- Relative stability of the activity and the number of employees in manufacturing, construction and services - Price growth in construction and retail trade Manufacturing According to the business tendency survey of September 2024 made by the National Institute of Statistics (INS), managers from the manufacturing industry forecast, for the next three months, a relative stability of the production volume (balance +4%). Regarding the number of employees, a relative stability is estimated, the balance being -3%. For the prices of industrial products, a moderate growth is forecasted for the next three months (balance +14%). Construction According to September 2024 estimations, there will be a relative stability in the production volume of the construction activity for the next three months (balance -2%). Managers forecast a relative stability in the number of employees (balance +1%). As to the prices of construction works, a growth is forecasted (balance +21%). Retail trade In the retail trade sector, managers estimated a growth in the economic activity for the next three months (balance +19%). The volume of orders placed by the trade units to the suppliers of goods will register a moderate growth (balance +14%). Employers forecast a moderate growth in the number of employees for the next three months (balance +7%). Managers of trade companies estimate a growth of the retail prices (balance +33%). Services According to September 2024 estimations, the demand for services (turnover) will register a relative stability for the next three months (balance +4%). A relative stability is estimated for the number of employees (balance +1%). According to the managers, the selling or invoice prices of services will register a moderate growth (balance +11%).
The US official export credit agency, EXIM Bank, has approved a financial commitment of up to USD 99 million to support the development of Romania’s 462 MW small modular reactor, or SMR, project near the village of Doicești. The funds are designated for RoPower Nuclear SA, a joint venture equally controlled by the state-owned company […]
At a time when our thirst for knowledge is growing, as is the amount of content available online, the use of AI summarization tools is becoming increasingly common. Let's take a look at how these AI tools are emerging as a time-saving solution for our busy schedules. Why AI summarizers are gaining popularity The amount […]
The Games in Schools program, through which hundreds of students across Romania are taught history, geography, and other subjects with the help of video games, is entering a new phase this fall and expanding. The Romanian Game Developers Association launched the Games in Schools, or RGDA, program in 2022 to provide alternative tools to teachers […]
Output and new orders down at fastest rates since February Survey-record drop in payroll numbers, while confidence dips Below average input and output price inflation signalled The manufacturing sector in Romania remained under pressure in September, as operating conditions deteriorated at the most pronounced rate seen since February. Subdued demand conditions played a large part […]
Bucharest and twelve other cities across Romania will open their alternative contemporary art spaces for a long program during the weekend of October 4-6, marking the 18th edition of the White Night of the Galleries. The public will be able visit galleries, alternative spaces, creative hubs, and art studios in Bucharest, Brașov, Cluj-Napoca, Craiova, Deva, […]
Catalyst Romania has invested EUR 2 million in Romanian robotics development company Adapta Robotics. Women in Tech (WIT), a business angel community, participated in the round. The investment will allow Adapta Robotics to further customize its flagship MATT Robot to serve various industry verticals, strengthen its sales and marketing teams, and establish strategic partnerships with […]
