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Maramures, The Capital Of Furniture Production In Romania
Analysis

Maramures, The Capital Of Furniture Production In Romania

Five furniture producers with overall revenue of above EUR300 million and 6,500 employees are headquartered in Romania’s Maramures county.

Catalina Apostoiu · 10.09.2014 · 00:00 · 2 min
Romania Trade Deficit Widens To EUR3.36B In Jan-July
Macroeconomics

Romania Trade Deficit Widens To EUR3.36B In Jan-July

Romania exported a record EUR4.8 billion worth of products in July, but the trade deficit for the first seven months was still wider than in the same period a year before, the country’s stat...

Bogdan Neagu · 09.09.2014 · 10:04 · 1 min
Romania’s Energy Exports Hit 8-Year High
Energy

Romania’s Energy Exports Hit 8-Year High

The first six months of 2014 brought a record in terms of Romania’s energy exports, with domestic producers sending over 3 terawatt hours of electricity abroad, the highest level since 2007,...

Catalina Apostoiu · 03.09.2014 · 00:00 · 2 min
GE To Export 60% More From Romania This Year After Lufkin Takeover
Energy

GE To Export 60% More From Romania This Year After Lufkin Takeover

US giant General Electric will operate exports worth $110 million from Romania this year, almost 60% higher than last year’s, with the main growth driver being the takeover of Lufkin group’s...

Catalina Apostoiu · 25.07.2014 · 00:00 · 2 min
Elmas Brasov 2014 Exports Seen Up To 15% Of Sales
Companies

Elmas Brasov 2014 Exports Seen Up To 15% Of Sales

Material handling equipment producer Elmas Brasov estimates its exports will hike this year to some 15% of the turnover, compared with 7%-8% last year, due to the increase of its production...

Gabriela Stan · 22.07.2014 · 12:25 · 1 min
Heidi Chocolat To Further Expand Plant If Demand Stays On Positive Trend
Retail&Consumer

Heidi Chocolat To Further Expand Plant If Demand Stays On Positive Trend

Heidi Chocolat, Romania’s biggest chocolate exporter, will focus on boosting exports in the coming period, a segment that now brings 50% of the company’s EUR17 million revenue, says Franco d...

Catalina Apostoiu · 18.07.2014 · 00:00 · 1 min
Ciolos: Romania Can Boost Exports Of Agri-Food Products To Emerging Markets
Social/Politics

Ciolos: Romania Can Boost Exports Of Agri-Food Products To Emerging Markets

The increase in food consumption is not expected to reach a high level in the future in Europe, but rather on the emerging markets where Romania could boost exports of agri-food products, Eu...

Ecaterina Craciun · 27.05.2014 · 13:47 · 1 min
Adrem Invest Wants To Tap Foreign Markets With Other Units
Companies

Adrem Invest Wants To Tap Foreign Markets With Other Units

Engineering company Adrem Invest ended 2013 with 33% higher revenue and an over 8% gross margin, mainly on exports.

Catalina Apostoiu · 30.04.2014 · 00:00 · 1 min
Car Industry Reshuffled Romanian Export Structure
Macroeconomics

Car Industry Reshuffled Romanian Export Structure

The share of transport equipment in the overall exports rose from 3% to 14% between 2000 and 2013, during a period when the value of exports increased from EUR11 billion to EUR49 billion, wh...

Catalina Apostoiu · 08.04.2014 · 16:11 · 2 min