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%.
Romania, which for years ranked last in the EU for packaging waste recycling, now stands at the forefront of Europe’s circular economy, proving that a country with initially fragile infrastructure can implement, in record time, one of the most effective collection and recycling systems in Europe. This rapid transformation is taking place in a European […]
Tucked inside Radisson Blu Hotel, Bucharest, Ginger Sushi Bar & Lounge marks the turn of the year with an intimate New Year’s Eve dining experience built around a multi-course tasting menu. From 19:00 onwards, guests are welcomed to a carefully paced evening that blends Japanese inspiration with premium ingredients, from scallops and Wagyu to Chilean […]
Romanian non-profit Dăruiește Viață has completed a new renovation project at the “Louis Țurcanu” Emergency Children’s Hospital in Timișoara, upgrading the Pediatric Onco-Hematology Transplant Unit to modern medical standards. The investment, worth approximately EUR 150,000, was funded by Linde Gaz Romania and Atos Global Delivery Center. The organisation has been working with the Timișoara hospital […]
The multimedia exhibition Aici Se Vede Jazz (Here You Can See Jazz), set to open at SAC Berthelot in Bucharest, explores how jazz found its way in the pre-1990 Bucharest and “the contemporary ways to listen, visualize, perform and relate artistically to its world of sounds and ideas.” Bucharest had improvised studios, rehearsals with the […]
Aon Romania, part of the global group Aon plc, draws attention to the urgent need for structured solutions to protect trade receivables in an economic context characterized by high volatility and geopolitical uncertainty. The subject was central to the discussions at TRADE CREDIT TALKS - Receivable Protection in the Age of Volatility, where business leaders […]
Bucharest’s shopping centres posted mixed financial results in 2024, with major discrepancies between the city’s largest malls and mid-sized retail centres, according to financial analysis platform RisCo.ro. The data shows contrasts in profitability and turnover, as well as significant losses among some of the capital’s biggest retail projects. AFI Cotroceni recorded the highest turnover of […]
