Romania: Households' consumption in Romania returns to pre-COVID levels

September 13, 2024

Households' consumption in Romania returns to pre-COVID levels
Sep 13, 2024

Households' consumption in Romania returns to pre-COVID levels.

The households' consumption expenditure in Romania increased to 67.1% of GDP in Q1, the highest level since Q1 2020, and 63.6% in Q2 – 2.3 percentage points (pp) up from the same quarter last year, according to data published by the statistics office INS. The share has recovered from the (...)

[Read the article in Romania Business Insider]

SEE ALSO IN ROMANIAN NEWSPAPERS

Competition Council Puts Up For Public Debate Mega Image's Supplier-Related Commitments To Acquire Profi The Competition Council is submitting for public consultation the commitments proposed by Delhaize "The Lion" Nederland B.V. (Mega Image) to address competition concerns identified in the market for product purchases from suppliers, in the context of the takeover of Profi Rom Food S.R.L..

REI: Total Value Of Investments Of The 37 Companies Eligible For Funding Via "InvestALIM" Program Tops RON4B The total value of investments forecasted by the 37 companies eligible for funding through the “InvestALIM” funding program amounts to over RON4 billion (overEUR 800 million), while the amount of state aid requested amounts to over RON2.3 billion (over EUR450 million), as per data provided by (…)

Donation-funded children's hospital in Bucharest recognized at regional architectural competition Tessaract Architecture, the Bucharest-based architecture studio specializing in healthcare, won the Healthcare category prize at the Share Architects Awards for the project of the Children's Hospital built at Marie Curie Hospital in Bucharest by the non-profit D?ruie?te Via??. Share Architects (…)

tbi bank, Also Present In Romania, Upwardly Revises Its Net Profit For H1/2024 To EUR24.4M tbi bank, a provider of alternative payment solutions, which operates in Romania, Bulgaria, Greece, Germany and Lithuania, announces an upward revision of its net profit for the first half of 2024, after the auditors’ review of the interim financial data, to EUR24.4 million (EUR1.2 million more (…)

European Digital Commerce Summit 2024 brings together leaders of the "Driving Industry" from the Romanian digital economy The European Digital Commerce event (EDC), organized by VTEX and Amazon Web Services on 18th November at Nord Events, brings together leaders from ecommerce, a sector that has become an essential driving force in Romania's digital economy in recent years. Responsible for 25% of Romania’s GDP (…)

Statistics Board Upwardly Revises Romania's GDP Growth At 0.9% In Q2/2024 vs Q1/2023, At 0.3% vs Q1/2024 Romania’s statistics board INS upwardly revised the country’s economic growth for the second quarter of 2024 against the same quarter of 2023 and the first quarter of 2024.

Prix Mà�dicis 2024: Romanian Mircea C?rt?rescu's novel Theodoros in the second selection Mircea C?rt?rescu's novel Theodoros is on the shortlist of nominations for Prix Médicis 2024. The jury announced the second selection on October 9, and Theodoros was added to the list of foreign novels. "Published this autumn in French, Spanish, German, Italian, and Bulgarian, Theodoros is one (…)