The turnover in industry, in domestic and foreign markets, overall, increased in nominal terms by 5.6% in 2024 compared to the previous year, according to data published on Thursday by the National Institute of Statistics (INS).The evolution of industrial turnover was influenced by the manufacturing industry, which rose by 5.9%, and by the mining and quarrying industry, which fell by 1.8%.By major industrial groups, increases in turnover were recorded in the capital goods industry (+11%), durable goods industry (+7.5%), consumer goods industry (+3.8%) and intermediate goods industry (+3%). On the other hand, turnover in the energy industry dropped by 2.5%.In December 2024, turnover in industry increased in nominal terms, compared to the corresponding month of the previous year, as a whole, by 8.6%, due to increases in mining and quarrying (+23.1%) and manufacturing (+8%).By major industrial groups, growth was recorded by: capital goods industry (+19.2%), durable goods industry (+10.5%), intermediate goods industry (+5.4%) and current goods industry (+3.8%). Turnover in the energy industry decreased by 9.2%.In December 2024 compared with the previous month, the turnover in industry fell overall, in nominal terms, by 12.3% in December 2024 as a result of decreases in manufacturing (-12.4%) and mining and quarrying (-11.6%).By major industrial groups, decreases were recorded in the durable goods industry (-27%), intermediate goods industry (-20.8%), capital goods industry (-8%), energy industry (-5.8%) and current goods industry (-4.3%).
Romania has one of the lowest levels of property taxation in the European Union, with annual payments averaging under EUR 100 per person - more than seven times below the EU average, real estate consultancy Cushman & Wakefield Echinox said in an analysis based on Eurostat data. The study found that Romania collects property tax […]
The City Hall is set to hold a series of events dedicated to the Bucharest Days celebration on the weekend of September 20-21, including open-air concerts, theater performances, film screenings, exhibitions, and guided tours. The event starts with "Open Streets - Bucharest. Urban Promenade," which will bring to life this anniversary weekend on Calea Victoriei […]
A Romanian Air Force C-130 Hercules aircraft evacuated 10 Palestinian patients from Gaza on Wednesday, September 17, in a humanitarian mission coordinated with European and international partners, Romania’s Department for Emergency Situations (DSU) said. The patients, accompanied by 28 relatives, were flown from Israel’s Ilan and Asaf Ramon International Airport to Bucharest’s 90th Airlift Base […]
Romanian developer One United Properties (BVB: ONE) has signed a memorandum of understanding (MOU) with lifestyle hospitality company Ennismore to open a hotel under the brand The Hoxton in Bucharest. The Hoxton Bucharest will be located on Academiei Street, close to the University of Architecture. The hotel will rise on the site of three historic […]
Fewer than three out of four Romanians have a good opinion about the introduction of voluntary military service, a ratio slightly lower compared to a decade ago in 2015, the percentage being now lower among the AUR and PSD electorate, according to an ISCOP Research survey published on September 17 in the context of Russia […]
Romanian president Nicusor Dan informed the Parliament that he approved a request by the United States to bring additional forces to Mihail Kogalnicanu base at the Black Sea, in light of the rising tensions in the Middle East, according to
