EXPORTS
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Romania Posts Trade Deficit of EUR4.5B in Jan-Feb 2022
Romania’s trade balance posted a EUR4.58 billion deficit during January-February period, up by EUR1.5 billion from the year-earlier period, data from the country’s statistics board INS showe...
Biofarm Aims to Double Turnover in 5-7 Years
Romanian drug maker Biofarm, a major player on the local market, plans to double turnover within the next 5-7 years after having opened a new drug plant in Bucharest last year in the wake of...
Antibiotice Iasi Aims for EUR1B Turnover by 2030
Antibiotice Iasi, the biggest local Romanian-held drug maker, targets RON1 billion turnover by 2030, in line with its multi-annual plan, with half of this sum due to be generated by exports.
Arctic Sales Up around 5% in 2021
Arctic sales in Romania increased by around 5% in 2021, after a difficult 4Q, in the red.
Evopack Targets 30-40% Turnover Growth in 2022
Evopack, which produces cardboard and paper packaging in a plant in Piatra-Neamt and which delivers to McDonald’s KFC, Spartan and Mesopotamia restaurant chains, ended 2021 with turnover of...
Blachotrapez Due to Start Production at New Baia Mare Roofing Plant in Summer
Metal roofing tile producer Blachotrapez, owned by the Polish group of the same name, plans to start production at the new plant it is building with state aid in Baia Mare in summer.
Novatik Hopes to Wind Up EUR1.2M Investment in 1H/2022
Baicoi-based roofing systems maker Novatik in 2021 started an over EUR1.2 million investment and hopes to complete it in the first half of this year.
Romania, Biggest Wheat Exporter at Black Sea and in EU
Romania exported 4 million tons of wheat of the 2021 harvest, namely over 35%, by late December 2021, thus ranking first among wheat exporters in the Black Sea area and in the EU, according...
Agricola Bacau Has No Plans to Invest Abroad
Grigore Horoi, chairman of Agricola Bacau, a major player on Romania’s poultry market, also producing cold cuts, as well as ready meal items and eggs, says the group has not have and does no...