Managers estimate the growth of activity in retail, a relative stability of the number of employees in the manufacturing industry, constructions and services and growth of the prices in the manufacturing industry, constructions and retail, show the data published on Friday by the National Institute for Statistics (INS). ‘During the conjuncture investigation of August2021, the managers in the manufacturing industry estimate for the next three months, moderate growth of the volume of production (season balance +6%).For the activity of fabrication of electrical equipment the biggest increase is estimated (season balance +20%), followed by the activities of pharma and pharma products (season balance _16%). When referring to the number of employees it is estimated a relative stability, the season balance being _1% on the whole manufacturing industry’ the INS data say. For the prices of industrial products it is estimated growth over the next three months (season balance +22%). According to the estimates of August 2021, the activity of constructions will have a moderate growth of the volume of production over the next three months (season balance +11%). The managers estimate a relative stability of the number of employees (season balance +3%). As regards the prices of construction works it is estimated growth (season balance +38%). In the sector retail, the managers estimated for the next three months, a trend of growth of the economic activity (season balance +17%). The volume of orders for suppliers made by the commercial units will have a moderate growth (season balance +15%). The employers estimate for the next three months a moderate growth of the number of employees (season balance +13%). The managers of the commercial units estimate the growth of selling prices (season balance +32%). According to the estimates of August 2021, the demand for services (turnover) will have a moderate growth over the next three months (season balance +1- %). In the services sector it is estimated the relative stability of the number of employees (season balance +4%). According to the opinion of the managers, the selling or billing points of the services will have the trend to increase moderately (season balance +9%).
The fifth edition of the Romanian Film Festival in Washington DC will take place between November 7-10 at Landmark's E Street Cinema. This year's event is dedicated to celebrating 20 years since Romania's accession to NATO and is part of an extensive public diplomacy program organized by the Romanian Embassy in the US to mark […]
One United Properties (BVB: ONE), the leading green investor and developer of residential, mixed-use, and office real estate in Romania, announces that HIKVISION, a global leader in video surveillance products and solutions, will open its new offices in the sustainable One Cotroceni Park building....
Former Romanian health minister Nelu Tătaru has been placed under judicial supervision by anti-corruption prosecutors in a case where he is accused of taking small-value bribes. Prosecutors from the Iași Territorial Service of the National Anticorruption Directorate, or DNA, ordered the initiation of criminal proceedings and imposed a judicial supervision measure for 60 days against […]
Data Talks 2024, a forum organized recently at the Immersive Museum of New Arts (MINA), brought together over 120 data analysis specialists, representing more than 40 companies from the business intelligence sector. The primary objective of this regional forum is to facilitate best practices and organize impactful events for companies, federations, and sports clubs that […]
Romanian Social Democrat leader and prime minister, also running for the presidential seat this autumn, Marcel Ciolacu, named Liberal (PNL) regional leader Ilie Bolojan as his preferred would-be prime minister. Notably, Bolojan is also being circulated as a potential prime minister in case the Liberal leader Nicolae Ciuca wins the presidential elections. In fact, the […]
Romania’s agricultural sector faces significant setbacks this year, with the European Commission revising crop yield forecasts further downward due to severe drought and heavy rainfall in key producing regions. Grain corn yields are projected to drop to 3 tonnes per hectare - a 10% reduction from last month’s forecast and a staggering 36% decrease compared […]
