Net investments made in the national economy have summed up 120.148 billion RON in 2021, going up by 2.1%, when comparing with 2020, according to the preliminary data published by the National Institute of Statistics (INS) on Thursday.In 2021, growth was registered in new constructions, by 7.1%, while drops were registered in other expenses by 7.7% and equipment (including means of transportation) by 0.9%.During the fourth trimester of 2021, net investments made in the national economy have summed up 41.579 billion RON, going down by 4.5%, when comparing ti the fourth trimester of 2020. The decline was registered in all structure elements: equipment (including means of transportation) by 10.4%, other expenses by 2.9% and new construction works by 0.8%.INS reminds that net investments represent expenses for creating new fixed means, development, modernization and reconstructing existing ones, as well as the value of services tied to the propriety transfer for existing fixed means and plots of land taken on with payment from other units or from the population (notary taxes, commissions, transport expenses, manipulation, etc.).
The second stage of the international Grand Chess Tour, one of the most important chess tournaments in the world, will take place in Bucharest from May 7 to May 16. The first stage of will take place in Warsaw, Poland. However, the event’s opening will take place on May 6. In addition to these two, […]
Voxxed Days Bucharest 2025 concluded the 2025 edition on 27th March, after two days of successful workshops and conferences. "I'm grateful we managed to bring together 300 developers and tech team leaders again this year, in a conference dedicated to a passionate developer community. It was a significantly bigger effort than in previous years, given […]
Romania’s civil shelters, which are to be used to protect people in the event of armed conflict, are few, unsanitary, and largely obsolete in terms of equipment, according to a report by the Court of Accounts. The audit conducted by the Court of Accounts on the situation of civil...
The organizers of music festivals Untold and Neversea have signed an agreement with the Bucharest City Hall to organize a "mega-festival" in the capital this year. The large-scale project is set for a pilot edition this year, with plans to have it "grow year by year." It will take place at Arena Naţională. The talks […]
Around 61% of Romanians say they have been the target of online fraud attempts, the most common consequences being the infection of the device with malware or viruses (42%) and the loss of money (30%), according to the latest study conducted by Reveal Marketing Research. Of those who have been targeted, 39% have experienced such […]
Showpad, active in AI-driven revenue enablement technology, announced the official launch of its Research and Development center in Bucharest. With headquarters in Ghent (Belgium) and Chicago (US), Showpad is "strategically positioning its new R&D center to tap into the rich talent pool and burgeoning technology ecosystem of Romania." It also underscores Showpad's dedication to accelerating […]
