The 2023 turnover of wholesale and retail trade, and the maintenance and repair of motor vehicles and motorcycles was 11 percent up, unadjusted, from the year before, mainly due to growth in trade in motor vehicles (+20.5 percent), and parts and accessories for motor vehicles (+0.9 percent), shows data released on Thursday by the National Institute of Statistics (INS).The activities to see a decline in retail volumes last year were trade in motorcycles, related parts and accessories, maintenance and repair of motorcycles (-6.4 percent), and the maintenance and repair of motor vehicles and motorcycles (-1 percent).The turnover for market services provided to the population, unadjusted, advanced 5.9 percent year-over-year, as an effect of growth in washing and dry cleaning of textiles and furs (+32.4 percent), and HoReCA activities (+10.2 percent). Conversely, the activity of travel agencies and tour operators dropped 5.2 percent, gambling and other recreational activities declined 4.3 percent, and hairdressing services and other cosmetic activities were down 3.3 percent.
Participation in cultural education activities continues to be limited, with the main barriers being difficult access, insufficient knowledge, and cost, the recently released Cultural Consumption Barometer 2024 shows. The report showed that many Romanians still associate culture with entertainment rather than with personal development or furthering their knowledge. The need for relaxation dominates in cultural […]
Roughly 84% of Romanians say that the pace of the state’s digitalization is slow or very slow, according to an Edge Institute & AtlasIntel study presented at the Digital Governance Summit 2025, which took place on Tuesday, November 25, at the presidential palace in Bucharest. The survey aims to capture the way citizens relate to […]
Romania’s Superior Council of Magistracy (CSM) issued a negative opinion on the new bill regarding magistrates’ pensions. The move is only the latest development concerning a heated issue that led to tensions between the executive and the judiciary branch. CSM’s opinion is consultative, and the government led by Ilie Bolojan can still take responsibility for […]
Romania took the presidency of the Central European Initiative (or CEI) on Wednesday, November 26, according to a press release from the Ministry of Foreign Affairs (MAE). The organization is a regional intergovernmental forum established in 1989, following the fall of the Berlin Wall. It gathers 17 Member States in Central, Eastern, and South-Eastern Europe […]
Trade between Romania and Poland continues to grow, with annual bilateral exchanges in goods now valued at more than EUR 12 billion, according to figures presented by the Polish-Romanian Bilateral Chamber of Commerce and Industry (PRBCC). The data was released during a reception in Bucharest marking Poland’s Independence Day and Romania’s National Day. Polish investments […]
As Romania moves closer to implementing the EU Pay Transparency Directive, local employers are preparing for one of the most consequential shifts in workplace regulation in over a decade. The directive, set for transposition by June 2026, introduces strict new rules on salary disclosure, pay reporting, and equal-pay verification, aiming to close persistent gender gaps […]
