consumption

There are now more than 10,000 breweries in the European Union according to the latest figures revealed today by The Brewers of Europe, whilst both the production and consumption of beer have gradually grown year on year for the last five…

Bread and bakery products represent staple food for Romanians, with  the average consumption reaching 8 kilos on a monthly basis in Romania last year, meaning 96.5 kilos per year, reads a report released by the National Institute of…

In 2018, economic activity in the CEE region continued its solid expansion that started in 2017. This was especially the case for Poland, Hungary and Latvia, recording GDP growth rates close to 5%. Other countries experienced a weaker pace…

Romania’s government has passed a first revision of the 2019 budget in response to its widening fiscal deficit. Effective measures are needed given the country’s pro-cyclical fiscal policies and the upward trajectory of public debt, says…

Romania has the second lowest number of active companies per thousand inhabitants in Europe, according an analysis of the financial-banking analysts in Romania. Overall, there are 500,000 active companies on the local market, with their…

Romania’s economy, with growth based on consumption, looks like a sand castle which may be put down in a second, by a wave of by the breeze (of crisis). Higher inflation, the depreciation of the national currency and the financial blockage…

The National Authority for Consumer Protection (ANPC) has issued 42 fines worth RON 468,000 and 12 warnings to the hypermarkets-supermarkets in Oltenia region (south-western Romania), the institution informs on Monday. ANPC has conducted…

The price of electricity on the spot market in Romania, to be supplied on Wednesday, is the highest in the region and has reached RON 630/MWh, very close to the historic high of RON 680/MWh recorded in February 2017. The average price of…

ALUM S.A,  the only calcined alumina producer in Romania, continues its modernization and upgrading programme, by investing USD 14.4 million this year in environmental protection measures, technological processes, reduction of the specific…

Wind energy has provided 30 per cent of the energy consumption in Romania on Saturday, which ranked our country third in Europe after Denmark (76 pc of the consumption) and Portugal (50%). According to Wind Europe association, wind energy…