-10 years, Agriculture Minister Daniel Constantin said Saturday during an more

10.31.2013

Coca-Cola’s plant in Ploiesti, Romania, will turn into a regional hub supplying products to six markets in the region, said Muhtar Kent, chief executive officer of the US group who was there for the more

10.23.2013

Ivatherm, the only Romanian-held dermo-cosmetics company, delivered its first order to China this month, a market that will have a massive contribution to the growth of the business, says founder and more

10.22.2013

Parallel exports of medicines fell this year compared with 2012 and 30%-40% of parallel trade is made through retail drugstores engaged in wholesale distribution, according to the Association of more

10.16.2013

Ford’s engine production at its Romanian plant is accelerating to over 1,000 units per day, driven by exports outside Europe, while car production at the plant is affected by the declining car more

10.02.2013

Beef exports of Romanian meat processor Doly-Com Botosani accounted for about 40% of the company’s total turnover at the end of September, up from 30% in 2012. more

10.02.2013

Producers of cigarettes, meat and sunflower oil together had total exports of around EUR460 million in the first half of this year, shows a ZF analysis based on the official statistics of the more

09.26.2013

Kosarom group, one of the largest meat producers and processors on the local market, expects to see exports of meat and meat products reach EUR8 million or 20% of its annual revenue, owner Neculai more