Romanian processing industry managers are expecting a moderate increase in production volume (short-term percentage balance + 6%) over the next three months, according to a February 2024 business survey published on Wednesday by the National Institute of Statistics (INS).As regards the number of employees, a relative stability is estimated in the processing industry, with the short-term percentage balance at -1%, and as far as industrial product prices are concerned, an increase is forecast (short-term percentage balance +18%).February 2024 estimates show that the construction activity will witness a moderate increase in production volume over the next three months (short-term percentage balance +9%).Managers are also estimating relative stability in the number of employees (short-term percentage balance -1%), and their construction prices are expected to increase (short-term percentage balance + 32%).In the retail trade, managers are estimating relative stability of economic activity (short-term percentage balance +5%). The volume of orders to suppliers of goods by businesses should witness moderate increase (short-term percentage balance +2%).The employers are forecasting for the next three months a moderate increase in the number of employees (short-term percentage balance + 15%) in the sector. In addition, managers of trading companies are estimating a sharp increase in retail prices (short-term percentage balance +40%).According to February 2024 estimates, the demand for services (turnover) should be relatively stable for the next three months (short-term percentage balance +4%). It is estimated a relative stability of the number of employees (short-term balance + 1%). According to managers' opinion, sales or billing prices of services will tend to moderate growth (short-term percentage balance + 14%).The short-term balance reflected by the survey indicates the perception of business managers on the dynamics of a phenomenon that should not be confused with the rate of increase or decrease of any statistical indicator produced by the INS.The short-term percentage balance is the difference between the percentage of managers who chose the positive version of the phenomenon and the percentage of those who indicated the negative version, as follows: up to ?5% relative stability; ?6% to ?15% moderate increase or moderate decrease, respectively; ?16% to ?40% increase or decrease, respectively; over ?40% sharp increase or decrease, respectively.
Writer Liliana Corobca, author of prose, essays, and plays, will represent Romania at the seventh edition of the European Literature Night, which will take place on Thursday, October 23, at the Ukrainian Institute of America in New York. According to a press release from ICR New York, the event, which brings together some of the […]
Almost one-third of global greenhouse gas emissions come from agri-food systems Auchan Romania brought together over 100 food producers and suppliers for the second edition of the Climate Supplier Event, a conference dedicated to accelerating decarbonization and strengthening resilience and competitiveness within the food supply chain in the face of climate change. Organized under the […]
One United Properties (BVB: ONE), the leading Romanian green developer of residential, mixed-use, and office properties, recorded total sales and pre-sales of EUR 137.7 million in the first nine months of 2025, corresponding to 42,634 sqm of residential and commercial spaces. These results reflect the sale and pre-sale of 467 apartments and commercial...
YOXO announces the launch of reconditionate.yoxo.ro, an online store dedicated to refurbished phones and gadgets, developed in partnership with Recommerce®, a European expert in the field. The new platform provides customers across Romania with access to certified, refurbished phones that meet European quality standards. YOXO thus combines accessibility, performance and environmental responsibility –...
Save the Children Romania inaugurated the Antibullying Resource Center on Wednesday, October 22, meant to be a hub of resources dedicated to children, teachers, and parents to understand, prevent, and respond appropriately to bullying situations and to improve the school climate. The need for the center is dire. Around 90% of teachers and school counselors […]
Award-winning director Radu Jude’s latest film, Dracula, will premiere in Romanian cinemas on October 31, distributed by Independența Film. Following its world premiere at the Locarno Film Festival and screenings at major international festivals including New York, Chicago, Vienna, Sitges, and Warsaw, the film arrives in Romania just in time for Halloween. Early screenings will […]
