Construction workd recorded a modest increase in EU and the euro zone in December 2023, compared to November 2023, but Romania was by far the country with the most powerful advance in that segment, both from one month to the other and annually, according to data released by Eurostat on Tuesday. According to these data, construction works grew by 0.8% in the euro zone and by 1.3% in EU in December 2023, compared to November 2023. Among EU member states, the most important increases were recorded in Romania (10.3%), Poland (8.5%) and Hungary (5%). In Romania's case, the 10.3% increase in December 2023 came after a 3.3% increase in November. In December 2023, compared to December 2022, construction works grew by 1.9% in the euro zone and by 2.4% in EU. In that case too Romania is a leader in EU with a significant growth of 30.7% of construction works compared to December 2022. Other states with important increases of construction works are Poland (18.9%) and Belgium (10.7%), According to data presented previously by the National Statistic Institute (INS) in Romania in December 2023 against December 2022, the volume of construction works grew by 27.3%, as gross series and by 25.5% according to the number of work days and season. Reported to November 2023, in December the same year, construction works reported increases as gross series (+ 28.1%) and as adjusted series (+10.3%).
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 […]
