Romanian managers estimate, for the period October-December 2023, a relative stability of activity in manufacturing and services, a moderate decrease in the number of employees in construction, as well as an increase in prices in construction and retail trade, according to data the National Institute of Statistics (INS) released on Friday.In the October 2023 business survey, managers in the manufacturing industry forecast for the next three months a relative stability in the volume of production (conjunctural balance +4%). Regarding the number of employees, relative stability is estimated, with a conjunctural balance of -2%. Prices of industrial products are expected to increase in the next three months (conjunctural balance +16%).According to the estimates of October 2023, the construction activity will record a moderate decrease in the volume of production for the next three months (conjunctural balance -11%). Managers estimate a moderate decrease in the number of employees (conjunctural balance -6%), while the prices of construction works are expected to increase (conjunctural balance +31%).In the retail sector, managers forecast a moderate growth trend in economic activity over the next three months (conjunctural balance +13%). The volume of orders placed with suppliers of goods by business units will increase moderately (conjunctural balance +13%). Employers forecast for the next three months an increase in the number of employees (conjunctural balance +18%). Managers of trading companies estimate an increase in retail prices (conjunctural balance +31%).According to the October 2023 estimates, the demand for services (turnover) will be relatively stable over the next three months (conjunctural balance +1%). The number of employees is also expected to be relatively stable (conjunctural balance -1%).According to managers' opinion, the selling or invoicing prices of services will tend to increase moderately (conjunctural balance +12%).
In the context in which agri-food systems are responsible for almost one third of global greenhouse gas emissions, Auchan Romania assumes an active role in the transition of its supply chain toward a more sustainable model. At the second edition of the Climate Supplier Event, organized under the aegis of the Climate Change Summit, the […]
Janiva Magness, the winner of seven Blues Music Awards following 26 nominations, and nominated for a Grammy for a career spanning 17 albums, is set to perform at the 14th edition of the Brașov Jazz & Blues Festival, which will take place between August 14–16, 2026. Magness is one of the most valuable and influential […]
Auction house Artmark announced a major auction for this winter featuring an engraving created by Francisco Goya, the most important Spanish artist of the late 18th and early 19th centuries. Romania's late communist leader Nicolae Ceaușescu received this gift from King Juan Carlos I as a gesture of diplomacy. The engraving entitled “The Engagement – Capricho […]
Authorities managing Romania's Bicaz Gorges–Hășmaș National Park has built a fish ladder system on the Bicaz River, which will allow protected species to migrate and reproduce. There are several bridges and small bridge structures in the Bicaz River that have a “bottom sill,” meaning small waterfalls. Fish that do not jump like the trout cannot […]
The far-right opposition parties in the Romanian Parliament are set to file a motion of no confidence against the government headed by prime minister Ilie Bolojan. The motion, authored by senator Ninel Peia of the Peace – Romania First group, is specifically aimed at the reformist party Save Romania Union (USR), and is entitled “Romania […]
Romania's iconic rock singer Adrian Pleșca, known as “Artan,” died on Tuesday, December 2, after a fatal stroke, at the age of 64. The artist founded the well-known band “Timpuri Noi” in 1982 and “Partizan” in 2001, and was popular on the Romanian rock scene. Over the years, he left and returned to the two bands. Several […]
