In December 2021 compared with November 2021, seasonally adjusted production in the construction sector decreased by 4.0% in the euro area and by 3.1% in the EU, according to first estimates from Eurostat, the statistical office of the European Union. In November 2021, production in construction fell by 0.2% in the euro area and increased by 0.1% in the EU. In December 2021 compared with December 2020, production in construction decreased by 3.9% in the euro area and by 1.8% in the EU. The annual average production in construction for the year 2021, compared with 2020, increased by 5.2% in the euro area and by 4.8% in the EU. Monthly comparison by construction sector and by Member State In the euro area in December 2021, compared with November 2021, building construction decreased by 4.5% and civil engineering by 1.9%. In the EU, building construction decreased by 3.6% and civil engineering by 1.3%. Among Member States for which data are available, the largest monthly decreases in production in construction were recorded in Austria (-8.1%), Germany (-7.3%) and France (-7.0%). The highest increases were observed in Hungary (+7.2%), Sweden (+4.6%) and Belgium (+3.2%). According to Eurostat, in Romania the construction works registered a decline of 0.2% in December, after an increase of 9.4% the previous month. Annual comparison by construction sector and by Member State In the euro area in December 2021, compared with December 2020, building construction decreased by 4.6%, while civil engineering increased by 0.7%. In the EU building construction decreased by 2.1%, while civil engineering increased by 1.7%. Among Member States for which data are available, the largest annual decreases in production in construction were observed in Germany (-13.6%), Slovenia (-6.4%) and Austria (-4.3%). The highest increases were recorded in Hungary (+29.0%), Italy (+19.3%) and Sweden (+9.6%).
Representatives of the ruling Social Democratic Party, PSD, gathered for a congress in Bucharest on Friday, November 7, to elect new leadership and to amend the party’s Statute. The only candidate for party leader is Sorin Grindeanu, who held the interim position after Marcel Ciolacu's resignation in May. In his speech at the congress, Sorin […]
The e-commerce sector recorded strong early results on Black Friday 2025, according to real-time data released on Friday, November 7, by PayU GPO Romania from its dedicated Media Center. By 14:10, the payment processor reported successful transactions totaling RON 514 million (roughly EUR 101 million). PayU said shoppers had made roughly 889,000 purchases, with around […]
Contakt Express Logistik, one of Romania’s leading retailers of mobile phone and tablet accessories, with a network of over 235 stores, is set to launch the initial public offering (IPO) between November 12 and December 3, 2025. The company offers a wide range of products, including cases, screen protectors, chargers, and gadgets, both in physical […]
Romania attracts fewer international tourists today than it did during the communist era, making it the only country in Europe in this situation, the National Association of Travel Agencies (ANAT) warned, as reported by news agency Agerpres. According to the organization, Romania received more than 3.4...
InterCapital ETF, the first international ETF provider in Romania, will launch two new exchange-traded funds on the Bucharest Stock Exchange starting November 11, 2025. The new instruments are the InterCapital CROBEX10 TR UCITS ETF, which offers exposure to the Croatian blue-chip equity market by tracking the performance of the CROBEX10tr index, and the InterCapital EUR […]
The Competition Councils of Romania, Bulgaria, and the Republic of Moldova have granted the necessary authorizations and approvals for the completion of the transaction through which Maspex Romania takes over the majority shareholding of Purcari Wineries. The Maspex Group, which has been present in Romania for nearly 30 years, became the majority shareholder of one […]
