Romania's Gross Domestic Product (GDP) grew by 0.9% in Q2 2023, compared to the first three months, and it increased by 1.7% in H1 as unadjusted series and by 2.8% as seasonally adjusted series compared to the same period in 2022, according to provisional data released Thursday by the National Institute of Statistics (INS).Compared to the same quarter of 2022, GDP grew by 1.1% as unadjusted series in Q2 2023 and by 2.7% on a seasonally adjusted basis."The seasonally adjusted series of quarterly Gross Domestic Product did not change significantly, as a result of the revision of the estimates for the second quarter of 2023, compared to the "signal" version published in the press release no. 202 of August 16 2023," the INS states.Gross Domestic Product - seasonally adjusted data - estimated for Q@ 2023 stood at 39.5152 billion RON current prices, up - in real terms - by 0.9% compared to Q1 2023 and by 2.7% compared to Q2 2022, although in nominal terms there was a slight decrease compared to the previous quarter.In terms of GDP use, the increase was mainly due to: household final consumption expenditure, whose volume increased by 3.9%, contributing +2.5% to GDP growth, and gross fixed capital formation, the volume of which increased by 11.2%, contributing +2.5% to GDP growth.Net exports also made a positive contribution to GDP growth (+1.0%), as a result of a 0.3% increase in the volume of exports of goods and services combined with a 1.7% decrease in the volume of imports of goods and services.
The first padel club in western Romania, Padel Center, will host the first padel tournament within the official calendar of the International Padel Federation (FIP) organized in Romania and the Balkans. The FIP SILVER ROMANIA tournament will take place from May 26 to June 1, on the Padel Center courts in Dumbrăvița (6 Praga Street), […]
Romania’s Competition Council has authorized the transaction through which electronic retailer Altex takes over DIY chain Brico Depot Romania, a network with 32 stores and 2,000 employees, in a deal valued at EUR 70 million. Altex is one of the leading retailers of electronics in Romania, while Brico Depot offers products in categories such as […]
Romanian poets Teona Galgoțiu and Radu Nițescu, along with Swedish poets Jonathan Brott and Filip Lindberg, will take part in the 13th edition of the Romanian-Swedish Translation Workshop, to be held between April 23–30 in Stockholm. The workshop is organized by the Romanian Cultural Institute in Stockholm and the National Book Center (CENNAC) in partnership […]
The Irish dance group Lord of the Dance will return to Romania on April 2 and 3, 2026, with the "30th Anniversary Tour." The troupe founded by the well-known Michael Flatley will perform the two shows in Romania on April 2, at the BT Arena Polyvalent Hall in Cluj Napoca, and on April 3, at […]
The National Opera in Bucharest will host the "I Exist Too!" charity concert, featuring Byzantine music, in support of children diagnosed with autism, on May 26. The goal of the concert is to raise the necessary funds to support families whose children have been diagnosed with autism spectrum disorders. All proceeds from donations and ticket […]
Schwarz IT continues its development and aims to expand its team in Romania by approximately 30% in 2025, opening opportunities for IT specialists who want to contribute to complex digitalization projects. Available positions include Cloud Network Engineer, DevOps Engineer AI, ServiceNow Developer, Junior and Senior GO Software Engineer, Adobe Experience Manager Software Developer, PhP Developer […]
