BNR expects a slowing down of economic activity in most economic sectors, except for agriculture, in quarters 3 and 4, according to the November Report on inflation. According to the source, economic activity especially in HoReCa and cultural-recreational activities, is evaluated as having benefited, in the first two months of quarter 3, from the relaxation of an important number of mobility restrictions, on the background of the improvement of the medical situation. Also in this context, there is a high level of the economic agents' confidence in July and August. ESI indicator calculated by DG ECFIN recorded some of the highest values since the beginning of pandemic. In exchange, unfavorable signals came from the dynamic of industrial production and the building sector, on the background of the persistence of differences in supply chains (in the context of microchip crisis and the global raw material price increase) evaluated with a more persistent character than initially anticipated. Moreover, exports are foreseen to benefit from the activity recovery of the main commercial partners in the euro zone, on the background of a better control of the health situation in those states. The institution foresees that the new trajectory includes: slowdown effects, higher than previous estimates, of economic activity in the last two quarters of the current year and the contraction impact, anticipated to persist for some time, because of energy prices. The average annual GDP increase is imprinted by that of people's household consumption, to which is added the solid contribution of the formation of fix capital. The contribution of real net exports is designed to remain negative, with higher values in 2021 (against the previous year). For the current year, the designed contribution of the variation of stocks in the average GDP dynamic is very high.
The SIGNAL IDUNA companies concluded 2024 with a total gross written premium volume of approximately RON 424 million, marking an aggregated growth of 16% compared to the previous year. These financial results reflect the consolidation of a sustainable development strategy, supported by portfolio expansion, digitalization, the launch of new solutions for both individual and corporate […]
Kantar Romania launched, during an event dedicated to their clients, "The Trust Factor – Building Brands That Endure Uncertainty", the top 20 brands that manage to inspire the greatest confidence among the Romanian consumers, based on the analysis of 162 brands from 12 sectors*. In a period marked by uncertainty and skepticism, trust becomes the […]
Balancing career success with personal growth is a challenge many professionals face today. As the pressure to achieve and perform increases, many begin to crave more than just success: they want clarity, alignment, and a deeper sense of purpose. For Lin Holmquist, business coach and one of Europe’s most acclaimed experts in Tantra, Yoga, and […]
CFR Călători, the state-owned railway company for passengers, announced that the first train entirely made up of rolling stock modernized with funds from the EU-backed Recovery and Resilience Fund (PNRR) was introduced on the Bucharest North – Constanța route. The train, which is already running, consists of a locomotive delivered by the Softronic factory in […]
The first edition of Urban Habits (nUH), a festival aiming to be “a space for ideas, debates, co-creation, and experimentation,” takes place between April 26 and April 27 at Lokal and on Erou Ion Călin Street, which will be temporarily transformed into a pedestrian space. The program will address themes ranging from innovation, design, and […]
Mall Moldova, the largest shopping center in the Moldova region, officially opened on April 17 in Iași, covering 110,000 sqm. Developed by Prime Kapital, in partnership with MAS P.L.C., Mall Moldova is part of a large-scale investment plan carried out by the two investors in Iași, worth approximately half a billion euros, which also includes […]
