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.
The fund Cultura Face Bine, a national funding mechanism for cultural projects backed by private-sector financing, will begin supporting local cultural organizations in 2026. The fund aims to support grassroots cultural initiatives with a proven impact in their communities and which need resources to continue, develop, or transform their activities. The funding mechanism has been […]
The European Commission (EC) announced on Thursday, December 11, that it is referring Romania to the Court of Justice of the European Union (CJEU) for failing to meet obligations under Ambient Air Quality Directives. According to the Commission, Romania has not ensured that its national air quality monitoring network complies with legally required standards on […]
The Bucharest Court of Appeal (CAB) held an unprecedented press conference on Thursday, December 11, in response to allegations raised in a recent media investigation published by Recorder, with court president Liana Arsenie firmly rejecting the claims. However, at the start of the press event, a judge from within the institution publicly stated that the […]
Romania’s Superior Council of Magistracy (CSM) issued its first response to the Recorder documentary alleging systemic manipulation within the justice system, calling the investigation an amplification of a “campaign to destabilize judicial authority.” The council said on Thursday, December 11, that it will evaluate what measures need to be taken following the report. In a […]
MedLife, Romania’s largest private medical services network, announced on Wednesday, December 10, that it reached a market capitalization of EUR 1 billion on the Bucharest Stock Exchange (BVB). The milestone secures its position as “the most valuable healthcare company” in the country. The achievement came nine years after MedLife’s listing on BVB in December 2016, […]
The Buzău Land UNESCO Global Geopark in Romania has become a “living laboratory” this week as a team of American researchers arrived to study microorganisms capable of surviving in extreme environments. The scientists, part of the interdisciplinary research organisation The Two Frontiers Project, are examining methane seeps, sulfur and petroleum springs, saline sources, and other […]
