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).
British heavy metal band Iron Maiden will perform at Bucharest’s National Arena on May 28, 2026, as part of their “Run For Your Lives” anniversary world tour, promoter Emagic announced on Thursday, September 18. The concert will feature a career-spanning setlist highlighting defining moments from the group’s five-decade history, accompanied by what organizers described as […]
Daniela Schoppmeyer, the majority shareholder and general manager of Faberrom, a company that took over in the 1990s most of the spaces of the former APACA clothing factory in western Bucharest, is the new owner of half of the emblematic Scala residential block, on Magheru Boulevard, Profit.ro reported. Schoppmeyer...
The Bucharest Municipal Parking Company (CMPB) inaugurated 189 new parking facilities with more than 12,400 spaces in the first half of 2025, while revenues from parking fees rose 20% year-on-year to RON 50.4 million (roughly EUR 10 million), the company said on Thursday, September 18. CMPB reported a net profit of RON 28.3 million for January–June […]
Romania has inaugurated underwater seagrass meadows and artificial reefs in the Black Sea as part of a major restoration project aimed at curbing erosion and reviving marine biodiversity, the National Administration “Apele Române” said. More than 20 hectares of seabed have already been planted with Zostera noltii seagrass and transplanted with Cystoseira barbata seaweed, creating […]
A former pastor from California has been accused of sexual abuse and child trafficking at a shelter he ran in Bucharest, according to lawsuits filed by two Romanian men in the California District Court, AP reported. The complaints, filed by 33-year-old Marian Barbu and 40-year-old Mihai-Constantin Petcu, reportedly say that former pastor and missionary of […]
Four cities, namely Bistrița, Deva, Oradea, and Tulcea, have submitted bids to become Romania’s Youth Capital in 2027, organizers announced after the first round of applications closed on September 15. The competition, inspired by the European Youth Capital program, highlights cities’ commitment to investing in young people and involving them in community life. “The fact […]
