- 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%).
The City Hall of Brașov, a popular mountain resort in central Romania, announced that the narrow Strada Sforii (Rope Street), one of the city's best-known tourist attractions, will be temporarily closed. The authorities cited urgent public safety concerns after experts warned that crumbling plaster from nearby buildings poses a risk to visitors. Mayor George Scripcaru […]
The incoming US ambassador to Romania, Darryl Nirenberg, appeared before the Foreign Affairs Committee in the US Congress on Thursday, November 19, as part of the process of confirming his nomination. During his statements, Nirenberg said that “America’s relationship with Romania has grown into a stable and strategic alliance with cooperation across a range of […]
Train ticket prices will rise by nearly 10% starting December 14, when the new 2025–2026 railway timetable comes into effect in Romania, officials confirmed on Wednesday, as reported by Agerpres. The increase of 9.88% reflects the annual inflation index published by the National Institute of Statistics (INS), in line with...
The Romanian IT sector recorded the largest salary increases in 2025, of approximately 11% compared to last year, although the beginning of the year came with the elimination of the tax facilities, according to Salario data, the comparison tool used by recruitment website eJobs. As such, IT remains the sector that pays best at the […]
Deputy prime minister Oana Gheorghiu will lead a working group tasked with reforming Romania's loss-making state-owned companies, prime minister Ilie Bolojan said in an interview with ProTV, as reported by G4media.ro. Her predecessor, Dragos Anastasiu,
Romanian prime minister Ilie Bolojan, on November 19, in an interview given to ProTV and quoted by Hotnews.ro, explained that the pension-wage cumulation ban will apply only to the so-called special pensions, namely those not based on past contributions, as opposed to all pensions as implied by Social Democrat (PSD) labour...
