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.
Romania’s former presidential candidate Călin Georgescu, indicted for complicity in an attempted coup and spreading false information, compared his case to that of US president Donald Trump, calling the indictment “a speech” and “a carbon copy” of Trump’s 2016 legal troubles,
ASSIST Software, one of Romania's most innovative technology companies, plays a central role in transforming European education through EdTech programs such as IDEATE – the Inclusive Digital Education and Teacher Empowerment Academy. The IDEATE project, funded by the Erasmus+ Teacher Academies program, officially launched this year in Suceava and unites leading universities, teacher training centers, […]
LONGi Solar Technology, a global leader in solar photovoltaic (PV) products and solutions, today proudly announced a significant strategic partnership with Enexus, a dynamic and investor focused EPC company specializing in the rapid execution of mid to large-scale PV projects. This landmark collaboration will see LONGi supply 300 MW of its high-efficiency Hi-MO 7 series […]
Sekura Cabins Group, a leading European producer of modular cabin solutions for the off-highway OEM industry, has inaugurated a new EUR 1.8 million manufacturing facility in Brașov, central Romania. This is the company’s first site outside Denmark, part of its strategy to boost capacity and strengthen the European supply chain. The factory, located in VGP […]
Nine major engineering consortia have submitted bids to design and provide technical assistance for the new terminal at Bucharest’s Henri Coandă International Airport, in what officials describe as “the largest and most complex” airport infrastructure project in Romania. Among the companies and consortia competing for the contract are Dar Al-Handasah, Electroproiect, Consis Proiect, Eurocerad International, […]
One of Romania’s largest travel agencies, Christian Tour, is set to be listed on the Bucharest Stock Exchange (BVB) in the first quarter of 2026. It will be the first tour operator in Romania that is publicly traded. The company has been preparing to go public for the last five years by adhering to international […]
