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%).
Romanian president Nicușor Dan met with UK prime minister Keir Starmer on Wednesday morning, June 25, on the sidelines of the NATO summit in The Hague. The meeting brought together Romania’s full official delegation, including presidential security advisor Cristian Diaconescu, newly appointed foreign minister Oana Țoiu, defence minister Ionuț Moșteanu, and Romania’s permanent representative to […]
EUROPAfest 2025 will bring a special jazz experience to Bucharest this summer, transforming the Royal Palace into a stage for international artists between July 4 and 13. The festival opens with a series of concerts that highlight jazz traditions from around the world, with a particular focus on artists from Japan and Norway. The Opening […]
The publicly-traded Romanian real estate company Meta Estate Trust, ticker MET, announced a new investment worth EUR 1.52 million in four villas within the Radisson Blu Grand Mountain Resort Brașov, the first 5-star mountain villa resort in Romania. The premium resort is currently under development, and the four villas representing Meta Estate Trust’s investment are […]
Passenger car registrations in Romania recorded the sharpest year-on-year decline in Europe in May, according to data published Wednesday, June 25, by the European Automobile Manufacturers Association, or ACEA, which represents the 16 major car manufacturers in Europe. Regionally, however, the situation is different, as the auto market in Europe returned...
Maidan, a company active in event catering, industrial catering and the development of its own gastronomic products, ended the year 2024 with a turnover of EUR 3.2 million, up 30% compared to the previous year. This evolution comes in the context of an unstable economic environment, but also of significant internal transformations. Investments for the […]
Danish renewable energy developer Eurowind Energy has announced a EUR 174.8 million investment to develop its largest solar park in Romania, located in Vișina, Dâmbovița county. The new solar facility will have an installed capacity of 220 MW, making it one of the largest solar projects in the country. The facility is expected to generate around […]
