Romanian managers are estimating for the next three months a price increase in the processing industry, retail and services, according to the results of a survey published on Friday by the National Institute of Statistics (INS).In the said survey of January 2022, managers in the processing industry project for the following three months a relative stability of production volume (conjectural balance of 1%). For the manufacturing activity of coking products and products obtained by crude oil processing the highest increase will be registered (62% conjectural balance).Regarding the number of employees, a relative stability is estimated, the conjectural balance being +4% for the total of the processing industry. For the industrial prices, there is a forecast of increase in the following three months (39% conjectural balance).According to the estimates of January 2022, the construction activity will register a moderate drop in production volume in the next three months (-6% conjectural balance). Managers are estimating a moderate drop in the number of employees (conjectural balance of -7%). Regarding prices in construction works, an accentuated growth is projected (conjectural balance of +49%).In the retail sector managers estimate a moderate drop of economic activity in the next three months (conjectural balance of -12%). Volume of orders for the suppliers of goods towards commercial units will register a moderate drop (-7% conjectural balance). Employers forecast a moderate increase of number of employees for the next three months (+12% conjectural balance).Business managers estimate an increase in retail prices (+39% conjectural balance).According to the estimates of January 2022, the demand for services (turnover) will know a relative stability in the next three months (+2% conjectural balance). The services sector also estimates relative stability in number of employees (-2% conjectural balance). According to the opinion of managers, sale prices or service billing will have an upwards trend (+23% conjectural balance).
If you’re searching for a hidden gem in Europe, Romania is calling your name. Tucked between the Carpathian Mountains and the Black Sea, this country is an untouched marvel, combining natural beauty, rich history, and endless opportunities for entrepreneurs and retirees alike. Romania offers a unique blend of modern life and ancient charm, making it […]
Let’s talk about the lack of connection with our body and how this is closely tied to burnout, plus, what to do about it. So often throughout the day, we live almost entirely in our minds. We’re focused either on what we have to do at the moment—tasks that increasingly demand mental effort over physical […]
Six men and one woman from Romania have been accused of recruiting dozens of children and adults from foster care centers, whom they then transported to Hungary, where they turned them into slaves, forcing them to work under inhumane conditions. The accused are from the localities of Ozun and Chilieni, Covasna County, Romania, and allegedly […]
The Museum of Collectivization, the first in Romania dedicated to the forced collectivization period of the communist era, is set to open a new wing, Corp B, funded through the EU-backed National Recovery and Resilience Plan (PNRR) and co-financed by the National Cultural Fund Administration (AFCN). With the new building, the museum located in Tămășeni, […]
Romania’s “Madrigal – Marin Constantin” National Chamber Choir, conducted by Anna Ungureanu, will be in Luxembourg and Belgium, as part of the “Bridges Across Europe/Punți peste Europa” European tour, where it will perform five extraordinary concerts. The performances will take place between November 20 and 25, with the help of the Ministry of Culture, the Romanian Embassy […]
The European Development Bank approved a EUR 140 million loan for Romania’s “Cultural Foundations” project, aimed at preserving historical monuments and constructing cultural buildings in the country. The project targets 14 investment objectives of national and European relevance, administered by public institutions under the Ministry of Culture, including the Romanian Athenaeum, the Romanian National Operas […]
