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.
Romania’s prime minister Ilie Bolojan reportedly opposes the idea of further prolonging the price-capping mechanism introduced in August 2023 and repeatedly extended so far, according to Ziarul Financiar. Ambiguous statements over the weekend indicated an incipient conflict among the ruling coalition’s...
Several thousand civil servants rallied in Bucharest on September 15 to oppose government reform plans that would reduce public administration staff, Radio Romania Actualități reported. Protesters gathered in Victoriei Square before marching to the Palace of Parliament,...
A memorandum establishing a new stock exchange in the Republic of Moldova was signed on September 15 in Chișinău, with the Bucharest Stock Exchange (BVB) set to play a key role as shareholder and technology partner, according to Bursa.ro. The new Moldovan exchange will run...
The “service pensions”, also known as special pensions, paid to civilians (military not included in the report), cost the state budget and the state social insurance budget a total of RON 2.2 billion in 2024, over 22% more than in 2023,
The Czech company Tesla has officially announced to the government and local authorities that it is abandoning the project to build the energy storage factory in Brăila, an investment of EUR 90 million that was also to receive state aid, according to
Romanian households' purchasing power has deteriorated in July, both as a result of slower nominal advance (+5.2% y/y, the weakest in four years) but also because of a sharp rise in inflation (7.68% y/y) following the VAT rate hike, according to data published by the statistics office INS. The average net wage dropped by 3.0% […]
