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 European Commission (EC) announced on Thursday, December 11, that it is referring Romania to the Court of Justice of the European Union (CJEU) for failing to meet obligations under Ambient Air Quality Directives. According to the Commission, Romania has not ensured that its national air quality monitoring network complies with legally required standards on […]
The Bucharest Court of Appeal (CAB) held an unprecedented press conference on Thursday, December 11, in response to allegations raised in a recent media investigation published by Recorder, with court president Liana Arsenie firmly rejecting the claims. However, at the start of the press event, a judge from within the institution publicly stated that the […]
Romania’s Superior Council of Magistracy (CSM) issued its first response to the Recorder documentary alleging systemic manipulation within the justice system, calling the investigation an amplification of a “campaign to destabilize judicial authority.” The council said on Thursday, December 11, that it will evaluate what measures need to be taken following the report. In a […]
MedLife, Romania’s largest private medical services network, announced on Wednesday, December 10, that it reached a market capitalization of EUR 1 billion on the Bucharest Stock Exchange (BVB). The milestone secures its position as “the most valuable healthcare company” in the country. The achievement came nine years after MedLife’s listing on BVB in December 2016, […]
The Buzău Land UNESCO Global Geopark in Romania has become a “living laboratory” this week as a team of American researchers arrived to study microorganisms capable of surviving in extreme environments. The scientists, part of the interdisciplinary research organisation The Two Frontiers Project, are examining methane seeps, sulfur and petroleum springs, saline sources, and other […]
A moose has been unexpectedly spotted in the Hunedoara county area, specialists from the conservation group Rewilding Romania announced on Wednesday, December 10, sharing footage of the animal on social media. The sighting is considered “an important discovery for Romania’s wildlife,” though experts caution that it remains unclear how the animal reached this region. According […]
