- As against the same quarter of 2020, the Gross Domestic Product recorded an increase by 7.4% for the unadjusted series and by 8.2% for the seasonally adjusted series; - In the period 1.I-30.IX 2021, as against the same period of the previous year, the Gross Domestic product increased by 7.2% for the unadjusted series and by 6.9% for the seasonally adjusted series; - The seasonally adjusted series of quarterly Gross Domestic Product did not changed as a result of the revision of the estimates for Q3 2021, as compared to the provisional (1) version, published in the Press release no. 311 of December 7, 2021. The National Institute of Statistics (INS) maintained at 0.4% the estimate for the growth of the Romanian economy in Q3, 2021, compared to Q2, but there were changes in the contribution of investment and consumption to the advance of GDP.Thus, compared to the figures published by INS in December last year, the final consumption expenditure of households had a contribution of 5.4% to GDP growth, from + 5.6% previously, due to the decrease of its volume from 9.3% to 9%. The final consumption expenditure of public administration had a negative contribution of -0.3%, due to the decrease in its volume from 0.3% to minus 1.6% while the gross fixed capital formation also had a contribution down to -0.5%, from -0.1%, as a result of the reduction of its volume from minus 0.4% to minus 1.7%.Compared to the same quarter of 2020, the Gross Domestic Product increased by 7.4% as raw series and by 8.2% as seasonally adjusted series.At nine months, the gross domestic product was 818.951 billion lei current prices, up, in real terms, by 7.2% compared to the same period in 2020.In Q3, the volume of the gross value added registered more important changes in the following fields: information technology and communications (+0.3 percentage points), from 113.9% to 114.2%; constructions (-0.2 percentage points), from 93.9% to 93.7%; financial intermediation and insurance (-0.2 percentage points), from 99.7% to 99.5%; real estate transactions (-0.2 percentage points), from 102.1% to 101.9%.
The ECOTECA Association, in partnership with the Ministry of Environment, Waters and Forests, is organizing the conference “Return & Recycle Insights – 2 Years of DRS in Romania”, which will take place on 26 November 2025, between 09:00 – 13:00, at the Bucharest University of Economic Studies (ASE). The event will bring together representatives […]
Nine years after opening its doors, Veranda Mall enters its most exciting chapter yet. What began as a project to breathe new life into the Obor neighborhood has evolved into one of Bucharest’s most beloved destinations for shopping, leisure, and connection. As it marks this anniversary, Veranda unveils a winter events lineup rich in culture, […]
Purcari Wineries (BVB: WINE), CEE’s leading wine producer, announced its financial results for the first nine months of 2025 on Friday, November 14. The company saw a decline of 1.46% in pretax EBITDA earnings from the similar period last year. Specifically, earnings decreased to RON 84.66 million from RON 85.92 million last year. Meanwhile, group […]
With a solid 35-year uninterrupted presence on the Romanian market, Darian—one of the longest-standing consultancy groups with fully Romanian capital—reaffirms its role as a strategic partner for the business environment. Darian marks this anniversary not through grand promises, but by strengthening its core working philosophy: acting as a “co-pilot” for complex decision-making. The company emphasizes […]
The National Bank of Romania (BNR) revised its inflation forecast upward, from 8.8% to 9.6%, for the end of 2025. The institution anticipates that inflation will reach 3.7% at the end of 2026, compared to 3% in the previous forecast, according to data presented on Friday, November 14, by governor Mugur Isărescu. Compared to the […]
The state-owned company Transelectrica (BVB: TEL), the operator of the Romanian national energy system, recorded a net profit of RON 183 million in the first nine months of the year, down 56% compared to the same period last year. Operating revenues fell by 2%, to RON 1.716 billion, mainly due to the decrease in revenues […]
