Industrial production prices in total (domestic and foreign markets) decreased in November 2023 2.6% compared to the same month last year, according to data the National Institute of Statistics (INS) released on Thursday.Also, in November 2023, industrial production prices in total (domestic and foreign market) increased 0.2% compared to October 2023.By major industrial groups, year-on-year increases were recorded by the current goods industry - 6.07%, the capital goods industry - 5.49% and the durable goods industry - 3.9%.On the other hand, decreases were recorded in November 2023, compared to November 2022, in the energy industry - 7.96% and in the intermediate goods industry - 4.93%.INS data show that, in terms of the industrial production price index for the total (domestic and foreign market), by CAEN sections and divisions, the largest increase in November 2023, compared to November 2022, was recorded in the manufacture of basic pharmaceutical products and pharmaceutical preparations - 21.73%.There were also increases in the following sectors: water collection, treatment and distribution - 18.17%; repair, maintenance and installation of machinery and equipment - 12.90%; service activities incidental to mining and quarrying - 12.32%; manufacture of clothes - 9.49%; manufacture of beverages - 8.62%.Decreases were recorded in manufacture of coke and refined petroleum products - 20.18%; manufacture of paper and paper products - 14.51%; manufacture of chemicals and chemical products - 16.08%, manufacture of basic metals - 14.26%; manufacture of tobacco products – 4.61%.
Radisson Blu Hotel, Bucharest, Romania’s largest five-star hospitality complex and a flagship property within the Radisson Hotels portfolio, has been recognized with multiple international and national awards, underscoring its continued commitment to excellence, innovation, and guest satisfaction. At the 32nd Annual World Travel Awards – Europe Gala Ceremony, held in Sardinia, Italy, Radisson Blu Hotel, […]
The public is invited to discover a spectacular festive concept inspired by the charm of the Victorian era Corinthia Grand Hotel du Boulevard will officially start the winter holiday season, lighting up Bucharest’s first Christmas decorations on 24 November at 7:00 PM, symbolically marking the opening scene of the city’s festive celebrations. The hotel transforms into […]
The office building of the former tire manufacturer Banloc-Goodrich in central Bucharest will be demolished for the construction of the Holocaust Museum, Profit.ro reported. The investment, valued at EUR 54.2 million, is partly covered by the EU-backed Recovery and Resilience...
One United Properties (BVB: ONE), Romania’s leading green developer of residential, mixed-use, and office real estate, recorded a turnover of 236.3 million euros in the first nine months of 2025, up 13% year-on-year (YoY), and a gross profit of 84.8 million euros, up 20% YoY, while the net profit stood at 70.3 million euros, up […]
Famed Romanian composer Horia Moculescu died on Wednesday, November 12, at the age of 88. The composer, pianist, and performer was born on March 18, 1937, in Râmnicu-Vâlcea. At the age of six, he learned to play the accordion. He attended secondary school in Turda at the Boys’ High School (now the “Mihai Viteazul” National […]
Romanians shift priorities: Health, Culture, and Hobbies take the lead, while Fashion and Home&Deco lose ground to low-cost non-EU commerce Black Friday 2025 marks a turning point for Romanian eCommerce. After two years of stagnation, the day recorded a +10% increase in the number of transactions, while the overall campaign week saw a +20% rise […]
