Romania
Romania · ROU · Europe
25
Risk Score
Risk Factors
Overview
Romania, an EU and NATO member, is experiencing steady economic growth, driven by domestic consumption, exports, and EU funds. The country is a key player on NATO's eastern flank, enhancing its defense capabilities and regional security role. Challenges include improving infrastructure, combating corruption, and addressing labor shortages.
Leadership
Klaus Iohannis
President
Government: Semi-Presidential Republic
Marcel Ciolacu
Luminița Odobescu
Marcel Boloș
Economy
$390.0B
$19.5K
+3.8%
3.2%
5.2%
Trade
Key Exports
Key Imports
Top Partners
Recent Events (2)
NATO enhances defence capabilities and production
NATO has announced new contracts and initiatives to significantly boost defense production, focusing on air defense, strike capabilities, satellite communications, ammunition, and drone systems. This move aims to strengthen the alliance's military readiness and deterrence.
NATO Allies Launch Critical Raw Materials Project
NATO Allies have initiated a project to secure and manage essential raw materials and components vital for defense production. This initiative aims to strengthen supply chains, ensuring the alliance's readiness and reducing vulnerabilities.