- 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%).
MedLife, Romania’s largest private medical services network, announced on Wednesday, December 10, that it reached a market capitalization of EUR 1 billion on the Bucharest Stock Exchange (BVB). The milestone secures its position as “the most valuable healthcare company” in the country. The achievement came nine years after MedLife’s listing on BVB in December 2016, […]
The Buzău Land UNESCO Global Geopark in Romania has become a “living laboratory” this week as a team of American researchers arrived to study microorganisms capable of surviving in extreme environments. The scientists, part of the interdisciplinary research organisation The Two Frontiers Project, are examining methane seeps, sulfur and petroleum springs, saline sources, and other […]
A moose has been unexpectedly spotted in the Hunedoara county area, specialists from the conservation group Rewilding Romania announced on Wednesday, December 10, sharing footage of the animal on social media. The sighting is considered “an important discovery for Romania’s wildlife,” though experts caution that it remains unclear how the animal reached this region. According […]
Trade unionists will continue to require the Presidential Administration to mediate the conflict with the government on issues such as the minimum wage or the collective labour agreement, said Bogdan Hossu, president of the Cartel Alfa trade union confederation, as reported by
Prime minister Ilie Bolojan said on Wednesday, December 10, that Romania’s state budget for 2026 will be adopted only at the end of January, citing the need for Parliament to first approve legislation required to ensure predictability and compliance with the country’s deficit targets. His comments came as the government has been working to align […]
Bosch announced that its Global Business Services centre in Romania, at Timisoara, plans to reduce approximately 510 positions of the existing 1,800 by the end of 2030 as part of a cost-cutting plan that aims to lay off 13,000 employees worldwide across the entire group. The company cited “stagnant demand for services” and “productivity potentials […]
