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.
Daniel Christian Hulea, a Romanian man accused of contributing to the NetWalker ransomware attacks, has been sentenced to 20 years in prison after pleading guilty to conspiracy to commit computer fraud and wire fraud, according to a public announcement from the US Department of Justice. NetWalker was a Ransomware-as-a-Service operation launched in 2019, which recruited […]
The new Romanian government, headed by the same Social Democratic prime minister, Marcel Ciolacu, recently made its governance program public. Among its objectives are reducing the level of bureaucracy, maintaining the flat tax rate, and reducing the budget deficit to 7% in 2025. To reach its goals, the government reduced the number of ministries to […]
The European Commission (EC) announced on Monday, December 23, that it disbursed payments under the Recovery and Resilience Facility (RRF) to Czechia, Germany, Italy, Portugal, and Romania, totaling EUR 26.8 billion in loans and grants. Under this latest disbursement, Romania received EUR 37.05 million as part of its second payment request. By comparison, according to the...
Romanian film trilogy Moromeții, directed by Stere Gulea, will be presented at the 54th edition of the Rotterdam International Film Festival, taking place from January 30 to February 9, 2025. This renowned European event, which annually presents hundreds of films across more than 20 sections, will feature the three films - Moromeții (1987), Moromeții 2 […]
Romania issued state aid worth EUR 1.3 billion during 2019-2023, with 62% of the projects being granted to foreign companies, according to an analysis conducted by EY Romania. The sectors that benefited the most from aid were the automotive industry, technology, manufacturing (light industry), medical industry, and the food and beverage industry. According to the […]
The Abracadabra – Secrets of Magic interactive exhibition will transform Arcub – Hanul Gabroveni in Bucharest into a magical universe starting December 27, 2024. Running until May 4, 2025, the event offers visitors the opportunity to explore a labyrinth of magic, featuring over 20 interactive attractions and more than 500 live performances by MAGITOT and […]
