Trade in motorcycles and motor vehicles contributed to a 2.2% increase in the turnover volume of wholesale and retail trade, maintenance and repair of motor vehicles and motorcycles, as gross series, in the first eight months of this year compared to the same period in 2023, according to data the National Institute of Statistics (INS) released on Friday.The official data reveal that, in the period January 1 - August 31, 2024, as gross series, increases in business were reported in: trade in motorcycles, related parts and accessories; maintenance and repair of motorcycles (+18.8%), trade in motor vehicle parts and accessories (+7.8%) and trade in motor vehicles (+2.7%). On the other hand, activities in the maintenance and repair of motor vehicles decreased 15.4%.In the same period, the volume of turnover in wholesale and retail trade, maintenance and repair of motor vehicles and motorcycles, as series adjusted for the number of working days and seasonality, increased 2.2%.According to the source, in August this year compared to August 2023, the turnover in wholesale and retail trade, maintenance and repair of motor vehicles and motorcycles, as a gross series, increased 0.1%, due to the results of trade in motorcycles, related parts and accessories; maintenance and repair of motorcycles (+21.9%), trade of parts and accessories for motor vehicles (+1.7%) and trade of motor vehicles (+1.4%). In contrast, maintenance and repair of motor vehicles decreased 13.7%.On an adjusted basis, during the same comparison period, total turnover in wholesale and retail trade, maintenance and repair of motor vehicles and motorcycles increased 2.7%.On a month-on-month basis (August vs July 2024), turnover in trade in motor vehicles fell 11.5% on gross series, but was on an upward trend (+0.3%) on adjusted series.
The Feldioara Uranium Concentrate Processing Plant (FPCU), owned by the state-owned company Nuclearelectrica, the operator of the Cernavoda nuclear power plant, will deliver nuclear fuel in the form of uranium dioxide (UO2) to Argentina, a first for the Romanian nuclear industry. The Uranium Concentrate Processing Factory (FPCU) Feldioara, a subsidiary of Nuclearelectrica (BSE: SNN), won […]
Romania’s isolationist Alliance for the Union of Romanians (AUR) has consolidated its leading position with 40% of voting intentions, according to an INSCOP Research poll conducted between October 6 and 10. The party’s support remains more than double that of the second-placed Social Democratic Party (PSD), which registered 17.6%. The governing coalition parties - PSD […]
Romania's Social Democratic Party (PSD), the largest in the ruling coalition, will hold its congress and implicitly elect a new president on November 7, announced the party's interim head, Sorin Grindeanu, who is at this moment the sole candidate for a full term, according to Ziarul Financiar. ...
The minister of investments and European projects, Dragoș Pîslaru, stated on October 13 that the milestone 215 in the National Recovery and Resilience Plan (PNRR) regarding special pensions has not been met and, therefore, the EUR 231 million funds have been suspended. He thus contradicted the Supreme Council of Magistracy (CSM) and defended prime minister […]
Recycllux is tackling marine plastic pollution with a platform connecting companies seeking to offset their plastic footprint with the local cleanup capacity. From the more than 400 million tonnes of plastic that are produced yearly worldwide, more than 10 million tonnes end up in lakes, rivers, and seas annually, UN data shows. As awareness of […]
The deficit of Romania’s trade in goods has contracted by 10% y/y to EUR 2.6 billion in August, marking the fourth consecutive month of negative annual dynamics. The deficit in 12 months to August eased to EUR 34.4 billion, down from EUR 35.7 billion calculated in 12 months to April. The trade deficit to GDP […]
