The emerging markets in CE, SE and Eastern Europe include Romania, Poland, Hungary, Turkey, Serbia.

The emerging markets in CE, SE and Eastern Europe include Romania, Poland, Hungary, Turkey, Serbia.
The emerging markets in CE, SE and Eastern Europe include Romania, Poland, Hungary, Turkey, Serbia, Lithuania.

Tuesday, 18 May 2010

Q1 2010 results in Romania

According to the National Statistics Office, in the first quarter of 2010 compared to the same period of the last year, the gross industrial production (GIP) index in Romania was by 4.1% higher. This increase was supported by the electricity, gas, steam and air conditioning sector (+13.5%) and by the manufacturing sector (+4.0%).

In the Romanian manufacturing sector, the highest production increases were registered by the manufacturing of motor vehicles, trailers and semi-trailers (+62.0%), the manufacturing of electrical equipment (+42.4%) and the manufacturing of basic metals (+27.7%).

In the first quarter of 2010, the labor productivity in the Romanian industry increased by 22.1% compared to the corresponding period of the previous year.

In the first quarter of 2010 compared to the same period of the previous year, the turnover value index in industry per total increased by 5.9%, that increase being registered due to the manufacturing industry (+6.8%). In the Romanian manufacturing industry the highest increases of the total turnover value index were recorded in the following industrial sectors:
- the production of motor vehicles, trailers and semi-trailers (+44.5%)
- the production of coke and refined petroleum products (+36.0%)
- the production of computer, electronic and optical products (+26.9%)
- the production of electrical equipment (+20.2%)
- the production of basic pharmaceutical products and pharmaceutical preparations (+20.0%).

In January 2010 compared to January 2009, the highest increases of the export values were registered at:
- basic pharmaceutical products and pharmaceutical preparations (+254.5%)
- tobacco products (+77.0%)
- motor vehicles, trailers and semi-trailers (+76.1%).

In January 2010 compared to January 2009, significant increases of the import value were registered at:
- metal ores (+214.5%)
- crude petroleum and natural gas (+101.0%)
- other mining and quarrying products (+86.9%).

CIF imports of industrial products in January 2010:
- computer, electronic and optical products: 321.6 million EUR
- electrical equipment: 228.3 million EUR
- crude petroleum and natural gas: 222.2 million EUR
- chemical substances and products: 209.6 million EUR.

According to APIA, in the first three months of 2010, the production of auto vehicles in Romania increased by 62.6% compared to the similar period of the previous year. In the first three months of 2010, the export of Romanian-made auto vehicles increased by 57.9% compared to the similar period of the previous year.

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