Managers estimate the growth of activity in retail, a relative stability of the number of employees in the manufacturing industry, constructions and services and growth of the prices in the manufacturing industry, constructions and retail, show the data published on Friday by the National Institute for Statistics (INS). ‘During the conjuncture investigation of August2021, the managers in the manufacturing industry estimate for the next three months, moderate growth of the volume of production (season balance +6%).For the activity of fabrication of electrical equipment the biggest increase is estimated (season balance +20%), followed by the activities of pharma and pharma products (season balance _16%). When referring to the number of employees it is estimated a relative stability, the season balance being _1% on the whole manufacturing industry’ the INS data say. For the prices of industrial products it is estimated growth over the next three months (season balance +22%). According to the estimates of August 2021, the activity of constructions will have a moderate growth of the volume of production over the next three months (season balance +11%). The managers estimate a relative stability of the number of employees (season balance +3%). As regards the prices of construction works it is estimated growth (season balance +38%). In the sector retail, the managers estimated for the next three months, a trend of growth of the economic activity (season balance +17%). The volume of orders for suppliers made by the commercial units will have a moderate growth (season balance +15%). The employers estimate for the next three months a moderate growth of the number of employees (season balance +13%). The managers of the commercial units estimate the growth of selling prices (season balance +32%). According to the estimates of August 2021, the demand for services (turnover) will have a moderate growth over the next three months (season balance +1- %). In the services sector it is estimated the relative stability of the number of employees (season balance +4%). According to the opinion of the managers, the selling or billing points of the services will have the trend to increase moderately (season balance +9%).
Graffiti Plus (GRF+), active in Romania's communication consulting market, has signed the contract for the National Recovery and Resilience Plan (PNRR) funding for its listing on the AeRO market of the Bucharest Stock Exchange (BVB). GRF+ is also preparing to launch the private financing round it is conducting as a first step toward its debut […]
The wooden church from the village of Oncești, one of the oldest monuments in the heritage of the Maramureș Village Museum “Mihai Dăncuș” in Sighetu Marmației, has been restored. The church has now returned to the tourist circuit through the support provided by the US Ambassadors Fund for Cultural Preservation, in a project coordinated by […]
The Bucharest Stock Exchange (BVB) announced the establishment of its Corporate Governance Committee on Thursday, December 4, to support the implementation of the revised 2025 BVB Corporate Governance Code. Romania’s capital market recently celebrated 30 years of activity and is undergoing significant corporate governance reform. The revised BVB Corporate...
Daniel Băluţă, the mayor of Bucharest's District 4, signed the order to start work on the extension of the M4 subway line on Thursday, December 4. The investment is valued at EUR 3.5 billion and the route will be 11 kilometers long, between Gara de Nord and Gara Progresul railway stations. The extension will have 14 […]
Ten entrepreneurs and executives have launched Food Angels Hub, a community of investors dedicated to the food sector. The aim of the hub is to “develop and scale functional and profitable companies in the food, hospitality and food-tech sectors” and “turn Romania into a reference point for food innovation in the CEE region.” The founders […]
Romanian developer IULIUS announced that it secured a syndicated loan facility amounting to over EUR 305 million for its Palas Iași mixed-use complex. The financing is provided by a consortium made up of Erste Group Bank Austria, BCR, Raiffeisen Bank Romania, and Raiffeisen Bank International Austria. The loan will support the remodelling of Palas Iași […]
