- Growth of activity in construction and retail trade - Relative stability in the number of employees in manufacturing industry and services - Price growth in construction and retail trade, according to the data of the National Institute of Statistics (INS) published on Monday Manufacturing According to the business tendency survey of July 2024, managers from the manufacturing industry forecast a relative stability of the production volume (balance +3%). Regarding the number of employees, a relative stability is estimated, the balance being 1%. For the prices of industrial products, a moderate growth is forecasted for the next three months (balance +14%). Construction According to July 2024 estimations, there will be a growth in the production volume of the construction activity for the next three months (balance +17%). Managers forecast a moderate growth in the number of employees (balance +7%). As to the prices of construction works, a growth is forecasted (balance +25%). Retail trade In the retail trade sector, managers estimated a growth in the economic activity for the next three months (balance +20%). The volume of orders placed by the trade units to the suppliers of goods will register a moderate growth (balance +15%). Employers forecast a moderate growth in the number of employees for the next three months (balance +11%). Managers of trade companies estimate a growth of the retail prices (balance +28%). Services According to July 2024 estimations, the demand for services (turnover) will register a moderate growth for the next three months (balance +7%). A relative stability is estimated for the number of employees (balance +2%). According to the managers, the selling or invoice prices of services will register a moderate growth (balance +14%).
Romania achieved a new cultural milestone as UNESCO added the cobza, a traditional pear-shaped string instrument, to the Representative List of the Intangible Cultural Heritage of Humanity. The element, officially titled “Cobza, traditional knowledge, skills and music,” was jointly nominated by Romania and the Republic of Moldova. The decision, announced...
Plenty of Christmas markets and a designer gift fair are on this weekend for those looking for the right presents, while carol concerts liven the mood.
Romania, which for years ranked last in the EU for packaging waste recycling, now stands at the forefront of Europe’s circular economy, proving that a country with initially fragile infrastructure can implement, in record time, one of the most effective collection and recycling systems in Europe. This rapid transformation is taking place in a European […]
Tucked inside Radisson Blu Hotel, Bucharest, Ginger Sushi Bar & Lounge marks the turn of the year with an intimate New Year’s Eve dining experience built around a multi-course tasting menu. From 19:00 onwards, guests are welcomed to a carefully paced evening that blends Japanese inspiration with premium ingredients, from scallops and Wagyu to Chilean […]
Romanian non-profit Dăruiește Viață has completed a new renovation project at the “Louis Țurcanu” Emergency Children’s Hospital in Timișoara, upgrading the Pediatric Onco-Hematology Transplant Unit to modern medical standards. The investment, worth approximately EUR 150,000, was funded by Linde Gaz Romania and Atos Global Delivery Center. The organisation has been working with the Timișoara hospital […]
The multimedia exhibition Aici Se Vede Jazz (Here You Can See Jazz), set to open at SAC Berthelot in Bucharest, explores how jazz found its way in the pre-1990 Bucharest and “the contemporary ways to listen, visualize, perform and relate artistically to its world of sounds and ideas.” Bucharest had improvised studios, rehearsals with the […]
