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%).
President Klaus Iohannis is to hold consultations with the parliamentary parties on nominating a candidate for the prime minister job on Sunday, December 22, the Presidential Administration announced. The president, whose mandate has been extended after the
Step into 2025 with music, excitement, and unforgettable performances! New Year’s Eve at JW Marriott Bucharest Grand Hotel is not just a celebration – it’s a grand spectacle where world-class entertainment, live music, and vibrant energy come together for a night to remember. This year, we’ve curated a sensational lineup of artists and performers to […]
The Bucharest Police recently announced that the city will host several commemorative ceremonies marking 35 years since the Romanian Revolution of December 1989, causing traffic restrictions around the city. The restrictions will be in place from Friday to Sunday, December 20-22, 2024. On Friday, December 20, at around 10:00 AM, a religious/military ceremony with wreath-laying […]
Alex Florența, the General Prosecutor of Romania, said on Friday, December 20, that harsher punishments are needed to combat incitement to violence and Legionnaire propaganda (related to Mișcarea Legionară, a Romanian interwar fascist movement) in public spaces effectively. To that end, the office of the General Prosecutor will propose new measures to combat such phenomena. However, […]
Dennis Lloyd, Inna, Damian & Brothers, and Killa Fonic are among the artists who will perform at Flight Festival 2025. The festival is scheduled to take place between June 20 and June 22 at Timișoara’s Banat Village Museum. For three days, the venue “will open its doors for an experience that combines music, nature, and […]
Around 67% of Romanians believe that the economic situation will worsen, 7% higher than the previous year, according to the EY Consumer Index Romania 2024. Findings suggest a challenging start of 2025 both economically and politically in Romania. Additionally, in 2024, more than half of respondents (59%) were extremely concerned about conflicts and external wars. […]
