Industrial production in the EU and the euro zone registered a drop beyond expectations in October 2022, compared to September 2022, but Romania and Slovenia were the member countries where industrial production registered the smallest decline, from one month to the next, shows the data published on Wednesday by Eurostat.According to these data, industrial production decreased by 2% in the euro area and by 1.9% in the EU, in October compared to September. The member states with the most important decreases in industrial production were Ireland (minus 10.7%), Luxembourg (minus 4.4%) and the Czech Republic (minus 3.7%). The most modest decreases were recorded in Romania (minus 0.4%) and Slovenia (minus 0.3%). The only EU countries where industrial production increased from one month to another were Slovakia (1.3%), Lithuania (1.1%), Greece (0.5%) and Austria (0.2%).On an annual basis, in October 2022 compared to October 2021, industrial output went up by 3.4% in the euro area and by 3.7% in the European Union. The member states with the strongest industrial production growth rate were Ireland (53.2%) and Denmark (10.7%). The most modest increases were recorded in Romania (0.7%) and Slovenia (0.1%).The fall in industrial production in the euro zone in October is greater than forecast by analysts interviewed by Reuters, who were counting on a contraction of 1.5% compared to the previous month.The data previously published by the National Institute of Statistics show that in Romania industrial production was lower in October 2022 compared to September 2022, by 2.6%, as unadjusted series. Industrial production, as series adjusted for business days and seasonality was lower compared to the previous month by 0.4%. Compared to October 2021, industrial production decreased by 0.1% as unadjusted series. Industrial production, as series adjusted adjusted for business days and seasonality, was higher by 0.7%.
In the context in which agri-food systems are responsible for almost one third of global greenhouse gas emissions, Auchan Romania assumes an active role in the transition of its supply chain toward a more sustainable model. At the second edition of the Climate Supplier Event, organized under the aegis of the Climate Change Summit, the […]
Janiva Magness, the winner of seven Blues Music Awards following 26 nominations, and nominated for a Grammy for a career spanning 17 albums, is set to perform at the 14th edition of the Brașov Jazz & Blues Festival, which will take place between August 14–16, 2026. Magness is one of the most valuable and influential […]
Auction house Artmark announced a major auction for this winter featuring an engraving created by Francisco Goya, the most important Spanish artist of the late 18th and early 19th centuries. Romania's late communist leader Nicolae Ceaușescu received this gift from King Juan Carlos I as a gesture of diplomacy. The engraving entitled “The Engagement – Capricho […]
Authorities managing Romania's Bicaz Gorges–Hășmaș National Park has built a fish ladder system on the Bicaz River, which will allow protected species to migrate and reproduce. There are several bridges and small bridge structures in the Bicaz River that have a “bottom sill,” meaning small waterfalls. Fish that do not jump like the trout cannot […]
The far-right opposition parties in the Romanian Parliament are set to file a motion of no confidence against the government headed by prime minister Ilie Bolojan. The motion, authored by senator Ninel Peia of the Peace – Romania First group, is specifically aimed at the reformist party Save Romania Union (USR), and is entitled “Romania […]
Romania's iconic rock singer Adrian Pleșca, known as “Artan,” died on Tuesday, December 2, after a fatal stroke, at the age of 64. The artist founded the well-known band “Timpuri Noi” in 1982 and “Partizan” in 2001, and was popular on the Romanian rock scene. Over the years, he left and returned to the two bands. Several […]
