Business services to enterprises in Romania increased in unadjusted terms by 16.3% in H1 2021 as against the same period in 2020, according to data published on Wednesday by National Institute of Statistics (INS).According to the statistics, June 1 - 30, 2021, an increase of the turnover of business services in unadjusted terms led to positive results in production of cinema, video and television programmes; broadcasting and transmission of programmes (+ 28.6%), information and information technology activities (+ 23.4%), transport activities (+ 16.8%), other services provided mainly to enterprises (+15. 4%) and communications activities (+ 7.3%).Over the reference period, the turnover of business services provided mainly to enterprises in nominal terms and adjusted for working days and seasonality increased as a whole, by 14.9%.INS data show that in June 2021 as against June 2020, the business services provided to enterprises increased both when unadjusted, and as adjusted series (+ 25.2%). In the case of the first category, there were increases in production, video, television programmes; broadcasting and transmission of programmes (+ 43.8%), IT services and information technology, and transport activities (+ 29.9%) each, other services provided mainly to enterprises (+ 25.3%) and communications (+ 9.7%).At the same time, the business services turnover increased by 7.2% in nominal terms, unadjusted terms, in June vs. May 2021, due to the information services and information technology activities (+ 11%), other services provided mainly to enterprises (+ 9.5%) and transport activities (+ 5.8%). On the other hand, communication activities decreased by 0.7%, while the activities of production of cinema, video and television programmes; broadcasting and transmission of programmes remained at the same level comparatively.The turnover of business services provided mainly to enterprises, adjusted for working days and seasonality, advanced 2.1 overall.
East Grain Group and Poultry Investment SA have acquired the 45% stake previously held by UBM Group in UBM Feed Romania, thus becoming equal shareholders in one of Romania's largest feed producers, which will now operate under the brand Protena. East Grain is controlled by Czech agri-food group Agrofert, one of the largest agribusiness groups […]
The Foreign Investors Council (FIC) has appointed Ruxandra Băndilă as its executive director. Băndilă will coordinate FIC's activity and "will contribute to strengthening the dialogue with authorities, consolidating the organization's positioning as a reliable partner in promoting a stable and predictable business environment, as well as supporting Romania's becoming a competitive and attractive destination for […]
Romania’s European projects and investments minister, Dragoș Pîslaru, announced that he will notify the European Public Prosecutor’s Office (EPPO) regarding the purchase of electric minibuses for students with EU funds. The minister said that “multiple dysfunctions” were noted in how the EU funds were used in the project. Aside from notifying the EPPO, the minister […]
Only about 44% of employees in Romania say they have used AI in the past year, while the average usage rate in the 48 countries included in the report was 57%, according to the PwC Workforce Hopes and Fears Survey 2025 report. India and Vietnam are at the top, with 84%, followed by China (78%). […]
A new four-star hotel is set to rise next to Bucharest’s Henri Coandă International Airport, following a EUR 45.5 million investment announced by real estate developer D. GROUP. The Wyndham Garden Bucharest Airport Hotel, scheduled to open in July 2027, will introduce the Wyndham Garden brand to Romania for the first time. Located 150 metres […]
Romania ranks 3rd in a European heatwave vulnerability ranking and will experience 3 heatwave events annually, lasting 17 cumulative days with average temperatures of 36.82°C, placing it ahead of all Mediterranean countries, according to new research from climate system experts at Reinders Corporation. The study analysed climate modelling data, heatwave frequency, and average temperatures across […]
