Industrial production in the EU and the euro zone registered a drop beyond expectations in October 2022, compared to September 2022, but Romania and Slovenia were the member countries where industrial production registered the smallest decline, from one month to the next, shows the data published on Wednesday by Eurostat.According to these data, industrial production decreased by 2% in the euro area and by 1.9% in the EU, in October compared to September. The member states with the most important decreases in industrial production were Ireland (minus 10.7%), Luxembourg (minus 4.4%) and the Czech Republic (minus 3.7%). The most modest decreases were recorded in Romania (minus 0.4%) and Slovenia (minus 0.3%). The only EU countries where industrial production increased from one month to another were Slovakia (1.3%), Lithuania (1.1%), Greece (0.5%) and Austria (0.2%).On an annual basis, in October 2022 compared to October 2021, industrial output went up by 3.4% in the euro area and by 3.7% in the European Union. The member states with the strongest industrial production growth rate were Ireland (53.2%) and Denmark (10.7%). The most modest increases were recorded in Romania (0.7%) and Slovenia (0.1%).The fall in industrial production in the euro zone in October is greater than forecast by analysts interviewed by Reuters, who were counting on a contraction of 1.5% compared to the previous month.The data previously published by the National Institute of Statistics show that in Romania industrial production was lower in October 2022 compared to September 2022, by 2.6%, as unadjusted series. Industrial production, as series adjusted for business days and seasonality was lower compared to the previous month by 0.4%. Compared to October 2021, industrial production decreased by 0.1% as unadjusted series. Industrial production, as series adjusted adjusted for business days and seasonality, was higher by 0.7%.
Romania's Instant Factoring announced its participation in a cross-border securitization transaction valued at up to EUR 30 million. The move, the company said, "opens a new stage of growth for both Romanian fintech and the alternative financing market in Romania and Spain." The transaction involved the establishment of a securitization fund - Instant Factoring 2025-I, […]
Meta Estate Trust, a holding company active in the real estate sector and listed on the Bucharest Stock Exchange (BVB) under the symbol MET, announced that it signed the mandate agreement with its new Chief Executive Officer (CEO), Dan Petrișor. The appointment decision was made by the Board of Directors on October 31, and the […]
Former star coach Emerich Jenei, one for Romania's best, passed away on November 5, 2025, at the age of 88. He achieved the greatest performance of Romanian football: winning the European Champions Cup with Steaua București on May 7, 1986, in Seville, in the famous final against F.C. Barcelona. Emeric Alexandru Ienei (Imre Sándor Jenei) […]
Renting is steadily becoming more common in Romania, as access to credit becomes increasingly difficult. As such, even though rents traditionally tend to decrease in October, this year they have kept steadily increasing in most major cities. Traditionally, the demand for rentals increases in August and September, when students return to the major university cities. […]
Demand for logistics and industrial space in Romania reached 750,000 square meters in the first nine months of 2025, a 30% increase compared with the same period last year, according to the Romania Industrial Marketbeat Q3 2025 report by real estate consultancy company Cushman & Wakefield Echinox. If the current pace continues, the total volume […]
Documentary Mondays and Fiction Tuesdays, the programs of the Czech Center in Bucharest, return between November 10 and November 25 with screenings of six contemporary and classic European films. Documentary Mondays, the Czech Center's longest-running film program, proposes documentaries that reflect on the present, memory, trauma, and the ways in which we relate to the […]
