Romanian managers are estimating for the next three months a price increase in the processing industry, retail and services, according to the results of a survey published on Friday by the National Institute of Statistics (INS).In the said survey of January 2022, managers in the processing industry project for the following three months a relative stability of production volume (conjectural balance of 1%). For the manufacturing activity of coking products and products obtained by crude oil processing the highest increase will be registered (62% conjectural balance).Regarding the number of employees, a relative stability is estimated, the conjectural balance being +4% for the total of the processing industry. For the industrial prices, there is a forecast of increase in the following three months (39% conjectural balance).According to the estimates of January 2022, the construction activity will register a moderate drop in production volume in the next three months (-6% conjectural balance). Managers are estimating a moderate drop in the number of employees (conjectural balance of -7%). Regarding prices in construction works, an accentuated growth is projected (conjectural balance of +49%).In the retail sector managers estimate a moderate drop of economic activity in the next three months (conjectural balance of -12%). Volume of orders for the suppliers of goods towards commercial units will register a moderate drop (-7% conjectural balance). Employers forecast a moderate increase of number of employees for the next three months (+12% conjectural balance).Business managers estimate an increase in retail prices (+39% conjectural balance).According to the estimates of January 2022, the demand for services (turnover) will know a relative stability in the next three months (+2% conjectural balance). The services sector also estimates relative stability in number of employees (-2% conjectural balance). According to the opinion of managers, sale prices or service billing will have an upwards trend (+23% conjectural balance).
The first self-service mobile phone repair shop in Romania opened in the city of Iasi, aimed at promoting sustainability and the right of users to maintain their own devices in safe and efficient conditions. The initiative aims to promote the right to repair, following European Directive 2024/1799, to support the tech community and DIY repair […]
Ukrainian refugees living in Cluj County, central Romania, have restored a playground in the suburb of Florești as a sign of gratitude for the support offered by Romanians after the start of the war in Ukraine. According to representatives of the Association of Ukrainian Youth in Romania (or ATUR), this project was entirely funded and […]
The Brașov Jazz & Blues Festival returns for its 13th edition from August 14 to 17, transforming the city into a multi-stage celebration of jazz, blues, gospel, and live improvisation. This year's edition will take place in seven locations across Brașov and nearby areas, featuring live music, film screenings, jam sessions, and family-friendly activities. The […]
Affinity Life Care, the largest private network of residential centers for the elderly in Romania, announced the attraction of a growth equity investment from BlackPeak Capital, a private equity fund active in Southeastern Europe. At the moment, Affinity operates three centers in the most important areas of the Romanian capital, with a capacity of over […]
Tensions have emerged within Romania's ruling coalition following disagreements over the state funerals of former president Ion Iliescu. The Social Democratic Party (PSD) announced on Wednesday, August 6, that it would suspend participation in coalition meetings, citing what it described as "public incitement to hatred" from the Save Romania Union (USR). The dispute centers on […]
When you’re craving something out of the ordinary, Boromir’s collection of Slowly Leavened Croissants with Natural Sourdough is here to transform your snacking experience. We’ve turned your search for a unique, memorable flavor into a delightful range of croissants where every bite is a surprise. With their irresistible combination of textures and flavors, Boromir Croissants […]
