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Industry continues to decline in Q1 2024 dragging down productivity

National Commission for Prognosis estimates a 5.1% drop of industrial production in the first quarter of 2024

Institute of Statistics confirms Commission for Prognosis 2023 GDP

Romanian Producers Appeal for Unlocking of Cash Rebate Scheme

FNE Market Analysis 2020: ROMANIA - FilmNewEurope com

collective by Alexander Nanau BUCHAREST: Romania has been seriously affected by the Coronavirus pandemic, which shut down film production and cinemas for several months. The closing of cinemas and the decrease of TV advertisement resulted in a significant decrease of the amount of money for the national Film Fund and, as a consequence, no production grants were allotted for 2020 and most likely won t be allotted for 2021 as well. Although officially re-launched in January 2020, when it was taken over by the Ministry of Economy, the cash rebate scheme didn t function in 2020, and at the end of 2020 most of the projects already shot since the scheme opened in 2018 were waiting for the rebate.

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