In April 2025, compared with March 2025, seasonally adjusted industrial production decreased in the EU, but Romania is among the member countries with the highest increases in industrial production on a monthly basis, according to data published on Friday by the European Statistical Office (Eurostat).According to Eurostat, in April 2025, compared with March 2025, seasonally adjusted industrial production decreased by 2.4% in the euro area and by 1.8% in the EU. However, among member states, the largest increases were recorded in Denmark (3.5%), Luxembourg (3.2%), Croatia and Sweden (both at 2.5%) and Romania (2.3%).On the other hand, on an annual basis, April 2025 as against April 2024, industrial production increased by 0.8% in the euro area and by 0.6% in the EU. The largest increases in industrial production were recorded in Ireland (18.4%), Finland (10.2%) and Croatia (6.5%). In this case, Romania is among the member countries with annual declines in industrial production, with a decline of 2.5%, a more modest decrease than the 6.4% recorded in March.Data previously published by the National Institute of Statistics (INS) show that in Romania, in April 2025 industrial production decreased from March unadjusted (-8.4%), as a result of decreases in the three industrial sectors: production and supply of electricity, gas, steam and air conditioning (-13.5%), manufacturing (-7.9%) and mining and quarrying (-5.1%).Seasonally adjusted, industrial production was higher on a monthly basis by 2.3% on increases in manufacturing (+2.9%) and the production and supply of electricity, gas, steam and air conditioning (+0.1%). Mining and quarrying fell by 0.8%.As against April 2024, April 2025 industrial production was down 9.6% unadjusted on decreases in manufacturing (-11.3%) and mining and quarrying (-3.9%). The production and supply of electricity, gas, steam and air conditioning increased by 1.8%.Seasonally adjusted it was down 2.4% year-on-year on decreases in mining and quarrying (-3.4%) and manufacturing (-2.9%). The production and supply of electricity, gas, steam and air conditioning increased by 3%.
President Nicusor Dan signed on Thursday the decree appointing Prime Minister Ilie Bolojan as interim Vice Prime Minister on the areas coordinated by Dragos Anastasiu, the Presidential Administration informed.On 27 July, Dragos Anastasiu announced he was stepping down from the vice prime minister office, mentioning that he could no longer accept "being denigrated and thus […]
Prime Minister Ilie Bolojan continued consultations on Thursday with representatives of the Association of Communes of Romania, telling them there is a strong chance to overcome the current difficult period if the approach of "responsibility toward public funds" is maintained."The reform of local public administration will be part of the second package of government measures […]
Financing the National Recovery and Resilience Plan (PNRR) projects will continue for those already initiated and will stop only in case investment has not begun, where not a single euro was spent for construction, Development minister Cseke Attila explained on Thursday. “PNRR will not stop, neither will financing investments which have already been initiated, […]
The Justice Ministry announced on Thursday having developed in cooperation with the Finance Ministry and the National Tax Administration Agency a set of proposals to amend the Insolvency Law, which will be included in the second reform package.Some of the amendments provide for a higher recovery rate of the taxes and fees owed by insolvent […]
Romania is in the antechamber of recession, with the risk that its economy will decline in the third or fourth quarter, especially amid an increase in taxes, a significant drop in sales and record inflation at European level, says business consultant Adrian Negrescu."We are currently in the antechamber of recession. It is a moment […]
The Ministry of Culture announced on Thursday that is set to adapt national legislation for enforcing the European Media Freedom Act (EMFA), which supports media pluralism, editorial responsibility, protects journalists from abusive surveillance and intimidation, and provides protection for sources.According to a Culture Ministry release, the implementation in Romania of Regulation (EU) 2024/1083 of the […]
