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%).
Céline Gauer, the director general of the Recovery and Resilience Task Force (or RECOVER) at the European Commission, arrived in Romania on Tuesday, July 15, to meet with officials regarding the implementation of the National Recovery and Resilience Plan, or PNRR. As the coordinator of the PNRR, which offers funding in the form of advantageous […]
Aluminium producer ALRO, a subsidiary of Vimetco PLC from Cyprus, celebrated 28 years on the Romanian stock exchange (BVB) and 60 years of uninterrupted industrial activity. Its market capitalization has increased nearly 21 times since its listing and now exceeds RON 1 billion. The company’s history began with the first batch of Romanian aluminium, on June […]
Something is quietly shifting in Romania. In places where paperwork, patchy Wi-Fi, and long queues once ruled, change is starting to show. Towns are more connected, cities are getting smarter, and essential services are beginning to live online, not in line. A tidal wave of digitisation is common to other areas of the globe, that’s […]
Several segments in Romania's A7 and A8 highway projects have lost funding from the National Recovery and Resilience Plan (PNRR) due to project delays, the minister of investments and European projects, Dragoș Pîslaru, announced on Tuesday, July 15, as reported by Biziday.ro. He did not specify which segments of these highways were affected. The statement […]
Real estate developer Redport and businessman Dan Șucu officially inaugurated the showroom for their latest residential project, Vitality Est, and announced the start of construction work on the site near Pantelimon Park and Lake in eastern Bucharest. The project, estimated at EUR 50 million, will include 500 apartments and 400 square meters of commercial space. […]
According to an analysis from real estate consultant Colliers based on National Bank of Romania data, Romanians spent more than EUR 3 billion on international travel in the first four months of 2025, 15% more than in the same period of 2024. If the current pace continues, Romanians’ spending on foreign holidays and business travel […]
