Net investments in the national economy exceeded 48.513 billion lei in the first half of 2021, up by 10.6%, compared to the same period last year, informs the National Institute of Statistics (INS).In the second quarter of this year, the net investments made in the national economy amounted to 28.352 billion lei, up by 12.2%, compared to the second quarter of 2020.In the first six months of 2021, there were increases in investments in all structural elements: new construction works up by 15.2% (to 28.553 billion lei), equipment (including means of transport) up by 7.3% (to 15.675 billion lei) and other expenses up by 1.3% (to 4.284 billion lei).In the second quarter of 2021 too, compared to the same period last year, the advance was registered for all structural elements: new construction works by 19.8% (to 17.695 billion lei), equipment (including means of transport) by 2.6% (to 8.513 billion lei) and at other expenses by 1.9% (to about 2.234 billion lei).
Romania’s profit share, defined as the proportion of value added distributed by non-financial corporations to capital rather than labour, fell for the second consecutive year to 48.1% in 2024, Eurostat reported on December 7. The ratio was 40.0% on average in the European Union, with below-average ratios in more developed countries such as France (32.2%) […]
The pension law "brutally violates the independence of the judiciary" and "de facto eliminates the service pension for magistrates," according to the reasoning published by the High Court (ICCJ) along with its decision to refer the magistrates' pensions law to the Constitutional Court, Ziarul Financiar reported. ...
The Romanian state, in a document on December 5, expressed its intention to take full control of the National Airports Company of Bucharest (CNAB), which operates Otopeni Airport and Baneasa Airport, where the minority shareholder Fondul Proprietatea has a 20% stake, Ziarul Financiar reported. The...
Romania's Interministerial Committee for Supporting the Implementation of Reform 9 (CNR9), led by deputy prime minister Oana Gheorghiu, has selected 17 state-owned enterprises from a total of about 1,500 to undergo initial screening ahead of potential restructuring or liquidation. The decision marks the first stage of a wider overhaul programme announced by prime minister Ilie […]
The retail sales volume index in Romania recovered for the second consecutive month in October, when it increased by 0.9% m/m after the 1.3% m/m advance in September – but it was far from fully recovering the 4.0% m/m plunge seen in August as an effect of higher VAT rate enforcement amid already negative consumer […]
Romania’s total market production index (TMPI), a composite indicator compiled by Eurostat that combines four short-term business statistics indicators covering most of the market economy, increased by 4.2% y/y in Q3 - the sharpest rise in seven quarters (+0.3% y/y in Q2) and twice the 2.1% average advance in the European Union. The seasonally-adjusted index […]
