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March 3, 2021

Exports exceed EUR 2 bln in 201010,000 exporters went bankrupt this year.

Despite Romanian economy taking small steps to recovery, exports have nonetheless exceeded this year the EUR 2 bln mark before the crisis struck, according to a press release remitted to “Nine O’Clock” by the National Association of Romaian Exporters and Importers (ANEIR), with Dacia Pitesti, Nokia Romania and Rompetrol Rafinare ranking 1st, 2nd and 3rd respectively.If no unpredictable foreign developments happen and the RON/euro exchange rate remains stable, Romanian exports have all the chances to hit a record high in 2011, to nearly 40 bln euros, nearly five times higher than the first record set in 2000, ANEIR officials say. Further more, about 10,000 of the 25,000 export companies either went bankrupt or proved unable to compete on the international market.Crisis also brought with it significant changes to exports structure. While some branches – cement, petrol industry, metallurgy and construction materials experienced a slump, others posted steep rises – pharmaceutical products, house goods, chemical products, textiles, aircraft overhaul. The top 100 exporters combined made up over 50 per cent of export revenues.

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