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 famous show "Ovo" ("egg" in Portuguese), created in 2009 by Cirque du Soleil, is scheduled for April 23–26, 2026, at BT Arena in Cluj-Napoca. So far, the classic Cirque du Soleil show has delighted over 7 million spectators in 40 different countries. Despite its age, it has been reimaged, with a new set, acrobatic […]
The state-owned group Electrica is set to list the largest green corporate bond issuance in Romania, worth EUR 500 million, on the Luxembourg and Bucharest stock exchanges. According to the company's press release, the European Investment Bank is one of the key participants in the issuance. Overall investor demand at the final price exceeded the […]
Low-cost airline Wizz Air announced a major expansion of its operations in Bucharest, adding a second aircraft to its base at Băneasa Airport starting this October. The airline will relocate nine routes from Otopeni to Băneasa, five of which will be operated exclusively from the secondary airport. At the same time, six new routes will […]
The annual inflation rate in Romania rose to 5.7% in June, up from 5.45% in May, according to data published on Friday, July 11, by the National Institute of Statistics. It is the highest level this year. The consumer price index, compared to May, was 0.45%. The inflation rate from the beginning of the year, […]
A taxi driver who refused to pick up a passenger at Bucharest’s Henri Coandă International Airport on Thursday night, citing the rule that prohibits the second car in line from leaving the queue, was fined and had his professional license suspended, according to the Romanian Police. Local news channel Digi24...
Local authorities in Buzău County, in the south-east of Romania, announced the opening for traffic of the new bridge over the Buzău River on Friday, July 11. At over 1.3 km in length, it is the second-longest road bridge in the country and is part of the Lot 1 Buzău – Vadu Pașii of the […]
