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 European Bank for Reconstruction and Development, or EBRD, invested EUR 707 million in 44 projects in Romania in 2024 to support the country’s green transition, a sharp increase compared to the previous year, when it invested EUR 658 million spread over 23 projects. EBRD cooperates with private corporations, equity funds, banks, as well as local […]
The Metropolitan Library of Bucharest, through its Dimitrie Cantemir Branch, announced a cultural premiere for Romania: the opening of the first corner dedicated to Nepali literature. The official opening is scheduled for February 1. "This is an important moment that reminds us that libraries are spaces for learning and for understanding cultural exchanges. Through this […]
Simtel Team, a Romanian engineering and technology group listed on the Main Market of the Bucharest Stock Exchange under the ticker SMTL, announced the opening of a new subsidiary in Essen, Germany. The company, one of the leaders in renewable energy in Romania, has been expanding internationally in recent years. The process began with the […]
A Greenpeace activist flew a powered paraglider near the Transocean Barents platform in Constanța on Wednesday, January 15, displaying a banner reading 'Stop Fossil Gas' in protest of OMV Petrom's Neptun Deep gas drilling project in the Black Sea. The platform, set to become Europe's largest fossil gas extraction site, is undergoing final preparations before […]
Romania has dropped ten positions in the 2025 ranking conducted by the defense-focused publication Global Firepower, which compiles a list of the world's most powerful armies based on various indicators every year. In 2024, Romania was ranked 41st in the list of 145 countries, while now it is ranked 51st, with a power ranking of […]
The 19th Gopo Awards Gala, celebrating the achievements of Romanian cinema, will take place on April 29 in Bucharest, according to an announcement by the Romanian Film Promotion Association. A total of 38 feature films, including fiction and documentaries released in 2024, have met the eligibility criteria and are now in the running for nominations. […]
