International rating agency S&P announced it would carry out its first review of Romania's rating on January 24 and another two times later this year in April and October, according to
In August 2021, the seasonally adjusted industrial production fell by 1.6% in the euro area and by 1.5% in the EU, compared with July 2021, according to estimates from Eurostat, the statistical office of the European Union. In July 2021, industrial production rose by 1.4% in the euro area and by 1.2% in the EU. In August 2021 compared with August 2020, industrial production increased by 5.1% in the euro area and by 5.3% in the EU. In Romania the increase was 1.1% Monthly comparison by main industrial grouping and by Member State In the euro area in August 2021, compared with July 2021, production of capital goods fell by 3.9%, durable consumer goods by 3.4%, intermediate goods by 1.5% and non-durable consumer goods by 0.8%, while production of energy rose by 0.5%. In the EU, production of capital goods fell by 4.0%, durable consumer goods by 2.9% and intermediate goods by 1.4%, while production of energy remained stable and non-durable consumer goods rose by 0.3%. Among Member States for which data are available, the largest monthly decreases were registered in Malta (-6.3%), Germany and Estonia (both -4.1%) and Slovakia (-3.8%). The highest increases were observed in Denmark (+3.5%), Lithuania (+2.9%) and Luxembourg (+2.1%). Annual comparison by main industrial grouping and by Member State In the euro area in August 2021, compared with August 2020, production of non-durable consumer goods rose by 11.6%, intermediate goods by 6.6% and capital goods by 2.8%, while production of energy fell by 0.6% and durable consumer goods by 1.9%. In the EU, production of non-durable consumer goods rose by 10.9%, intermediate goods by 7.1%, capital goods by 2.4% and energy by 1.0%, while production of durable consumer goods fell by 0.8%. Among Member States for which data are available, the largest annual increases were registered in Belgium (+29.9%), Ireland (+22.1%) and Lithuania (+15.4%). Decreases were observed in Portugal (-7.2%), Malta (-4.2%) and Czechia (-1.4%).
International rating agency S&P announced it would carry out its first review of Romania's rating on January 24 and another two times later this year in April and October, according to
The Romanian owner of the major local dairy Simultan, Florin Herbai, is in talks about selling the company to a foreign investor, according to Economica.net. "We have been discussing selling [the company] for about eight months....
The National Cathedral will be consecrated on October 26, 2025, in a ceremony led by Ecumenical Patriarch Bartholomew I of Constantinople and Patriarch Daniel of the Romanian Orthodox Church. According to Basilica.ro, the event will commemorate the centenary of the Romanian Patriarchate, marking 140 years since the Romanian Orthodox Church...
More than a dozen individuals, among which bar administrators, bartenders, waiters, and hostesses, have been brought to trial by prosecutors on charges of intoxicating foreign tourists who visited two establishments in the Bucharest Old Town, after which they robbed them or emptied their bank accounts. In total, 16 individuals and two companies have been charged […]
Romanian Major General Florin Barbu is set to take command of the EU’s EUFOR ALTHEA mission in Bosnia and Herzegovina (BiH). As a result, Romania will hold the command of two of the nine military operations and missions conducted under the Common Security and Defence Policy to which it contributes personnel. Aside from holding command […]
The National Chamber Choir "Madrigal – Marin Constantin" will mark Romania's National Culture Day with an extraordinary concert titled MADRIGAL – DESPRE CULTURĂ on Tuesday, January 14, in the Aula Magna of the Patriarchate Palace in Bucharest. Under the baton of conductor Anna Ungureanu, the event will celebrate the richness of Romanian cultural heritage, spanning […]