Romanian managers are estimating for the next three months a sharp increase in prices in the processing industry, construction and retail, according to the data published by the National Institute of Statistics (INS) on Tuesday.During the economic conjuncture analysis of June 2022, managers from the processing industry project a moderate increase in production volume for the next three months (+9% conjunctural balance). Beverage manufacturing will register the largest increase (+32% conjunctural balance). Regarding the number of employees, a relative stability is estimated, the conjunctural balance being +4% per the entire processing industry. For industrial products there is a sharp increase expected in the next three months (+40%).According to the estimates of July 2022, the construction industry will register an increase in production volume for the next three months (+19% cyclical variation). Managers estimate a moderate increase in number of employees (+6%). Managers also expect a sharp increase in the price of construction works (+57%).In the retail sector managers have estimated an upward trend of economic activity the next three months (+19%). The volume of orders for cargo suppliers by commercial units will also register an increase (+20%). Employers project an increase in employees in the next three months (+20% conjunctural balance). Managers of commercial companies also estimate an increase in retail prices (+68% conjunctural balance).According to the estimates of June 2022, demand for services (turnover) will see a moderate increase in the following three months (+8%). A relative stability is estimated for the number of employees (+4%). According to the managers' opinion, sale prices or billing of services will have an upward trend (+32%).The institution also mentions that the cyclical variation indicates the managers' perception on the dynamics of a phenomena which must not be confused with the growth or decline rate of any statistic indicator produced by INS. The percentage conjunctural balance is obtained as a difference between the managers' percentage who chose the positive variant of the phenomenon and the percentage that indicated the negative variant.
Via Dobrogeana, a planned trail covering the southeastern part of the country, aims to offer travelers the opportunity to explore the region's cultural and ethnic diversity. The trail will be about 850 km long, stretching from the 17th-century Sfânta Precista Monastery in Galați to Ialomița County. Via Dobrogeana will be a mixed route. In addition […]
Police and prosecutors carried out 25 searches in Romania and Italy on Tuesday, November 18, aiming to dismantle a group made up of four families, who allegedly sexually exploited, mainly in Italy, more than 30 victims. After the searches, 19 people were detained, and two others were placed under judicial control for forming an organized […]
Deep Purple, one of the most important rock bands in the world, is set to return to Romania for a concert on October 1, 2026, at the BT Arena in Cluj-Napoca. A giant in global rock, Deep Purple is one of the most appreciated bands in the world. The group boasts five decades of chart-topping […]
Profluo, a startup that automates a company's financial processes using AI, has attracted investment from corporate venture capital fund BCR Seed Starter, Inspire Capital, and other investors in a EUR 850,000 funding round. BCR Seed Starter, which led the round, invested EUR 500,000 in Profluo. The funding will support the company's plans to scale its […]
The Romanian film “Catane,” signed by Ioana Mischie, will have its world premiere at the International Film Festival of India, held annually in Goa. This year's edition is scheduled between November 20 and 28. The Romanian-Italian comedy stars Costel Caşcaval, Iulia Lumânăre, and Cristian Bota. The first screening of the film is scheduled for November 24. […]
CTP, a leading developer, owner, and manager of industrial and logistics properties, said that it delivered a new 65,000 sqm e-commerce fulfilment centre for LPP Logistics in CTPark Bucharest West. Construction of the building in the Bolintin-Deal area began in March 2025 and was completed in about half a year. According to CTP, “it stands […]
