Romania's economy grew 0.9% last year, and in the last quarter of 2024 the Gross Domestic Product (GDP) increased 0.7% compared to the same quarter in 2023, and 0.8% compared to the previous quarter, according to estimated data (flash) the National Institute of Statistics (INS) published on Friday.On a seasonally adjusted series, in Q4 2024, compared to the previous quarter, GDP was 0.8% higher. Compared to the same quarter in 2023, GDP registered a 0.7% increase.On an unadjusted series, compared to the same quarter in 2023, GDP in Q4 2024 recorded a 0.7% increase. In 2024, compared to 2023, the Gross Domestic Product increased 0.9%."As a result of revising the unadjusted quarterly GDP series by including the estimation of GDP for Q4 2024 in the quarterly series, the seasonally adjusted series was recalculated, with volume indices being revised compared to the second provisional estimate of GDP for Q3 2024, published in press release no. 7 on January 10, 2025, as follows: Q1 2024 results, compared to Q4 2023, were revised from 99.6% to 99.7%; Q3 2024 results, compared to Q2 2024, were revised from 100.0% to 100.1%. Seasonally adjusted series are recalculated quarterly in accordance with European practices," the quoted source mentioned.
Romanian director Radu Jude has won the Silver Bear for Best Screenplay for Kontinental '25 at this year's Berlin International Film Festival/ Berlinale. Kontinental '25 is Jude’s third film awarded in Berlinale’s main competition, after Aferim!, which earned...
With nearly 1,300 real estate transactions in 2024, the company tripled its sales volume compared to 2023. The total value of real estate transactions reached EUR 146 million in 2024. There were 114 transactions in January 2025, double the number in January 2024. With a total of almost 1,300 real estate transactions, North Bucharest Investments […]
Forvis Mazars Group, the international audit, tax and advisory services partnership, releases today its annual CEE M&A report, prepared in association with Mergermarket. It reveals that dealmaking in the CEE region suffered a decline in overall deal value, although a marginal rise in deal volume shows the market’s underlying robustness. The Investing in CEE: Inbound […]
With a total of almost 1,300 real estate transactions, North Bucharest Investments (NBI) managed to triple its sales volume compared to 2023, and the total value of transactions reached €146 million in 2024. This amount reflects an increase of 133% compared to the previous year and consolidates the company's leading position on the real estate […]
French president Emmanuel Macron said that Russia manipulated elections in Romania and that the cancellation of last year's presidential elections did not shock him as a result of that intervention. Macron made the comments during a session of questions from users on social media regarding the situation in Ukraine. Over one hour, he...
Romania’s Ministry of Education released the latest edition of the National Metaranking, identifying the top universities in the country. The ranking has undergone minor changes compared to last year’s edition or the last independent metaranking published in the fall by academic experts. The Transilvania University of Brașov has entered the top 5 universities in Romania, […]
