Romania's Gross Domestic Product (GDP) grew by 5.7% in 2021 in real terms, y-o-y, according to the final data published on Thursday by the National Institute of Statistics (INS).The GDP estimated for 2021, final data, amounted to RON 1,189.089 billion current prices, increasing in real terms by +5.7% as against 2020.In 2021, most significant changes in the contribution to GDP growth between the two estimates were reported for: agriculture, forestry and fishery, from +0.2% to +0.6%, on an increase in activity volume by +7.8 percentage points (from 105.9% to 113.7%); construction, from -0.5% to +0.1%, on an increase in activity volume by +9.6 percentage points (from 91.9% to 101.5%); wholesale and retail; repair of motor vehicles and motorcycles; transportation and storage; hotels and restaurants, from +1.8% to +2.6%, on an increase in activity volume by +4.1 percentage points (from 109.9% to 114.0%); information and communications, from +0.3% to +0.7%, on an increase in activity volume by +5.9 percentage points (from 105.4% to 111.3%); professional, scientific and technical activities; administrative and support Services from +0.1% to +0.2%, on an increase in activity volume by +1.8 percentage points (from 101.6% to 103.4%)In 2021, the most important changes in the contribution to GDP growth between the two estimates were reported in individual final consumption expenditure of general government, from +0.2% to +0.3%, on a rising volume by +0.9 percentage points (from 103.1% to 104.0%); gross fixed capital formation, from +0.4% to +0.7%, on a rising volume by +1.0 percentage points (from 101.9% to 102.9%); change in inventories, from +1.7% to +1.8%; net exports of goods and services, from -1.6% to -1.4%.
Romanian gas producer Romgaz (BVB: SNG) has filed an action with the European Court of Justice against the European Commission, requesting the annulment of certain regulations that impose CO2 storage quotas on oil and gas companies. The company considers the quotas disproportionate. It is the first time that Romgaz has initiated a direct action against […]
Bucharest residents can donate clothes in good condition, non-perishable food, and toys for the families affected by the explosion that left 3 dead and many others injured, and nearly collapsed the apartment building in District 5 on Friday, October 17. "Following the devastating explosion in District 5, entire families have been left without housing, and […]
RoPower Nuclear, the developer of the SMR (small modular reactor) project in Doiceşti, Romania, announced the signing of a contract with Studsvik Scandpower, one of the global leaders in software dedicated to nuclear fuel analysis, on Friday, October 17. The president of the Swedish group emphasized that Romania is setting an important precedent for the […]
Energy regulator ANRE has launched an investigation into whether the gas distributor followed proper safety procedures before the powerful explosion that killed three people and injured others at an apartment building in Bucharest’s Rahova district on Friday morning, October 17. According to
In the first half of 2025, Romania ranked 52nd worldwide among the countries most frequently affected by cyber activities, according to the new Microsoft Digital Defense Report. The sixth annual report, covering trends from July 2024 to June 2025, emphasizes that traditional security measures are no longer sufficient. Modern defenses and strong collaboration between industries […]
Via Transilvanica, the long-distance trail that traverses Romania’s cultural, historical, and natural landscapes, has been awarded silver in the “Peace, understanding and inclusion” category at the 2025 Europe Responsible Tourism Awards. The initiative is organized by the International Centre for Responsible Tourism Global (ICRT Global). The award ceremony took place at the Press Club Brussels […]
