Moderate growth of activity in manufacturing industry and retail trade Relative stability in the number of employees in manufacturing, construction and services Price growth in construction and retail trade Manufacturing According to the business tendency survey of September 2023, managers from the manufacturing industry forecast a moderate increase of the production volume for the next three months (balance +6%). 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 +15%). Construction According to September 2023 estimations, there will be a relative stability in the production volume of the construction activity for the next three months (balance -3%). Managers forecast a relative stability in the number of employees (balance -2%). As to the prices of construction works, a growth is forecasted (balance +27%). Retail trade In the retail trade sector, managers estimated a moderate growth in the economic activity for the next three months (balance +13%). The volume of orders placed by the trade units to the suppliers of goods will register a growth (balance +16%). 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 +36%). Services According to September 2023 estimations, the demand for services (turnover) will register a relative stability for the next three months (balance +3%). A relative stability is estimated for the number of employees (balance -1%). According to the managers, the selling or invoice prices of services will register a moderate growth (balance +8%).
The health sector, public administration, and the energy industry are the most targeted by cyber threats in Romania, according to the National Cyber Security Directorate (DNSC) in its 2024 activity report. The health sector faces significant threats due to the large volume of sensitive data and underfunded critical infrastructure. Public administration is often the target […]
The funeral service of Romanian former president Ion Iliescu was performed on Thursday, August 7, an official mourning day in Bucharest. Among those present were family, friends, former allies, and political opponents. Those absent, namely the former president Klaus Iohannis and current president Nicusor Dan, were also notable. Ion Iliescu, Romania’s first president after the […]
The multisensory photography exhibition World Unseen has opened to the public in Brașov, central Romania, as part of its national tour. Hosted at Olimpia – The Museum of Sport and Mountain Tourism, the exhibition is open until September 14 and aims to make photography accessible to people of all abilities, including those with visual impairments […]
Romanian foreign minister Oana Țoiu began an official visit to Ukraine on Thursday, August 7, marking the first bilateral trip by a Romanian foreign minister to Kyiv since the Russian invasion in 2022. The visit signals Romania's strong and ongoing solidarity with Ukraine, the ministry said. Minister Țoiu is scheduled to hold high-level talks with […]
M Core continues to expand its Romanian portfolio with a new retail development in Bucharest. This time, the project is targeting one of the city’s most dynamic residential areas — Prelungirea Ghencea. The project, developed on a plot of approximately 51,400 sqm, will be located on Prelungirea Ghencea Street, no. 344–348, and is currently in […]
The FeminEast Association has launched the first free digital platform dedicated exclusively to financial education for women and young girls in Romania and Eastern Europe. Designed to address persistent gaps in financial literacy, the platform offers accessible, practical content tailored to the needs of schoolgirls, students, mothers, and women seeking financial independence or career changes. […]
