InterAgro and Aramis, sole Romanian exporters in Top 100

Automobile Dacia was the largest exporter and Rompetrol Rafinare was the largest importer in 2013, according to the National Statistics Institute (INS) data. However, the same two companies are the second-largest importer and top exporter respectively. Sixty-one companies are both in the importers’ and exporters’ top rankings, and most of them are auto parts producers, while the food industry is almost inexistent when it comes to largest exporters. “Romania’s colossal victory will come when the food industry will have a positive degree of coverage of imports through exports,” Prof. Dr. Cezar Mereuta, member of the Romania Academy’s Prognosis Institute, stated for He pointed out that exports are dominated by large foreign companies. He added that when analyzing the top 100 exporters only 81 companies are registered in Romania and can be found in the Finance Ministry’s database.
Only two Romanian production companies – InterAgro, led by Ioan Niculae (active in the agriculture sector, fertilizer business), and Aramis Invest Baia Mare, led by Vladimir Iacob and Marius Selescu (furniture business) are among the top 100 exporters. The rankings also include just another entrepreneurial business – Gerasim Impex, represented by Dan Stefanescu (telecom distribution). Although exports reached a record level last year, only 5 per cent of the total companies active in Romania are engaged in them.
The main explanation as to why over half of the 100 exporters are also among the top 100 importers is the fact that Romania does not have the necessary raw materials and semi-manufactured materials needed for the auto industry.

Related posts

Stop Contrabanda Campaign: About 116 million smuggled cigarettes seized by authorities in 2021


PwC/World Economic Forum report: An international carbon price floor could spur greater emissions reduction


ECB leaves key interest rate unchanged at 0.5 pc

Nine O' Clock