In September 2023 compared with August 2023, seasonally adjusted production in the construction sector increased by 0.4% in the euro area and by 0.5% the EU, according to first estimates from Eurostat, the statistical office of the European Union. In August 2023, production in construction fell by 1.1% in the euro area and by 0.8% in the EU. In September 2023 compared with September 2022, production in construction decreased by 0.3% in the euro area and increased by 0.1% in the EU. Monthly comparison by construction sector and by Member State In the euro area in September 2023, compared with August 2023, civil engineering increased by 1.5% and building construction by 0.2%. In the EU, civil engineering increased by 1.1% and building construction by 0.3%. Among Member States for which data are available, the highest monthly increases in production in construction were recorded in Slovenia (+7.4%), Poland (+3.6%) and Slovakia (+2.3%). The largest decreases were observed in Hungary and Romania (both -1.9%), Portugal (-1.2%) and Austria (-0.9%). Annual comparison by construction sector and by Member State In the euro area in September 2023, compared with September 2022, building construction decreased by 0.3%, while civil engineering increased by 2.5%. In the EU civil engineering increased by 2.8% and building construction decreased by 0.1%. Among Member States for which data are available, the highest increases were recorded in Slovenia (+32.1%), Poland (+13.8%) and Romania (+10.9%). The largest annual decreases in production in construction were observed in Finland (-6.2%), Spain (-6.1%) and Hungary (-6.0%).
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 […]
