Seven former United States ambassadors to Romania signed a joint letter one week before the second round of the presidential elections on May 18, warning of the dangers posed by a pro-Putin president, G4media.ro...
Relative stability of activity in manufacturing industry, retail trade and services Moderate decrease in the number of employees in construction Sharp price growth in retail trade Manufacturing According to the business tendency survey of January 2024, managers from the manufacturing industry forecast a relative stability of the production volume for the next three months (balance 0%). Regarding the number of employees, a relative stability is estimated, the balance being -1%, the short-term survey carried out by the National Institute of Statistics (INS) shows. For the prices of industrial products, a growth is forecasted for the next three months (balance +21%). Construction According to January 2024 estimations, there will be a moderate decrease in the production volume of the construction activity for the next three months (balance -12%). Managers forecast a moderate decrease in the number of employees (balance -9%). As to the prices of construction works, a growth is forecasted (balance +32%). Retail trade In the retail trade sector, managers estimated a relative stability in the economic activity for the next three months (balance +1%). The volume of orders placed by the trade units to the suppliers of goods will register a relative stability (balance +3%). Employers forecast a moderate growth in the number of employees for the next three months (balance +10%). Managers of trade companies estimate a sharp growth of the retail prices (balance +45%). Services According to January 2024 estimations, the demand for services (turnover) will register a relative stability for the next three months (balance -2%). A relative stability is estimated for the number of employees (balance -4%). According to the managers, the selling or invoice prices of services will register a growth (balance +17%).
Seven former United States ambassadors to Romania signed a joint letter one week before the second round of the presidential elections on May 18, warning of the dangers posed by a pro-Putin president, G4media.ro...
Romania won eight medals, namely two gold, two silver, and four bronze, at the Under-21 European Table Tennis Championships in Bratislava, Slovakia. Eduard Ionescu and Darius Movileanu won gold in the men's doubles, after defeating the pair Andre Bertelsmeier (Germany) / Tiago Abiodun (Portugal) in the final with a score of 3-1. The win came […]
Bog’Art Residential, part of the Bog’Art Group, a developer of premium residential properties in Central and Northern Bucharest, acquired a plot of land in an ultra-central area of Bucharest and formed a strategic joint venture with a Spanish investor for the development of a boutique residential complex valued at about EUR 20 million. The project […]
One United Properties (BVB: ONE), Romania’s leading green developer of residential, mixed-use, and office real estate, recorded a turnover of EUR 70.7 mln in Q1 2025 and a gross profit of EUR 22.6 mln, while the net profit for the three months stood at EUR 19.3 mln. “The first quarter of 2025 unfolded in a […]
The Romanian team participating in the 2025 Asian Physics Olympiad, held in Saudi Arabia, achieved the remarkable performance of winning seven medals, namely two gold, two silver, and three bronze medals, as well as an honorable mention. The competition, now in its 25th edition, was held in Dhahran, in the Kingdom of Saudi Arabia, with […]
Interim president Ilie Bolojan said on Monday, May 12, that he would vote for independent candidate Nicușor Dan in the second round of Romania’s presidential election. Dan, the current mayor of Bucharest, runs against George Simion, the leader of the far-right party AUR, in the election scheduled for May 18. In an interview with