In December 2024, compared with November 2024, industrial producer prices increased by 0.4% in both the euro area and the EU, according to first estimates from Eurostat, the statistical office of the European Union. In November 2024, industrial producer prices grew by 1.7% in both the euro area and the EU. In December 2024, compared with December 2023, industrial producer prices remained stable in the euro area and increased by 0.1% in the EU. The annual average of industrial producer prices for the year 2024, compared with 2023, decreased by 4.2% in the euro area and by 4.0% in the EU. Monthly comparison by main industrial grouping and by Member State In the euro area in December 2024, compared with November 2024, industrial producer prices increased by 0.1% for intermediate goods, increased by 1.4% for energy, increased by 0.1% for capital goods, increased by 0.2% for durable consumer goods, increased by 0.1% for non-durable consumer goods. Prices in total industry excluding energy remained stable. In the EU, industrial producer prices remained stable for intermediate goods, increased by 1.3% for energy, increased by 0.1% for capital goods, increased by 0.2% for durable consumer goods, increased by 0.1% for non-durable consumer goods. Prices in total industry excluding energy remained stable. The highest monthly increases in industrial producer prices were recorded in Bulgaria (+5.1%), Croatia (+2.4%) and Slovakia (+1.5%). The largest decreases were observed in Ireland (-1.5%), Romania (-1.3%) and the Netherlands (-0.4%). Annual comparison by main industrial grouping and by Member State In the euro area in December 2024, compared with December 2023, industrial producer prices increased by 0.1% for intermediate goods, decreased by 1.7% for energy, increased by 1.4% for capital goods, increased by 0.8% for durable consumer goods, increased by 2.0% for non-durable consumer goods. Prices in total industry excluding energy increased by 0.9%. In the EU, industrial producer prices increased by 0.1% for intermediate goods, decreased by 1.4% for energy, increased by 1.6% for capital goods, increased by 0.8% for durable consumer goods, increased by 1.9% for non-durable consumer goods. Prices in total industry excluding energy increased by 1.0%. The highest annual increases in industrial producer prices were recorded in Ireland (+11.1%), Bulgaria (+6.6%) and Denmark (+4.7%). The largest decreases were observed in Slovakia (-17.0%), Luxembourg (-4.2%) and France (-3.8%).
German company Henkel, with over 500 employees in Romania, has opened a new headquarters in Bucharest, marking a fresh chapter in its three-decade presence in the local market. The space blends Henkel’s “Smart Work” concept with Romanian cultural design elements inspired by Constantin Brâncuși and traditional motifs, while a dedicated quiet zone pays tribute to […]
Ruling on the draft law on the disbursement of privately-managed pensions, namely 2nd and 3rd Pillars, inked by the Financial Supervisory Authority (ASF), promoted by the Romanian government and approved with amendments by the Parliament, the Constitutional Court (CCR) concluded that the capping the single payment granted before the start of the monthly payments to […]
The revised bill that bans the cumulation of the public pension of a special (non-contributive) nature with a wage paid in the budgetary sector, currently available for public debate, will be amended so as to restrict the exceptions provisioned in the original form, labor minister Florin Manole said, according to
The Romanian business community reiterated its firm call to decision-makers to eliminate the minimum turnover tax (IMCA), in view of the discussions on the construction of the state budget for 2026, according to a statement signed by more than 100 employers' federations, business associations, and chambers of commerce in Romania. The Romanian government will address […]
Romanian president Nicusor Dan reiterated in a speech at the 2025 Digital Governance Summit organised by Edge Institute at Cotroceni Palace and published on the Presidency's webpage, thus making it somewhat official, an invitation addressed to the "private community" to draft regulations and sectoral policies that the state is unfortunately unable to design, such as […]
Premier Energy Group (BVB: PE), a leading vertically integrated utility company in Southeastern Europe listed on the Bucharest Stock Exchange, reported its normalized revenue grew 40% y/y to EUR 1.17 billion, while normalized EBITDA rose by 36% y/y to EUR 94 million in the first nine months of 2025. On a reported IFRS basis, revenue […]
