? Moderate growth of activity in retail trade and services ? Relative stability in the number of employees in manufacturing, construction and services ? Price growth in manufacturing, construction and retail trade Managers of Romanian companies estimate a moderate increase in the retail trade and services sectors, between September and November, as well as a relative stability of the number of employees in the processing industry, constructions and services, according to the results of a survey published on Tuesday by the National Institute of Statistics (INS).According to the official statistics, in the processing industry, managers expect, for the next three months, a relative stability in terms of the production volume (short term balance + 3%), while in the coke and refined petroleum products manufacturing sector will show a strong increase, with a short term balance of plus 61%.Regarding the number of employees, a relative stability is estimated in the same industry, with a short term balance of + 2% overall, and with an increase estimated in the price for industrial products, until the end of November (short term balance of +31%).According to estimates in September 2021, in the construction activity there will be some stability of the production volume for the next three months (short term balance -3%), but also in terms of the number of employees (short term balance -3%). Also, the prices of construction works would increase, the short term balance being of plus 37%.In the retail trade sector, the managers estimated, for the period September - November, a trend of moderate growth of the economic activity (short term balance + 15%). At the same time, the volume of orders addressed to the suppliers of goods by the commercial units will register moderate increases (short term balance + 13%).In the same sector of activity, employers forecast a moderate increase in the number of employees (short term balance + 15%), but also a jump in retail prices (short term balance + 36%).In the services segment, in the reference period, the estimates show a moderate increase in the demand for services (short term balance + 7%). In addition, a relative stability of the number of employees is anticipated (short term balance + 1%).In the view of managers, the selling or billing prices of services will have a moderate upward trend, with a short-term balance of plus 15%.The INS states that the short term balance indicates the perception of business managers on the dynamics of a phenomenon that should not be confused with the rate of increase or decrease of any statistical indicator produced by statistics.The short-term percentage balance is obtained as the difference between the percentage of managers who chose the positive variant of the phenomenon and the percentage of those who indicated the negative variant, notes the same source.
Romania will celebrate its National Day on December 1 with a large military parade in Bucharest featuring Romanian and allied troops. The event will also showcase an extensive display of military equipment and aircraft at the Arch of Triumph. More than 2,900 servicemembers and specialists from the Ministry of National Defense, Interior Ministry, Romanian Intelligence […]
Romania’s leading bank, Banca Transilvania, announced the successful completion of its first AT1 (Additional Tier 1) bond issuance on the Dublin Stock Exchange. The final volume of subscribed orders reached over EUR 2.65 billion, representing an oversubscription 5.3 times higher than the amount BT intended to raise. More than 180 investors, a record in Banca […]
During the Executive Committee meeting on Thursday, November 20, the Romanian Gymnastics Federation decided to dissolve the national teams after a series of public accusations of harassment. The accusations are not new. At the end of October, upon returning to the country after the World Gymnastics Championships in Jakarta, 23-year-old athlete Denisa Golgotă revealed that […]
Chinese electronic giant Xiaomi has opened its first physical store in Romania as part of a broader strategy to strengthen its presence on the local market, with additional retail expansion planned for 2026. The new Xiaomi Store, located in Bucharest’s ParkLake Shopping Center, is the company’s first directly operated retail space in the country and […]
Romania will introduce new penalties for retailers that refuse to replace defective products, under a new law recently promulgated by president Nicușor Dan. The measure requires traders to provide a replacement within 30 days when customers report that a purchased item is faulty, whether the purchase was made in-store or online. The retailers that fail […]
Romanian saber fencer Vlad Covaliu was named the best in the world in the junior category for the second consecutive year, according to a press release from Bucharest-based CS Dinamo. The winners of the 2024–2025 World Cup were awarded over the weekend at the International Fencing Federation 2025 Congress held in Manama, the capital of […]
