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%).
President Nicușor Dan, in office for roughly three months, attended the Salzburg Industrialists' Summit, the most important reunion of the Austrian business community, urging them to invest in Romania. Specifically, the president emphasized the strategic opportunities in the defense, energy, infrastructure, and logistics sectors. “Romania is significantly expanding its defense industry. Our sector offers real […]
A scandal broke out on Friday, July 25, after it was made public that deputy prime minister Dragoș Anastasiu was a witness in an older corruption case involving one of his companies. The company, Eurolines, paid bribes for eight years to a financial inspector from Romania’s tax agency ANAF. Records from the Anti-Corruption Directorate show that between […]
A scandal broke out on Friday, July 25, after it was made public that deputy prime minister Dragoș Anastasiu was a witness in an older corruption case involving one of his companies. The company, Eurolines, paid bribes for eight years to a financial inspector from Romania’s tax agency ANAF. Records from the Anti-Corruption Directorate show that between […]
The Drapers' Bastion in Brașov, built between the years 1450–1455, will be restored with European funds. The urban landmark will become an interactive museum integrated into the tourist circuit. The rehabilitation of the Drapers' Tower will support not only tourism but also the construction sector, contributing to the economic and cultural revitalization of Brașov, according […]
The National Meteorological Administration (ANM) has issued a code-red warning for persistent and intense heat from July 26, 10:00 AM to July 27, 10:00 AM for the regions of Banat, Oltenia, most of Muntenia, and southern continental Dobrogea. Day temperatures are expected to reach between 39 and 43 degrees Celsius, while the temperature-humidity index is […]
The fifth edition of Jazz Bastion will bring three concerts to the Weavers' Bastion in Brașov, featuring musicians from Romania, Ireland, and Switzerland. This year's edition "highlights the cultural diversity of music, which always brings together artists and audiences alike, regardless of language, nationality or affinities," the organizers explained. The public can attend performances by […]
