Romanian managers estimate, for the period April - June 2025, a moderate increase in economic activity in manufacturing, retail trade and services, as well as an increase in prices in all areas of the economy, according to data published on Monday by the National Institute of Statistics (INS).In the April 2025 conjoint analysis, managers in the manufacturing industry forecast a moderate increase in the volume of production for the next three months (balance of opinion +12%). As for the number of employees, relative stability is estimated, the balance of opinion being -5%. Industrial product prices are forecast to increase over the next three months (balance of opinion +23%).According to the April 2025 estimates, the construction activity will record an increase in the volume of production for the next three months (balance of opinion +26%). Managers estimate a moderate increase in the number of employees (balance of opinion +9%). As for the prices of construction works, they are expected to increase (balance of opinion +36%).In the retail trade sector, managers have estimated a moderate upward trend in economic activity for the next three months (balance of opinion +13%). The volume of orders placed by commercial units with suppliers of goods will increase (balance of opinion +20%). Employers forecast a moderate increase in the number of employees for the next three months (balance of opinion +8%). Managers of commercial companies estimate an increase in retail prices (balance of opinion +36%).According to the April 2025 estimates, the demand for services (turnover) will grow moderately over the next three months (balance of opinion +8%). Managers in the services sector expect the number of employees to remain relatively stable (balance of opinion +1%). According to the managers' opinion, the selling or invoicing prices of services will be on a rising trend (balance of opinion +18%).INS states that the balance of opinion indicates the perception of business managers on the dynamics of a phenomenon that should not be confused with the growth or decline rate of any statistical indicator produced by INS. The percentage of the balance of opinion is obtained as the difference between the percentage of managers who chose the positive variant of the phenomenon and the percentage of those who indicated the negative variant.
The Babeș-Bolyai University of Cluj-Napoca (UBB) has established an endowment fund, which the institution described as a "strategic" financial mechanism aimed at supporting academic excellence and ensuring the long-term sustainability of university projects. The initiative is a first of its kind in the local academia, UBB said. The endowment fund involves attracting donations/financial resources and […]
Romanian authorities are reportedly considering imposing an access fee for the Transfăgărășan mountain road. The funds would be used for setting up decent parking areas, selecting merchants, and similar initiatives. The beautiful, winding road is one of the most visited tourist attractions in the country. Local authorities say the funds from an eventual toll would […]
Colombian reggaeton superstar J Balvin will perform in Dubai for the first time this November, headlining Untold, the globally recognized festival born in Romania. The event will take place from November 6 to 9 at Dubai Parks and Resorts, featuring more than 100 international acts across five stages. The festival is staged in partnership with […]
More than 17% of Romania’s population faced severe material and social deprivation last year, which was one of the highest shares in the EU, according to the statistical bureau of the European Union - Eurostat. In 2024, 6.4% of people in the European Union faced severe material and social deprivation, a slight decrease compared to […]
The Freedom and Respect for Every Earthling association will hold the March for Animal Rights in Bucharest on October 4, to mark International Animal Day. The march will start at 11 AM at the National Theater Park, and will go on to Piața Victoriei. Organizers say they aim to bring to the forefront the suffering […]
Several Israeli citizens got into a fight on a plane flying from Israel to Bucharest on Monday, September 15. Upon landing, Romanian police issued several fines. The scandal reportedly broke out for religious reasons. The argument involved roughly 30 passengers of the flight from Tel Aviv to Bucharest. At one point, seven passengers started to […]
