The production services has increased by 0.1% in the European Union and has decreased by 0.1% in the euro zone, in May as compared to the previous month (when there was an expansion of 1% in both zones) and Romania had the most significant advance, according to the data published on Wednesday by the European Bureau for Statistics (Eurostat).The biggest increases of the production of services, in May as compared to April were registered in Romania (17.7%), Luxembourg (3.6%) and Malta (2.5%) and the most severe decline in Slovakia (minus 1.9%), Denmark (minus 1.8%) and Slovenia (minus 1.6%).Among the EU member states, the production of services dropped by 0.7% on the segment ”transport and storage”, by 0.2% for real estate activities, by 0.1% for administrative services and assistance, was stable for professional activities and increased on the segment of accommodation and food services by 1% and on the segment ”information and communication” by 0.4%. In May 2024, as compared to the similar period of 2023, the production of services has increased by 2.6% both in the EU and by 2.5% in the euro zone.The largest increases in service production in May 2024 compared to the similar period in 2023 were recorded in Luxembourg (16.6%), Malta (16.5%) and Romania (14%), and the most severe decline in Greece (minus 6.2%), Denmark (minus 3.2%) and Austria (minus 3%).Among the EU member states, the production of services has increased by 0.1% for the segment ”transport and storage”, by 7.7% for ”information and communication”, by 1.7% for real estate activities, by 2.7% for professional activities, by 1.3% for administrative and assistance services and dropped on the segment of accommodation and food services, by 1.1%.
A new four-star hotel is set to rise next to Bucharest’s Henri Coandă International Airport, following a EUR 45.5 million investment announced by real estate developer D. GROUP. The Wyndham Garden Bucharest Airport Hotel, scheduled to open in July 2027, will introduce the Wyndham Garden brand to Romania for the first time. Located 150 metres […]
Romania’s former prime minister, Marcel Ciolacu, won around 52% of the votes cast for the leadership of the Buzău County Council, a position he previously held. Ciolacu, backed by the Social Democratic Party (PSD), was followed by the candidate of the far-right party Alliance for the Union of Romanians (AUR), Ștefan Avrămescu, with 27% of […]
Romanian producers from Timiș and Tulcea claimed three gold medals at the 2025 edition of the Concours International de Lyon, one of Europe’s leading cheese and dairy competitions. Held in Lyon, the event brought together products from 15 countries and awarded a total of 680 medals, including 459 gold and 221 silver. From Romania, Asociația […]
Allianz-Țiriac Asigurări and Campion Grup, owner of one of Romania’s largest insurance brokerage companies, have signed an agreement under which the insurer will acquire the entire shareholding of Campion Broker. Founded in 2007 by entrepreneur Octavian Tatomirescu, Campion Broker currently ranks seventh among insurance brokerage firms in Romania and operates a nationwide distribution network of […]
Romania’s national team learned its potential group-stage opponents for the 2026 FIFA World Cup on Friday, December 5, during the official draw held at the John F. Kennedy Center for the Performing Arts in Washington, D.C. The winner of the UEFA play-off path that includes Romania will join Group D, alongside the United States, Paraguay, […]
Romanian president Nicuşor Dan is paying an official visit to France on Monday and Tuesday, with a schedule that includes meetings with French leader Emmanuel Macron, Paris mayor Anne Hidalgo, and members of the Romanian community,
