- In July 2021, the volume of construction works decreased, as gross series, by 5.8% compared to the previous month and was down 3.6% as adjusted series according to the number of working days and to seasonality. - Compared to the corresponding month of the previous year, the volume of construction works fell, as gross series, by 2.4% and was up 0.3% as adjusted series according to the number of working days and to seasonality. - Compared to the 1.I-31.VII.2020 period, in the 1.I-31.VII.2021 period, the volume of construction works increased, as gross series, by 4.4% and rose, as adjusted series according to the number of working days and to seasonality, by 3.1%. The volume of construction works increased, as gross series, by 4.4%, in the first seven months of the year, compared to the data recorded in the same period of 2020, according to information published by the National Institute of Statistics (INS) on Thursday.Between January 1 and July 31, 2021, as a gross series, by structural elements, there was an increase in new construction works by 12.7%, while decreases were registered in overhaul repair works (-14.3%) and for current maintenance and repairs (-9%).Also, on construction objects, there was an increase of 28% in residential buildings. In contrast, non-residential buildings and engineering constructions decreased by 3.6% and 1.6%, respectively.According to the quoted source, in the first seven months of the current year, compared to the similar period of 2020, the volume of construction works increased, as series adjusted to the number of working days and seasonality, by 3.1%, a trend highlighted in new construction works (+10%). On the other hand, overhaul repairs and current maintenance and repairs decreased by 12.8% and 9.2%, respectively.At the same time, by construction objects, there was a jump in the case of residential buildings (+19.1%), but in non-residential buildings and engineering constructions there were decreases by 4% and 0.7%, respectively.Compared to the period July 2021 - June 2021, the volume of construction works decreased, as a gross series, by 5.8%, as well as by 3.6% as an adjusted series. In both cases, the decrease was determined by the activities at the capital repair works (-14.6% and -10.2% and the new construction works (-5.8% and -4.6%).In addition, on construction objects, there were decreases as follows: non-residential buildings (-16.9%, as gross series, respectively -16.8%, as adjusted series).INS data show that, in July 2021 compared to July 2020, the volume of construction works decreased as a gross series (-2.4%), but increased as an adjusted series (+0.3%).
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 […]
