Romanian managers are estimating for the next three months a sharp increase in prices in the processing industry, construction and retail, according to the data published by the National Institute of Statistics (INS) on Tuesday.During the economic conjuncture analysis of June 2022, managers from the processing industry project a moderate increase in production volume for the next three months (+9% conjunctural balance). Beverage manufacturing will register the largest increase (+32% conjunctural balance). Regarding the number of employees, a relative stability is estimated, the conjunctural balance being +4% per the entire processing industry. For industrial products there is a sharp increase expected in the next three months (+40%).According to the estimates of July 2022, the construction industry will register an increase in production volume for the next three months (+19% cyclical variation). Managers estimate a moderate increase in number of employees (+6%). Managers also expect a sharp increase in the price of construction works (+57%).In the retail sector managers have estimated an upward trend of economic activity the next three months (+19%). The volume of orders for cargo suppliers by commercial units will also register an increase (+20%). Employers project an increase in employees in the next three months (+20% conjunctural balance). Managers of commercial companies also estimate an increase in retail prices (+68% conjunctural balance).According to the estimates of June 2022, demand for services (turnover) will see a moderate increase in the following three months (+8%). A relative stability is estimated for the number of employees (+4%). According to the managers' opinion, sale prices or billing of services will have an upward trend (+32%).The institution also mentions that the cyclical variation indicates the managers' perception on the dynamics of a phenomena which must not be confused with the growth or decline rate of any statistic indicator produced by INS. The percentage conjunctural balance is obtained as a difference between the managers' percentage who chose the positive variant of the phenomenon and the percentage that indicated the negative variant.
The 16th edition of Les Films de Cannes, the festival showcasing productions awarded or selected at the Cannes film festival, returns this fall to Bucharest and four other cities in the country. The winner of this year's Palme d'Or, Jafar Panahi's It Was Just an Accident, will be screened at the event, as will be […]
Răsvan Angheluţă Natural Sciences Museum in Galaţi is scheduled to reopen on September 20, after the completion of modernization works worth over 15.1 million lei (approximately EUR 3 million) carried out by the County Council through the recovery and resilience facility PNRR. The building hosts an Aquarium, an Astronomical Observatory, a Planetarium, and temporary exhibitions. […]
A team of Romanian paramedics won first place at the World Rescue Challenge 2025, a competition that sees first responders and trauma teams from around the world develop new skills and share knowledge. This year, the competition took place in Karlovac, Croatia, and was attended by two Romanian paramedics from Bucharest who have been working […]
Artmark, one of Romania’s leading auction houses, registered record sales of over EUR 15 million despite economic instability, showing the growth potential of the national art market, according to the company’s 2024-2025 market report. Overall, auction sales totaled EUR 11 million, up 8.2% compared to the previous year, while sales through the “Dependent de Artă” […]
Cybersecurity has become a major global priority, impacting individual users, companies, organizations, and public institutions. Social engineering, deepfakes, digital manipulation, and coordinated geopolitical attacks are fundamentally reshaping how we view the digital future. In this context, DefCamp, the largest cybersecurity and hacking conference in Central and Eastern Europe, reaffirms its role as a strategic hub […]
Romanian airline AnimaWings has received its fifth Airbus aircraft, an A220-300, as part of an ambitious expansion plan to build a fleet of 18 planes by the end of 2027, valued at over USD 1 billion. The A220-300 is the airline’s third of this type and will serve both domestic and international routes. Configured with […]
