Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. TRENDS IN THE EVOLUTION OF THE ECONOMIC ACTIVITY...

TRENDS IN THE EVOLUTION OF THE ECONOMIC ACTIVITY IN THE PERIOD JULY – SEPTEMBER 2024

August 28, 2024

- 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%).  

Read in full - click here
Talent Connect Inc. Receives U.S. Department of State Designation to Sponsor J-1 Visa Intern and Trainee Exchange Programs

Talent Connect Inc. is proud to announce that it has been officially designated by the U.S. Department of State as a sponsor for the J-1 Visa Intern and Trainee Programs. This prestigious designation empowers Talent Connect Inc. to facilitate structured and guided training programs in the United States for eligible international university students, recent graduates, […]

Romanian president Nicușor Dan present at first European Council since taking office

Romanian president Nicușor Dan is present Thursday and Friday, June 26-27, in Brussels, at the first European Council since he took office as president.  EU leaders at the event are set to discuss a range of topics, such as the situation of the war in Ukraine, the crisis in the Middle East, security and defense […]

Romanian audiovisual watchdog bars celebrities from gambling ads

Celebrities will no longer be allowed to appear in gambling advertisements on TV, radio, and online, following a decision voted on Wednesday, June 26, in a public session of Romania’s audiovisual watchdog, the National Audiovisual Council (CNA).  This provision is part of a series of amendments made to the Audiovisual Regulatory Code, the secondary legislation […]

Romanian hydropower group Hidroelectrica awards EUR 9.5 mln tender for floating photovoltaic system

Hidroelectrica, the largest energy provider in Romania, announced on Thursday, June 26, that it had awarded the tender for a floating photovoltaic panel system within the “Nufărul Pilot Project.” The public procurement was initiated through an open tender, with an estimated value of RON 47.2 million (EUR 9.5 million) excluding VAT. Two economic operators submitted […]

Bucharest to restart double-decker tourist bus service

Bucharest is set to bring back its tourist bus service, following a decision by the city’s General Council on Wednesday, June 25, to establish a dedicated public transport line called “Bucharest City Tour,” Agerpres...

Romania made limited progress against money laundering, Council of Europe experts say

Romania has made limited progress in enhancing its framework against money laundering, terrorist financing, and proliferation financing, according to a recent report from the Council of Europe’s committee of experts on the evaluation of anti-money laundering measures and the financing of terrorism, or Moneyval. The committee noted that the country has taken several steps to […]