- 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%).
Prices in Bucharest’s premium residential market have doubled over the past few years, reaching record highs amid a severe shortage of supply in the city’s most exclusive neighborhoods, Cushman & Wakefield Echinox said. Areas such as Primăverii, Kiseleff, Aviatorilor, and Dorobanți continue to dominate demand. Over the past 2 or 3 years, prices for premium […]
The Romanian Consulate in New York shared on social media the story of George Pomuț (George Pomutz, born Gheorghe Pomuț), the Romanian-American who facilitated the sale of Alaska to the US. Despite his role in US history, the Romanian is largely unknown today, the Consulate noted. Pomuț was born in the Hungarian town of Gyula, […]
Shares of Cris-Tim Family Holding (BVB: CFH) began trading on the Bucharest Stock Exchange on November 26 after an IPO worth RON 454.35 million (EUR 89.3 million) conducted last month. Cris-Tim is now the largest entrepreneurial company in the food sector on the BVB Main Market. The funds raised from institutional and over 8,000 retail […]
The Fabrica de Glucoză area is undergoing one of the fastest urban transformations in Bucharest, strengthening its position as one of the most dynamic residential and investment hubs in the northern part of the city. The modernization of infrastructure, the reconfiguration of the Dimitrie Pompeiu – Fabrica de Glucoză – Pipera axis, and the overall […]
Furnica Hotel, located near the famous Peleș Castle in the mountain town of Sinaia, and one of the landmark buildings of the Peleș Royal Domain, has been officially put up for sale by the Royal House of Romania. The hotel, whose initial purpose was to serve as housing for the staff employed by the Royal […]
The Bucharest National Opera will open the Romania–Italy Cultural Year 2026 with a gala concert in Rome on December 1, Romania’s National Day. The event, hosted at the prestigious Teatro dell’Opera di Roma, is organized by the Romanian Embassy in Italy in partnership with the Bucharest National Opera and supported by Romania’s Ministry of Foreign […]
