The industrial production in the euro zone stagnated in October 2024 as compared to September 2024, while in the EU it slightly grew by 0.3% and Romania is among the member states where industrial production grew from one month to the other, show the data published on Friday by the European Office for Statistics (Eurostat).According to those data, the highest increases of industrial production, in October as compared to September, were recorded in Ireland (5.7%), Denmark (5.4%) and Poland (3.5%). In Romania, the industrial production grew by0.4% in October, after in September it stagnated. On a year-on-year basis, in October 2024 compared with October 2023, industrial production fell by 1.2% in the euro area and by 0.8% in the EU. Romania is among the member countries with year-on-year declines in industrial production, with a 1% decline. However, the October decline is smaller than the 3.8% decline in Romania's industrial production in September 2024 compared with September 2023. Data previously published by the National Institute of Statistics (NSI) show that industrial production (gross series) in Romania in October 2024 increased by 6.2% in October 2024 compared with the previous month, thanks to increases in the three industrial sectors: mining and quarrying (+8%), production and supply of electricity, gas, hot water and air conditioning (+7.9%) and manufacturing (+5.9%). The industrial production, adjusted series depending on the number of working days and seasonality, was higher than the previous month by 0.4%as a result of the growth in mining industry (+4.2%) and manufacturing industry (+3%). The production and supply of electricity and thermal energy, gas, hot water and air conditioning dropped by 0.8%.Compared to the respective month of the previous year, industrial production (gross series) grew by 1.3% supported by the growth of minig industry (+2.3%) and manufacturing industry (+1.7%). The production and supply of electricity and thermal energy, gas, hot water and air conditioning dropped by 2.9%.Industrial production, working-day and seasonally adjusted, was down by 0.9% compared with the same month of the previous year, as a result of decreases in electricity, gas, hot water and air conditioning supply (-3.2%) and manufacturing (-0.8%). Mining and quarrying rose by 2%.
The Board of Directors convenes the Ordinary General Meeting of Shareholders on December 18/19, 2025 The Board of Directors of EVERGENT Investments, an investment company listed under the ticker EVER, has convened the Ordinary General Meeting of Shareholders for December 18/19, 2025. The proposal submitted for shareholders’ approval is the distribution of dividends from reserves […]
City Grill Group surpasses EUR 63.5 million in revenue in the first 10 months With one in six people affected by loneliness, according to the WHO, restaurants are once again becoming essential spaces for reconnection, and dining out is reclaiming its role as an authentic social experience. City Grill Group, the largest Romanian-owned restaurant chain, […]
The Apple Sports app, which provides real-time information and results from multiple sports, became available in Romania this week following a major European expansion, according to the company. The US smartphone maker made the app available in 20 European countries, including Romania. Now available in the App Store on the company’s devices, the Apple Sports...
An exhibition dedicated to the work of William Blake will open at the “Alexandru and Aristia Aman” Dolj County Library in Craiova between November 28 and December 12. Titled William Blake’s Painting in the Light of Sahaja Yoga, the photo-documentary display is curated by Carol and Luis Garrido (UK), whose 14 years of research led […]
The Bucharest Stock Exchange (BVB) kicked off a series of week-long events on Monday, November 17, to mark its 30th anniversary. Brokers, investors, and regulators discussed the evolution of Romanian equities, investment funds, and financial education. They stressed that the local stock market has offered higher returns than other types of investments. The first day […]
AROBS Transilvania Software (BVB: AROBS), a leading entrepreneurial technology company listed on the Bucharest Stock Exchange (BVB), recorded consolidated revenues of RON 328 million in the first nine months of 2025, up 7% compared to the same period last year. According to the company’s report, EBITDA also reached RON 50 million, a 15% increase, while […]
