surge

The National Institute of Statistics calculated an average price increase of +5.11% in November compared to the same month last year, a significant advance for a single month, after inflation had dropped to 4.67% in October. Although…

Romania's electricity imports were 86% higher in the first nine months of this year, compared to the same period last year, according to a report published on Thursday by Transelectrica. This situation is worrying for the country's energy…

Romania saw a 131% year-on-year growth in real estate transaction volume during H1 2024, reaching €418 million—the highest growth rate in Central and Eastern Europe (CEE). This surge places Romania third in the region, behind Poland and…

The price of silver has increased by 20% since the beginning of this year. According to the a gold and silver trader company, this increase is based on insufficient production and an ever-increasing demand. Over the past nine years, demand…

The Romanian wine industry continues its ascent, with over 50 new wineries authorized in the last 10 months, according to data from ONVPV, analyzed by Wines of Romania. Additionally, wine production was up by 15% compared to 2022, despite…

​The number of new cancer cases was 21% higher in 2023 compared to the previous year, according to data from the National Institute of Public Health, the Federation of Cancer Patient Associations reported on Monday. According to the…

Enterprise spending on generative Artificial Intelligence (Gen AI) will grow by 30% in 2024, from an estimated US$16 billion in 2023, according to the latest edition of the Deloitte Technology, Media and Telecommunications (TMT) Predictions…

The global life sciences industry has once again embraced big deal making, with mergers and acquisitions (M&A) investment totaling US$191b to 10 December 2023, compared with US$142b in 2022. Though deal volume fell, with the total…

The average office transaction size during the first 9 months of 2023 has been of 1,810 sq. m, the highest average registered in the last 4 years and close to the record level of 1,900 sq. m set in 2019, according to data from the Cushman…

Romania is witnessing an upsurge in healthcare spending, with projections indicating a 37.68% increase, escalating the total healthcare expenditure by $7.5 billion and reaching $27.3 billion by 2028. This surge is mainly mirrored in…