Economy

Business Forum   |   4 April, 2025 at 7:38 AM

Romania posts trade surplus with US

Romania's exports to the United States in 2024 exceeded €2.28 billion, while imports from the US reached €1.31 billion, resulting in a trade surplus of €968 million.

Business Forum   |   26 March, 2025 at 11:00 AM

US reviews Romania's Visa Waiver program entry

The US government is currently reviewing Romania's recent inclusion in the Visa Waiver Program (VWP) to ensure it meets the program's strict security requirements.

Business Forum   |   18 March, 2025 at 3:28 PM

Romanian business productivity up nearly 20%

Productivity in Romania has increased from 26% in 2008 to 44% in 2024, with women making a notable contribution, according to an analysis of Alpha Bank.

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Romania cuts budget deficit by more than half in Q1 2026
Finance

Romania cuts budget deficit by more than half in Q1 2026

Romania's consolidated general budget recorded a deficit of €4.2 billion in the first quarter of 2026, representing 1.03% of GDP, compared to a deficit of €8.7 billion (2.28% of GDP) in the same period of 2025 over revenue growth and expenditure control.

Industry

Siemens wins Romania's first hydrogen train contract

Siemens Mobility has been selected by Romania's Railway Reform Authority to deliver 12 hydrogen-powered electric multiple units based on the Mireo Plus H platform. The contract marks Romania's first hydrogen train project and one of the first in CEE.

Industry

AI simplifies work but fuels employee anxiety, survey finds

AI has become increasingly embedded in employees' day-to-day work over the past year. More than 48% of employees see AI as a tool that simplifies their work; however, many remain concerned about the broader implications of its growing integration, according to a survey conducted by Genesis Property early this year, on a sample of 1,146 employees.