The turnover from market services mainly provided to enterprises dropped, the first four months of this year, against the corresponding period of 2023, both as gross series by 0.9% and adjusted series depending on the number of working days and season, by 0.7% according to the data published on Friday by the National Institute for Statistics (INS).Thus, between 1 January and 30 April 2024, as compared to the period 1 January and 30 April 2023 the turnover from market services provided mainly to the enteprises, gross series dropped, as a whole, by 0.9% as a result of the drop in the turnover from transport activities (-0.7%), communication activities and other services provided mainly to enteprises (-2.7%), each. Increases were recorded in computer and information activities (+8.1%) and motion picture, video and television activities (+7.0%). In the period from 1 January to 30 April 2024, compared with the period from 1 January to 30 April 2023, turnover in market services provided mainly to enterprises, working day adjusted and seasonally adjusted series, fell by 0.7% in nominal terms. According to the NSI, turnover in market services provided mainly to businesses, gross series, increased by 2.4% overall in April 2024, compared with the previous month, due to an increase in turnover in motion picture, video and television programme production activities; radio and television broadcasting activities (+10.5%), transport activities (+6.3%), other business activities (+4.3%) and communication activities (+1.9%). Computer and information service activities fell by 4.0%. Turnover in market services mainly provided to businesses, working day adjusted and seasonally adjusted series, increased by 1.9% in April 2000 compared with the previous month. Turnover in market services primarily provided to businesses, gross series, also increased by 1.0% in April 2024 compared with April 2023, due to an increase in turnover in motion picture, video and television programme production activities (+12.8%), transport activities (+3.0%), computer and information activities (+2.2%) and communication activities (+1.2%). Other business services decreased by 0.8%. Turnover from market services primarily provided to businesses, working day and seasonally adjusted series, fell by 1.9% in April 2024 compared with April 2023.
Romania is reportedly considering launching a Golden Visa program offering temporary residence permits to non-EU investors in exchange for significant financial commitments in the country, Profit.ro reported. According to the draft bill, the scheme – officially called...
Romania's Social Democratic Party (PSD) may insist on hiking the minimum wage as of January 2026, in line with the national legislation, but also to implement the Directive (EU) 2022/2041 on minimum wage as already envisaged last year. This puts at risk the government's plans for keeping the wages in the budgetary sector constant until […]
The Turceni City Hall signed on Tuesday, October 14, a financing contract with the European Investment Bank (EIB) for a project that aims to create a renewable energy hub, Economica.net reported. The project, worth a total of...
The Danish company Eurowind, which has been present on the Romanian market for 14 years, will develop large-scale wind, photovoltaic, and battery projects in Romania. The target is 1,000 MW installed by 2030, and a third of the group's investments are allocated to Romania, according to
Cristian Geanaliu, Executive Director of Global Markets at Garanti BBVA Romania, analyzes the persistent inflation and the ongoing imbalance between monetary and fiscal policies shaping Romania’s economic outlook for 2026. Romania enters the last quarter of 2025 within a complex macroeconomic framework. An inflation rate well above the central bank’s target, high interest rates, a […]
One day before the closing of the subscription phase for the IPO at Grup EM, which includes Electromontaj among other companies in the group, reached a subscription level of only a quarter of the total securities put up for sale. The relative caution of investors can be explained by a combination of bad memories from […]
