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%).
June is the richest month. The most awaited two weeks in my annual festival pilgrimage. The route starts with Romania’s Transilvania International Film Festival (TIFF), followed by Italy’s (and the world’s) most comprehensive festival for restored and archival film: Il Cinema Ritrovato. To shake up the traditional article on the two, I’ll start with the […]
Different Beauty, a recently opened exhibition of works by Czech photographer David Těšínský, offers a glimpse into everyday life in the war-torn region of Donbas in 2017. The photos were taken within the span of only a few days, as Těšínský traveled to eastern Ukraine to document the lives of women impacted by war. In […]
Different Beauty, a recently opened exhibition of works by Czech photographer David Těšínský, offers a glimpse into everyday life in the war-torn region of Donbas in 2017. The photos were taken within the span of only a few days, as Těšínský traveled to eastern Ukraine to document the lives of women impacted by war. In […]
Roughly 70% of Romanians are “very” or “moderately” concerned about how AI accesses and uses their data, according to the latest survey conducted by RoCoach in partnership with Novel Research between May and June 2025. Distrust in automated decision-making and the demand for regulation are becoming more pronounced, as Romania rolls out major digitalization projects […]
The Armenian Street Festival returns for a 9th edition between August 1 and 3, 2025, in the “Dimitrie Brândză” Botanical Garden in Bucharest. The festival brings into focus the living heritage of the Armenian community in Romania and the diaspora. According to the organizers, this year’s edition aims to strengthen the Bucharest–Chișinău–Yerevan cultural axis, articulated […]
The Romanian mergers and acquisitions market registered a total of 122 announced transactions in the first half of 2025, with a value exceeding EUR 2.7 billion, marking a slight increase of 6% in volume and 4% in value compared to the same period last year, according to an analysis by George Ureche, partner at PwC Romania. […]
