- Growth of activity in construction and retail trade - Relative stability in the number of employees in manufacturing industry and services - Price growth in construction and retail trade, according to the data of the National Institute of Statistics (INS) published on Monday Manufacturing According to the business tendency survey of July 2024, managers from the manufacturing industry forecast a relative stability of the production volume (balance +3%). Regarding the number of employees, a relative stability is estimated, the balance being 1%. For the prices of industrial products, a moderate growth is forecasted for the next three months (balance +14%). Construction According to July 2024 estimations, there will be a growth in the production volume of the construction activity for the next three months (balance +17%). Managers forecast a moderate growth in the number of employees (balance +7%). As to the prices of construction works, a growth is forecasted (balance +25%). Retail trade In the retail trade sector, managers estimated a growth in the economic activity for the next three months (balance +20%). The volume of orders placed by the trade units to the suppliers of goods will register a moderate growth (balance +15%). Employers forecast a moderate growth in the number of employees for the next three months (balance +11%). Managers of trade companies estimate a growth of the retail prices (balance +28%). Services According to July 2024 estimations, the demand for services (turnover) will register a moderate growth for the next three months (balance +7%). A relative stability is estimated for the number of employees (balance +2%). According to the managers, the selling or invoice prices of services will register a moderate growth (balance +14%).
Participation in cultural education activities continues to be limited, with the main barriers being difficult access, insufficient knowledge, and cost, the recently released Cultural Consumption Barometer 2024 shows. The report showed that many Romanians still associate culture with entertainment rather than with personal development or furthering their knowledge. The need for relaxation dominates in cultural […]
Roughly 84% of Romanians say that the pace of the state’s digitalization is slow or very slow, according to an Edge Institute & AtlasIntel study presented at the Digital Governance Summit 2025, which took place on Tuesday, November 25, at the presidential palace in Bucharest. The survey aims to capture the way citizens relate to […]
Romania’s Superior Council of Magistracy (CSM) issued a negative opinion on the new bill regarding magistrates’ pensions. The move is only the latest development concerning a heated issue that led to tensions between the executive and the judiciary branch. CSM’s opinion is consultative, and the government led by Ilie Bolojan can still take responsibility for […]
Romania took the presidency of the Central European Initiative (or CEI) on Wednesday, November 26, according to a press release from the Ministry of Foreign Affairs (MAE). The organization is a regional intergovernmental forum established in 1989, following the fall of the Berlin Wall. It gathers 17 Member States in Central, Eastern, and South-Eastern Europe […]
Trade between Romania and Poland continues to grow, with annual bilateral exchanges in goods now valued at more than EUR 12 billion, according to figures presented by the Polish-Romanian Bilateral Chamber of Commerce and Industry (PRBCC). The data was released during a reception in Bucharest marking Poland’s Independence Day and Romania’s National Day. Polish investments […]
As Romania moves closer to implementing the EU Pay Transparency Directive, local employers are preparing for one of the most consequential shifts in workplace regulation in over a decade. The directive, set for transposition by June 2026, introduces strict new rules on salary disclosure, pay reporting, and equal-pay verification, aiming to close persistent gender gaps […]
