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%).
Prime minister Ilie Bolojan said the government’s fiscal consolidation measures are beginning to show results, citing a 12.5% rise in state budget revenues and a drop in personnel spending in the third quarter, among other indicators. He pointed to the improving figures and stronger market confidence as signs that Romania is “on the right path.” […]
One United Properties, the leading green investor and developer of residential, mixed-use, and office real estate in Romania, announces the signing of a new lease agreement for the relocation of Cencora Romania’s headquarters within One Cotroceni Park, the most modern business ecosystem in Bucharest. Cencora is a global leader in pharmaceutical solutions, dedicated to improving […]
The investment includes the modernization of the production unit in Crevedia and the launch of PIUA, Maidan’s first premium spreadable product range, responding to the growing demand in the ready-to-eat market. Maidan, a company active in corporate and private event catering, industrial catering and the development of its own gastronomic products, announces a total investment […]
One United Properties (BVB: ONE), the leading green investor and developer of residential, mixed-use, and office real estate in Romania, announces the signing of a new lease agreement for the relocation of Cencora Romania’s headquarters within One Cotroceni Park, the most modern business ecosystem in Bucharest. Cencora is a global leader in pharmaceutical solutions, dedicated […]
Unanimously adopted, the Nordis Law marks a decisive moment for Romania’s residential market. It introduces a set of rules designed to protect buyers, hold developers accountable, and reduce speculative risks, with a strong focus on transparency and stability. Under the new legislation, the reservation fee cannot exceed 5% of the property value, reservation contracts cannot […]
Via Dobrogeana, a planned trail covering the southeastern part of the country, aims to offer travelers the opportunity to explore the region's cultural and ethnic diversity. The trail will be about 850 km long, stretching from the 17th-century Sfânta Precista Monastery in Galați to Ialomița County. Via Dobrogeana will be a mixed route. In addition […]
