- As against the same quarter of 2020, the Gross Domestic Product recorded an increase by 13.0% for the unadjusted series and by 13.6% for the seasonally adjusted series; - In the first semester of 2021, as against the same period of the previous year, the Gross Domestic product increased by 6.5% for the unadjusted series and by 6.2% for the seasonally adjusted series; - The seasonally adjusted series of quarterly Gross Domestic Product was readjusted as a result of the introduction of the estimates for Q2 2021, being revised as compared to the version published in the Press release no. 174 of 8 July 2021. Romania's Gross Domestic Product (GDP) advanced 6.5% in H1 2021 y-o-y in unadjusted terms, and 6.2% when seasonally adjusted according to the flash estimates published on Tuesday by the National Institute of Statistics (INS).In Q2 2021, GDP increased by 1.8% on a quarterly basis seasonally adjusted. When compared to the same quarter one year before, the Romanian economy was up 13.6%.According to INS data, Romania's Q2 2021 GDP was up 13% in unadjusted terms over Q2 2020."Following the revision of the unadjusted series by including the estimate of Gross Domestic Product for the second quarter of 2021 in the quarterly series, the seasonally adjusted series was recalculated, with the volume indices being revised against the second provisional version of Q1 2021 Gross Domestic Product published in press release 174 of July 8, 2021. Thus, the results of the first quarter of 2021, against the fourth quarter of 2020, were revised from 102.9% to 102.5%," according to INS.
Representatives of the “Agrippa Ionescu” hospital in Bucharest confirmed on Monday, June 16, that former president Ion Iliescu has lung cancer. Earlier this month, former president Traian Băsescu also underwent a planned heart surgery at a hospital in Paris. Iliescu, who is 95 and was president of Romania from 1989 until 1996 and from 2000 […]
The phenomenon of violence against women perpetrated by their partners is more prevalent in Romania compared to other EU states, according to Eurostat data processed by Monitorul Social, a project of Friedrich-Ebert-Stiftung Romania, or FES. Almost half of the women in Romania (45.5%) have suffered psychological violence from their intimate partner, compared to the EU […]
The European Bank for Reconstruction and Development, or EBRD, is set to invest EUR 40 million in the company behind the region’s Burger King franchise, the Polish holding company Rex Concepts. The money will go toward supporting the chain's expansion by opening new quick-service restaurants in Poland, Romania, and the Czech Republic. Rex Concepts, backed […]
Via Transilvanica, the long-distance trail that crosses the country, has unveiled a kilometer milestone on Șimian Island, an island on the Danube located downstream of Drobeta-Turnu Severin. It is a symbolic extension for the trail, which stretches from Putna, in northern Romania, to Drobeta Turnu Severin, marking seven years since the Via Transilvanica project began […]
In 1905, the first Siemens company was established in our country. Siemens S.R.L. has consistently invested in education and human capital development, providing scholarships worth nearly €1,900,000 to undergraduate, Master's, and PhD students, for over 10 years. The company maintains long-term collaborations with prestigious technical universities in Bucharest, Brașov, Cluj-Napoca, and Iași. In 2025, Siemens […]
The organizers of Bucharest's Neversea Kapital festival, scheduled for July 4–6, announced the names of two more guests that will complete the lineup, namely house sensation John Summit and techno star Paul Kalkbrenner. John Summit is a big name in the house and electronic dance genres. Recognized by Rolling Stone as “The Hottest Name in […]
