Moderate growth of activity in manufacturing industry and retail trade Relative stability in 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 2023, managers from the manufacturing industry forecast a moderate increase of the production volume for the next three months (balance +6%). Regarding the number of employees, a relative stability is estimated, the balance being -1%. For the prices of industrial products, a moderate growth is forecasted for the next three months (balance +15%). Construction According to September 2023 estimations, there will be a relative stability in the production volume of the construction activity for the next three months (balance -3%). Managers forecast a relative stability in the number of employees (balance -2%). As to the prices of construction works, a growth is forecasted (balance +27%). Retail trade In the retail trade sector, managers estimated a moderate growth in the economic activity for the next three months (balance +13%). The volume of orders placed by the trade units to the suppliers of goods will register a growth (balance +16%). Employers forecast a moderate growth in the number of employees for the next three months (balance +11%). Managers of trade companies estimate a growth of the retail prices (balance +36%). Services According to September 2023 estimations, the demand for services (turnover) will register a relative stability for the next three months (balance +3%). 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 +8%).
Romanian film trilogy Moromeții, directed by Stere Gulea, will be presented at the 54th edition of the Rotterdam International Film Festival, taking place from January 30 to February 9, 2025. This renowned European event, which annually presents hundreds of films across more than 20 sections, will feature the three films - Moromeții (1987), Moromeții 2 […]
The Abracadabra – Secrets of Magic interactive exhibition will transform Arcub – Hanul Gabroveni in Bucharest into a magical universe starting December 27, 2024. Running until May 4, 2025, the event offers visitors the opportunity to explore a labyrinth of magic, featuring over 20 interactive attractions and more than 500 live performances by MAGITOT and […]
Romanian president Klaus Iohannis and the head of the European Commission, Ursula von der Leyen, posted messages paying homage to the 1989 Romanian Revolution, which has its 35th anniversary these days. The Revolution put an end to the communist regime in Romania. The two leaders used the occasion to warn against the dangers of far-right, […]
Henry Páll Wulff, a German citizen living in Romania and former co-chair of Volt Romania political party, emphasizes how the disparate challenges and shifting dynamics in Romania underline the importance of understanding global trends. The year 2024 brought a wave of significant elections worldwide, from the United States to Europe and beyond. Against this backdrop, […]
Social Democrat (PSD) leader Marcel Ciolacu has been appointed by president Klaus Iohannis to form the new government, with the prime minister set to request a vote of confidence from Parliament later today, December 23. Ciolacu thus returns to Victoria Palace as head of government, backed by the newly-emerged ruling coalition. The new cabinet will […]
Igor Feio, a Portuguese citizen living in Romania for over ten years, shares his view on the Constitutional Court's recent decision to cancel the first round of the presidential elections in the country. On November 24, about 9 Million people expressed their vote in the 1st round of the Presidential Elections. It was a somehow […]
