In February 2024, compared with January 2024, seasonally adjusted industrial production increased by 0.8% in the euro area and by 0.7% in the EU, according to first estimates from Eurostat, the statistical office of the European Union. In January 2024, industrial production fell by 3.0% in the euro area and by 2.7% in the EU. In February 2024, compared with February 2023, industrial production decreased by 6.4% in the euro area and by 5.4% in the EU. Monthly comparison by main industrial grouping and by Member State In the euro area in February 2024 compared with January 2024, industrial production increased by 0.5% for intermediate goods, decreased by 3.0% for energy, increased by 1.2% for capital goods, increased by 1.4% for durable consumer goods, decreased by 0.9% for non-durable consumer goods. In the EU, industrial production increased by 0.9% for intermediate goods, decreased by 3.3% for energy, increased by 1.0% for capital goods, increased by 1.7% for durable consumer goods, decreased by 0.5% for non-durable consumer goods. The highest monthly increases were recorded in Ireland (+3.8%), Hungary (+3.5%) and Slovenia (+3.3%). The largest decreases were observed in Croatia (-4.6%), Lithuania (-3.0%) and Belgium (-2.7%). Romania is, among the EU countries, with the largest increases in industrial production in February with an advance of 2.7% Annual comparison by main industrial grouping and by Member State In the euro area in February 2024, compared with February 2023, industrial production decreased by 2.7% for intermediate goods, decreased by 3.6% for energy, decreased by 8.9% for capital goods, decreased by 4.3% for durable consumer goods, decreased by 6.1% for non-durable consumer goods. In the EU, industrial production decreased by 2.5% for intermediate goods, decreased by 3.5% for energy, decreased by 7.5% for capital goods, decreased by 3.9% for durable consumer goods, decreased by 4.7% for non-durable consumer goods. The largest annual decreases were recorded in Ireland (-36.0%), Belgium (-12.7%) and Bulgaria (-8.4%). The highest increases were observed in Spain (+3.5%), Slovenia (+2.8%) and Denmark (+2.7%).
The restructuring plan laid out by Liberty Galați was validated by the Galați Court on Friday, August 1, after having been approved by 52% of the ailing plant’s creditors last month. The plan, approved by creditors and confirmed by the Galați Court, sets out firm measures to restructure both the company’s operational activity and the […]
Animest, Romania’s leading animation film festival, returns to Bucharest this autumn with a special 20th anniversary edition. Running from October 3 to 12, the festival invites audiences to explore the theme of "the journey” - a metaphor for both its two-decade history and the personal, emotional paths traced through animated storytelling, the organizers said. Last […]
An article delving into the benefits of hydrotherapy, published by the famous US newspaper The New York Times, features a recommendation for six wellness centers, including Romania’s Therme center. According to the article, “studies show that immersion in water, hot or cold, can calm the nervous system, reduce joint pain and inflammation, stimulate circulation, lower […]
Plastic surgeon Tiberiu Paul Neagu, head of the Burns Center at Floreasca Hospital, one of the major hospitals in Bucharest, was dismissed on Monday, August 4, after a patient was transferred to Belgium following multiple multi-resistant hospital-acquired infections. The scandal broke out when a patient with burns over 70% of her body, who had been […]
The Buzău Land/Ținutul Buzăului UNESCO Global Geopark has received high praise from evaluators following a three-day official visit aimed at assessing its progress and determining whether the site will retain its UNESCO geopark status. The visit, conducted in June by Goran Radonic (Croatia) and Iván Cortijo Sánchez (Spain), concluded with positive feedback for the geopark […]
One United Properties (BVB: ONE), a publicly listed developer that has so far been focused on Bucharest, announced the signing of a promissory sale and purchase agreement for land located in a prime central area of Sibiu. The site, located on the former FLARO industrial platform, offers significant potential for urban regeneration, according to company […]
