Net investments made in the national economy are 118.5 billion lei in the period between January and October this year, up by 14.4% as compared to the similar period of last year, according to the data of the National Institute for Statistics (INS), published on Monday.The growth of investments was recorded for all structure elements: other expenses by 28.6%, new construction works by 14% and machines (including transport means) by 11.5%.Most investments were made in new construction works, with a total of 74.2 billion lei in the first ten months. A sum of 34.7 billion lei was allocated to machines and transport means and 9.6 billion to other expenses.In Q 3 2023, net investments made in the national economy a sum of 48.8 billion lei, up by 16.6% as compared to Q3 2022. The growth was seen in all structure elements: other expenses by 35.9%, new construction works by 19.2% and machines (including transport means) by 7.4%.Net investments represent expenses destined to the creation of new fixed means, development, modernization and reconstruction of the existing ones, as well as the value of services connected to the transfer of ownership on existing fixed means and land taken over with payment from other units or from the population (notary fees, commissions, transport and handling costs, etc.)says INS.
Via Dobrogeana, a planned trail covering the southeastern part of the country, aims to offer travelers the opportunity to explore the region's cultural and ethnic diversity. The trail will be about 850 km long, stretching from the 17th-century Sfânta Precista Monastery in Galați to Ialomița County. Via Dobrogeana will be a mixed route. In addition […]
Deep Purple, one of the most important rock bands in the world, is set to return to Romania for a concert on October 1, 2026, at the BT Arena in Cluj-Napoca. A giant in global rock, Deep Purple is one of the most appreciated bands in the world. The group boasts five decades of chart-topping […]
Profluo, a startup that automates a company's financial processes using AI, has attracted investment from corporate venture capital fund BCR Seed Starter, Inspire Capital, and other investors in a EUR 850,000 funding round. BCR Seed Starter, which led the round, invested EUR 500,000 in Profluo. The funding will support the company's plans to scale its […]
The Romanian film “Catane,” signed by Ioana Mischie, will have its world premiere at the International Film Festival of India, held annually in Goa. This year's edition is scheduled between November 20 and 28. The Romanian-Italian comedy stars Costel Caşcaval, Iulia Lumânăre, and Cristian Bota. The first screening of the film is scheduled for November 24. […]
CTP, a leading developer, owner, and manager of industrial and logistics properties, said that it delivered a new 65,000 sqm e-commerce fulfilment centre for LPP Logistics in CTPark Bucharest West. Construction of the building in the Bolintin-Deal area began in March 2025 and was completed in about half a year. According to CTP, “it stands […]
London’s New Bond Street has been crowned the world’s priciest retail destination for the first time, while Bucharest’s Calea Victoriei is in 39th place globally, according to Cushman & Wakefield’s latest Main Streets Across the World report. Rents in Calea Victoriei recorded the 3rd highest growth among the 50 analysed markets worldwide. Calea Victoriei, the […]
