Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Turnover in market services rendered to the population...

Turnover in market services rendered to the population down by 1.5 pct in the first eight months

November 18, 2024

The turnover volume of market services rendered to the population decreased, in the period January 1 - August 31, 2024, compared to the same period last year, by 1.9% as unadjusted series, and by 1.5% as working days and seasonally adjusted series.Market services activities provided to the population, unadjusted series, recorded a lower turnover due to a decrease in turnover in: tourist agencies and tour operators (-8.7%), hairdressing and other beauty activities (-7%), gambling and other recreational activities (-2.5%) and hotels and restaurants (-2.4%). Washing and (dry-)cleaning of textiles and fur products increased by 11.8%.Turnover volume in market services supplied to the population increased in August 2024 compared to July 2024 both as unadjusted series by 6.9% and as working-day and seasonally adjusted series by 2.1%, on the back of increases in tourist agencies and tour operators (+11%), gambling and other recreational activities (+7.8%) and hotels and restaurants (+7.4%). Decreases were recorded in: washing and (dry-)cleaning of textile and fur products (-4.1%) and hairdressing and other beauty services (-3.1%).Turnover volume in market services supplied to the population decreased in August 2024, year-over-year, both as unadjusted series by 1.9% and as working-day and seasonally adjusted series, by 1.8%.Market services activities provided to the population, unadjusted series, recorded a lower turnover in August 2024 due to decreases in hotels and restaurants (-3.9%) and gambling and other recreational activities (-3.8%). Increases were recorded in washing and dry-cleaning of textiles and fur products (+15.3%), tourist agencies and tour operators (+8.4%) and hairdressing and other beauty services (+0.6%).

Read in full - click here
Institute for study of communist crimes urges Romanian authorities to act against rising pro-totalitarian nostalgia

The Institute for the Investigation of the Crimes of Communism and the Memory of Romanian Exile (IICCMER) has issued a public appeal to president Nicuşor Dan and prime minister Ilie Bolojan to demonstrate “firmness in decision-making” in order to counter what it describes as an “increasingly insidious phenomenon of pro-totalitarian nostalgia,”

Real estate developer AFI secures EUR 537 mln refinancing package for Romanian projects

AFI Romania, part of the leading real estate development, management, and investment company operating across Central and Eastern Europe, AFI Group, announced that it secured a EUR 537 million refinancing package for three major projects in its portfolio: AFI Cotroceni, AFI Brașov, and AFI Ploiești. The three projects included in the refinancing are among the […]

Hidroelectrica faces scrutiny over alleged preferential electricity supply to politically linked firms

State-controlled Hidroelectrica (BVB: H2O) allegedly supplied electricity for years to politically connected companies and religious institutions without issuing invoices or collecting payments, according to public data analysed by investigative platform Recorder. The supplies...

Romania’s Altex sketches strong expansion plans for Brico Dépôt after Raiffeisen-financed takeover

Altex Romania will develop in the following year the DIY chain Brico Dépôt by securing ownership of the rented stores, upgrading the entire chain, and opening three to five new stores per year after the transition year 2026, Altex founder, main shareholder, and CEO Dan Ostahie announced after his company took over the do-it-yourself chain […]

Romania's government appoints heads of agency for monitoring state companies AMEPIP

The government announced it selected, on November 27, a president and two vice-presidents for the Agency for Monitoring and Evaluation of Public Enterprises' Performance (AMEPIP). The action was a milestone under the Resilience Facility due November 28, after the expiry of the six-month extra time allowed by the European Commission, with a EUR 330 million […]

Romania operates second budget revision, keeps deficit target at 8.4% of GDP

Romania's Ministry of Finance published for debate the draft emergency ordinance (OUG) on the second budget rectification of this year on the evening of November 27. According to the document, the general government budget deficit will remain at 8.4% of GDP, Hotnews.ro reported.  Central government budget revenues for...