In February 2024, compared with January 2024, seasonally adjusted industrial production increased by 0.8% in the euro area and by 0.7% in the EU, according to first estimates from Eurostat, the statistical office of the European Union. In January 2024, industrial production fell by 3.0% in the euro area and by 2.7% in the EU. In February 2024, compared with February 2023, industrial production decreased by 6.4% in the euro area and by 5.4% in the EU. Monthly comparison by main industrial grouping and by Member State In the euro area in February 2024 compared with January 2024, industrial production increased by 0.5% for intermediate goods, decreased by 3.0% for energy, increased by 1.2% for capital goods, increased by 1.4% for durable consumer goods, decreased by 0.9% for non-durable consumer goods. In the EU, industrial production increased by 0.9% for intermediate goods, decreased by 3.3% for energy, increased by 1.0% for capital goods, increased by 1.7% for durable consumer goods, decreased by 0.5% for non-durable consumer goods. The highest monthly increases were recorded in Ireland (+3.8%), Hungary (+3.5%) and Slovenia (+3.3%). The largest decreases were observed in Croatia (-4.6%), Lithuania (-3.0%) and Belgium (-2.7%). Romania is, among the EU countries, with the largest increases in industrial production in February with an advance of 2.7% Annual comparison by main industrial grouping and by Member State In the euro area in February 2024, compared with February 2023, industrial production decreased by 2.7% for intermediate goods, decreased by 3.6% for energy, decreased by 8.9% for capital goods, decreased by 4.3% for durable consumer goods, decreased by 6.1% for non-durable consumer goods. In the EU, industrial production decreased by 2.5% for intermediate goods, decreased by 3.5% for energy, decreased by 7.5% for capital goods, decreased by 3.9% for durable consumer goods, decreased by 4.7% for non-durable consumer goods. The largest annual decreases were recorded in Ireland (-36.0%), Belgium (-12.7%) and Bulgaria (-8.4%). The highest increases were observed in Spain (+3.5%), Slovenia (+2.8%) and Denmark (+2.7%).
The agency plans to expand its team and reach a turnover of EUR 450,000 by year-end. June Communications (JUNE), a business-to-business PR and integrated communications agency, has appointed Bianca Caragea as its new Operations Manager. The step strengthens the agency’s management team as it enters a new stage of growth after seven years of sustained […]
The Babeș-Bolyai University of Cluj-Napoca (UBB) has established an endowment fund, which the institution described as a "strategic" financial mechanism aimed at supporting academic excellence and ensuring the long-term sustainability of university projects. The initiative is a first of its kind in the local academia, UBB said. The endowment fund involves attracting donations/financial resources and […]
Romanian authorities are reportedly considering imposing an access fee for the Transfăgărășan mountain road. The funds would be used for setting up decent parking areas, selecting merchants, and similar initiatives. The beautiful, winding road is one of the most visited tourist attractions in the country. Local authorities say the funds from an eventual toll would […]
Colombian reggaeton superstar J Balvin will perform in Dubai for the first time this November, headlining Untold, the globally recognized festival born in Romania. The event will take place from November 6 to 9 at Dubai Parks and Resorts, featuring more than 100 international acts across five stages. The festival is staged in partnership with […]
More than 17% of Romania’s population faced severe material and social deprivation last year, which was one of the highest shares in the EU, according to the statistical bureau of the European Union - Eurostat. In 2024, 6.4% of people in the European Union faced severe material and social deprivation, a slight decrease compared to […]
The Freedom and Respect for Every Earthling association will hold the March for Animal Rights in Bucharest on October 4, to mark International Animal Day. The march will start at 11 AM at the National Theater Park, and will go on to Piața Victoriei. Organizers say they aim to bring to the forefront the suffering […]
