Romanian managers expect the activity in the manufacturing industry, retail trade and services to stay relatively stable between November 2023 - January 2024, anticipating also an increase in manufacturing, construction and retail prices, shows data released on Tuesday by the National Institute of Statistics (INS).According to the November 2023 short-term business survey, managers in the manufacturing industry expect a relative stability of the production volume over the next three months (short-term balance -1 percent). The number of employees is seen staying relatively constant, with a short-term balance at -4 percent, while industrial product prices are forecast to grow in the next three months (short-term balance +16 percent).The volume of construction works is expected to shrink in the next three months (short-term balance -21 percent), and the number of employees in the sector is projected to slide (short-term balance -7 percent). The prices of construction works are expected to increase (short-term balance +27 percent).In the retail trade sector, the managers bet on a relative stability of the economic activity in the next three months (short-term balance +4 percent). The volume of orders to the suppliers of goods is seen flatlining (short-term balance +4 percent). For the next three months, the respondents forecast a moderate increase in the number of employees (short-term balance +12 percent). Also, the managers of trading companies estimate that retail prices will go up (short-term balance +30 percent).According to November 2023 projections, the demand for services (turnover) will keep relatively stable in the next three months (short-term balance 0 percent), as will the number of employees (short-term balance -3 percent). According to the managers' opinion, the sales or invoicing prices for services will follow a moderate growth trend (short-term balance +10 percent).The INS specifies that the short-term balance reflects the perception of business managers of the dynamics of a phenomenon and should not be mixed up with the increase or decrease rate of any statistical indicator produced by the statistical authority. The short-term percentage balance represents the difference between the percentage of managers who chose the positive trend of the phenomenon and the percentage of those who indicated the negative trend.
On October 30, 2025, Envisia will host the 3rd edition of the Future of Boards Gala. The event brings together board members, executives, and governance ecosystem partners for an evening dedicated to recognizing responsible leadership, corporate governance, and high-performing boards. The six award categories celebrate individuals and boards who, through courageous decisions and integrity, create […]
The European real estate debt market is showing clear signs of recovery, supported by stabilized interest rates, competitive lending, and renewed investor confidence. According to AEW’s latest research, the credit financing gap across Europe is narrowing, with improved lending conditions helping to ease refinancing pressures that have weighed on the sector in recent years. Between […]
French retail chain Carrefour may want to sell its stores in Romania and exit the market, according to the French publication L’Informe. Moreover, it would also like to get rid of its operations in Poland and Argentina, according to the same source. So far, Carrefour has reportedly only analyzed a possible exit from the local […]
Romanians are not looking forward to Black Friday with more enthusiasm than last year, according to a recent survey. The main reasons are economic instability and the decline in purchasing power. Around 22% of Romanians say they will not buy anything on Black Friday 2025, and only 15% of Romanians plan to spend more compared […]
Cristina Ghițulică, a faculty member at the Faculty of Chemical Engineering and Biotechnologies (Politehnica Bucharest), was elected as the first woman president of the European Association for Quality Assurance in Higher Education, or ENQA. Ghițulică is the director general of the Romanian Agency for Quality Assurance in Higher Education. She was elected to head ENQA […]
The Bucharest National Opera and the Kinetobebe Association announced “The Dance of Velvet Steps,” a premiere performance for the audience with special needs, on Sunday, November 16. The show consists of a ballet performance adapted and made accessible for children and adults with disabilities. The performance is primarily addressed to children and adults with special […]
