In July 2021, the seasonally adjusted industrial production rose by 1.5% in the euro area and by 1.4% in the EU, compared with June 2021, according to estimates from Eurostat, the statistical office of the European Union. In June 2021, industrial production fell by 0.1% in the euro area and remained stable in the EU. In July 2021 compared with July 2020, industrial production increased by 7.7% in the euro area and by 8.3% in the EU. Monthly comparison by main industrial grouping and by Member State In the euro area in July 2021, compared with June 2021, production of non-durable consumer goods rose by 3.5%, capital goods by 2.7%, durable consumer goods by 0.6% and intermediate goods by 0.4%, while production of energy fell by 0.6%. In the EU, production of non-durable consumer goods rose by 2.8%, capital goods by 2.4% and intermediate goods by 0.5%, while production of energy remained stable and durable consumer goods fell by 0.2%. Among Member States for which data are available, the highest monthly increases were registered in Ireland (+7.8%), Belgium (+5.0%) and Portugal (+3.5%). The largest decreases were observed in Lithuania (-2.0%), Slovenia (-1.8%) and Croatia (-1.6%). Annual comparison by main industrial grouping and by Member State In the euro area in July 2021, compared with July 2020, production of intermediate goods rose by 11.2%, nondurable consumer goods by 10.1%, durable consumer goods by 9.8%, capital goods by 5.9% and energy by 1.0%. In the EU, production of intermediate goods rose by 11.8%, non-durable consumer goods by 9.4%, durable consumer goods by 8.9%, capital goods by 6.3% and energy by 2.7%. Among Member States for which data are available, the highest annual increases were registered in Belgium (+26.4%), Ireland (+19.2%) and Lithuania (+15.0%). The only decrease was observed in Portugal (-0.1%).
Romania has closed its participation in the 2025 Venice Architecture Biennale with the conclusion of Human Scale, the exhibition presented in the Romanian Pavilion at Giardini della Biennale and in the New Gallery of the Romanian Institute of Culture and Humanistic Research. Meanwhile, the project’s official catalogue has been made available to the public. The […]
The final version of Romania's national defence strategy 2025-2030, as amended following the public consultations and approved by the members of the Supreme National Defence Council (CSAT), is to be presented by president Nicusor Dan in Parliament, where it will be debated and voted on by lawmakers. The Romanian state must be prepared to manage […]
Romania aims, through its new National Defense Strategy, to become the second military power on the eastern flank and a defense provider in the Black Sea region, according to defense minister Ionuț Moșteanu. The new National Defense Strategy is a paradigm shift, the minister said. “A fundamentally different point of view is that we are […]
The 5 to go coffee chain, including over 650 units nationwide, is expanding its service portfolio through a partnership with Fibula Air Travel tour operator, for which it will distribute tourist packages, Ziarul Financiar reported. Fibula Air Travel has a significant presence in the markets...
The French group Groupe Atlantic is set to inaugurate the factory in Ariceştii Rahtivani, Prahova County, in the coming weeks, a greenfield investment of over EUR 50 million, announced Ziarul Financiar. So far, about EUR 40 million has been invested, and the remaining EUR 10 million is planned by the end...
Fondul Proprietatea (FP), as a minority shareholder (20%) at Bucharest Airports Company (CAB), proposed that the company could issue, under an IPO at Bucharest Exchange (BVB), a number of shares equal to half of its current shares, to finance the construction of a new terminal. The operation would preserve the state's majority position and generate […]
