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%).
“Garden of Memories,” a civic initiative meant to commemorate the 1989 Revolution that led to the fall of communism in Romania, is set to take place between December 19-20 around the Memorial of Rebirth, in Bucharest’s Revolution Square. Organized by the Streets for People Association, together with the Bucharest City Hall and the Museum of […]
Runware, a startup founded by two Romanian entrepreneurs, announced last week that it has secured a USD 50 million Series A funding round led by Dawn Capital, one of the largest European investors in B2B software companies. The round also included Comcast Ventures, Speedinvest, Insight Partners, and a16z Speedrun. The company founded by Flaviu Rădulescu and […]
The body of Romanian former justice minister Rodica Stănoiu was exhumed on Monday, December 15, after prosecutors opened an in rem case regarding her suspicious death, Digi24 reported. Investigators are looking into the possibility that the former minister may have been killed through negligence. ...
Authorities in Romania have begun imposing fines for owners of bicycles and electric scooters who do not take out mandatory motor third-party liability insurance (RCA). The new rules have been applicable since November 13, but the Romanian Parliament granted a 30-day grace period until the application of sanctions, according to...
Art Safari will relocate to Amzei Square in central Bucharest in 2026, where it will operate under a new format titled Art Safari New Museum, following more than a decade of pop-up exhibitions hosted in historic buildings across the capital. After 12 years, 17 editions, and more than 1 million visitors, the exhibition platform will […]
In Romania, Christmas is more than holiday markets, decorated trees, and wrapped gifts. It's a season filled with old customs, lively rituals, and dishes that bring families together. One of the most popular Christmas traditions is caroling. Although traditions vary depending on the area, the ritual of going from house to house and singing carols […]
