In September 2021, the seasonally adjusted volume of retail trade decreased by 0.3% in the euro area and by 0.2% in the EU, compared with August 2021, according to estimates from Eurostat, the statistical office of the European Union. In August 2021, the retail trade volume increased by 1.0% in the euro area and by 0.8% in the EU. In September 2021 compared with September 2020, the calendar adjusted retail sales index increased by 2.5% in the euro area and by 3.2% in the EU. Monthly comparison by retail sector and by Member State In the euro area in September 2021, compared with August 2021, the volume of retail trade decreased by 1.5% for non-food products, while it rose for food, drinks and tobacco by 0.7% and for automotive fuels by 1.1%. In the EU, the volume of retail trade decreased by 1.3% for non-food products, while it rose for food, drinks and tobacco by 0.8% and for automotive fuels by 1.0%. Among Member States for which data are available, the largest monthly decreases in the total retail trade volume were registered in Germany (-2.5%), Finland (-1.9%) and the Netherlands (-1.2%). The highest increases were observed in Estonia (+7.1%), Slovakia (+2.9%) and Luxembourg (+2.3%). In Romania, retail sales increased by 0.2% month-on-month. Annual comparison by retail sector and by Member State In the euro area in September 2021, compared with September 2020, the volume of retail trade increased by 4.4% for automotive fuel, by 3.7% for non-food products and by 0.5% for food, drinks and tobacco. In the EU, the retail trade volume increased by 4.8% for non-food products and for automotive fuel and by 0.8% for food, drinks and tobacco. Among Member States for which data are available, the highest yearly increases in the total retail trade volume were registered in Slovenia (+17.1%), Estonia (+16.8%) and Malta (+15.0%). Decreases were observed in Germany (-1.1%), Austria (-0.3%) and Spain (-0.1%).
The 32nd edition of the Sibiu International Theatre Festival (FITS) begins on Friday, June 20, bringing over 5,000 artists from 82 countries to the city. The events will take place over ten days and will transform the city into an "open-air stage, with large-scale productions, impressive installations, parades, fire shows, live music, aerial dances, and […]
Meta Estate Trust (MET), a holding company operating in the real estate sector, has invested approximately EUR 2 million in a new retail park currently under development in Ciolpani, a commune located on the Bucharest–Ploiești corridor (DN1), it said. The project is scheduled to be completed and handed over to tenants this year, with an […]
Romania benefits from a series of favorable factors that facilitate the growth and expansion of data center capacity and could emerge as a developing market, according to an analysis conducted by the real estate consultancy company Cushman & Wakefield Echinox. A diversified energy mix, with over 50% of energy production coming from renewable sources, along […]
The German company DEHN, a manufacturer of electrical engineering solutions for critical infrastructure, including lightning and surge protection, as well as safety equipment, will open a production site in Piteşti, southern Romania. The facility, the company's first in the country, will expand its capacities to serve customers in Europe. It fits seamlessly into the company's […]
Cluj-based real estate developer Urbano Group announced plans for a new retail park in a project valued at EUR 100 million. The company says it will be the largest retail park in Transylvania. Until now, the developer has obtained the necessary building permits to begin work on Phase 1 of the park, which was named […]
SIGNAL IDUNA ASIGURARE REASIGURARE announces that final approval has been received from the Financial Supervisory Authority (ASF) for the acquisition of the majority stake in Garanta Asigurări, owned by The Ethniki, Hellenic General Insurance Company, the leading composite insurer in Greece. This transaction marks a key milestone for SIGNAL IDUNA, as the company continues its […]
