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Recipe for Underdevelopment: Romania Exports Grain and Workforce and Imports Pork
The COVID-19 revealed even better how the economic ties between Romania and the major countries of the EU work: Romania exports grain and imports finished products. First by corn production...
Romanian Exporters and Importers Expect Sharp Contractions for March
One third of Romanian exporters expect exports to drop by an annual 25% in March, while 12% have a more pessimistic view, expecting exports to drop 25% to 50%, according to a poll by the cou...
Survey: 25% Of Companies Consider Importing Employees To Cover Their Workforce Shortage
A quarter (25%) of the companies that participated in the PayWell 2019 survey conducted by PwC Romania are considering workforce import to cover the shortage of employees, in particular in l...
Furniture Maker Aramis Invest: We Export RON1B Furniture, Import RON500M Parts A Year
Baia Mare-based furniture manufacturer Aramis, a business held by local entrepreneurs Vladimir Iacob and Marius Selescu, works with several foreign suppliers of components for its furniture...
Top Ten Importers Account for 15% of 2018 Imports
The ten largest importers in 2018 accounted for 15.3% of all imports or EUR12.6 billion, while the top 100 companies accounted for almost 39% of all the imports last year.
Government Raises Asian Migrant Quota to 20,000 in 2019
The government decision draft regulating the number of workers from non-EU countries that may be allowed on Romania’s labor market in 2019 set a quota of up to 20,000 migrants, 5,000 more th...
Best-Selling Wafer Brand in Romania, JOE, To Become Imported Product
JOE, a Romanian brand made by Switzerland’s Nestle in Timisoara, is the best-selling wafer brand in retail stores, according to market research company Euromonitor, which only takes into acc...
Poland Is Romania’s Main Footwear Supplier, As Imports Reach $140M
Poland has become Romania’s main shoe supplier judging by the value of the imports, climbing three places in the ranking and leaving Italy, China and Slovakia behind. About 7.7 million pairs...
Romania Exports One Third Of Its Honey Production
Romania, one of EU’s largest honey producers, exported 37% of its production last year, getting an average price of EUR3.7 (17 lei) per kilogram, and imported 45% cheaper honey from the Repu...