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Bucharest
March 5, 2021
BUSINESS

Industrial turnover up by 9.6 pc in first two months

Overall internal turnover (on both internal and external markets) grew in the first two months by 9.6 per cent year-on-year in nominal terms, while new orders grew by 3.6 per cent, according to the data that the National Statistics Institute (INS) announced on Friday. The developments were influenced by the growth registered in the processing industry (+9.8 per cent) and the extractive industry (+3.8 per cent). Compared to the first month of the year, in February industrial turnover grew by 9.5 per cent and by 13.7 per cent year-on-year. INS also announced that in the first two months new industrial orders grew by 3.6 per cent, after in February they grew by 5.2 per cent month-on-month and 17 per cent year-on-year.

Another INS report shows that primary energy resources dropped by 7.3 per cent in the first two months of the year and electricity resources dropped by 5.6 per cent compared to the same period last year. Thus, the main primary energy resources totaled 4.99 million toe (tons of oil equivalent), down by 393,200 toe. Internal production totaled 3.56 million toe, down by 7.1 per cent, while imports totaled 1.43 million toe, down by 7.8 per cent. Thermal power plants produced 5.51 billion KWh, down by 1.27 billion KWh (18.8 per cent), hydropower plants produced a bit over 2 billion KWh, up by 379.2 million KWh (23.3 per cent), and the Cernavoda nuclear power plant produced 1.99 billion KWh, down by 42.2 million KWh (2.1 per cent). During the analyzed period wind farms produced 873.6 million KWh, up by 432.9 million KWh compared to the same period last year. Electricity exports totaled 213.9 million KWh, down by 56.2 million KWh (20.8 per cent).

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