Net investments made in the national economy are 118.5 billion lei in the period between January and October this year, up by 14.4% as compared to the similar period of last year, according to the data of the National Institute for Statistics (INS), published on Monday.The growth of investments was recorded for all structure elements: other expenses by 28.6%, new construction works by 14% and machines (including transport means) by 11.5%.Most investments were made in new construction works, with a total of 74.2 billion lei in the first ten months. A sum of 34.7 billion lei was allocated to machines and transport means and 9.6 billion to other expenses.In Q 3 2023, net investments made in the national economy a sum of 48.8 billion lei, up by 16.6% as compared to Q3 2022. The growth was seen in all structure elements: other expenses by 35.9%, new construction works by 19.2% and machines (including transport means) by 7.4%.Net investments represent expenses destined to the creation of new fixed means, development, modernization and reconstruction of the existing ones, as well as the value of services connected to the transfer of ownership on existing fixed means and land taken over with payment from other units or from the population (notary fees, commissions, transport and handling costs, etc.)says INS.
The Metropolitan Library of Bucharest, through its Dimitrie Cantemir Branch, announced a cultural premiere for Romania: the opening of the first corner dedicated to Nepali literature. The official opening is scheduled for February 1. "This is an important moment that reminds us that libraries are spaces for learning and for understanding cultural exchanges. Through this […]
Simtel Team, a Romanian engineering and technology group listed on the Main Market of the Bucharest Stock Exchange under the ticker SMTL, announced the opening of a new subsidiary in Essen, Germany. The company, one of the leaders in renewable energy in Romania, has been expanding internationally in recent years. The process began with the […]
A Greenpeace activist flew a powered paraglider near the Transocean Barents platform in Constanța on Wednesday, January 15, displaying a banner reading 'Stop Fossil Gas' in protest of OMV Petrom's Neptun Deep gas drilling project in the Black Sea. The platform, set to become Europe's largest fossil gas extraction site, is undergoing final preparations before […]
Romania has dropped ten positions in the 2025 ranking conducted by the defense-focused publication Global Firepower, which compiles a list of the world's most powerful armies based on various indicators every year. In 2024, Romania was ranked 41st in the list of 145 countries, while now it is ranked 51st, with a power ranking of […]
The 19th Gopo Awards Gala, celebrating the achievements of Romanian cinema, will take place on April 29 in Bucharest, according to an announcement by the Romanian Film Promotion Association. A total of 38 feature films, including fiction and documentaries released in 2024, have met the eligibility criteria and are now in the running for nominations. […]
NXP Semiconductors N.V. secured a EUR 1 billion loan from the European Investment Bank (EIB) for the company’s research, development, and innovation (RDI) projects in Austria, France, Germany, The Netherlands, and Romania. The financing will support NXP’s RDI projects aimed at various end markets including automotive, Industrial, and Internet of Things (IoT) for the period […]
