- Relative stability of the activity and 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 2024 made by the National Institute of Statistics (INS), managers from the manufacturing industry forecast, for the next three months, a relative stability of the production volume (balance +4%). Regarding the number of employees, a relative stability is estimated, the balance being -3%. For the prices of industrial products, a moderate growth is forecasted for the next three months (balance +14%). Construction According to September 2024 estimations, there will be a relative stability in the production volume of the construction activity for the next three months (balance -2%). Managers forecast a relative stability in the number of employees (balance +1%). As to the prices of construction works, a growth is forecasted (balance +21%). Retail trade In the retail trade sector, managers estimated a growth in the economic activity for the next three months (balance +19%). The volume of orders placed by the trade units to the suppliers of goods will register a moderate growth (balance +14%). Employers forecast a moderate growth in the number of employees for the next three months (balance +7%). Managers of trade companies estimate a growth of the retail prices (balance +33%). Services According to September 2024 estimations, the demand for services (turnover) will register a relative stability for the next three months (balance +4%). 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 +11%).
Interim president Ilie Bolojan announced the upcoming meeting of the Supreme Council of National Defense (CSAT), scheduled for Friday, March 28, at the Cotroceni Palace in Bucharest. The agenda of the meeting includes discussions on several critical topics, notably the status and future of the ongoing conflict in Ukraine...
The EU joint acquisitions in the defense sector are an opportunity for the national defense industry, said Romania's interim president, Ilie Bolojan, at the end of the European Council meeting he attended on Thursday, March 20. The official said that discussions at the meeting were focused on accelerating measures for European defense preparedness so that […]
Romania’s Cătălina Ponor is one of the four gymnastics legends to be honored at the 28th annual International Gymnastics Hall of Fame (IGHOF) induction ceremony on May 17, according to an official announcement. The event will be held at the Petroleum Club in Oklahoma City. The 2025 IGHOF inductees are Beth Tweddle, Andreas Wecker, and […]
Value vouchers contributed over RON 32 billion to Romania’s Gross Domestic Product in 2023, which represents more than 2% of the national GDP. According to a study conducted by the Bucharest University of Economic Studies (ASE), value vouchers, including meal vouchers, holiday vouchers, gift vouchers, and cultural vouchers, have played an essential role in supporting […]
A new survey aiming to assess European citizens' views on transatlantic relations and security issues found that citizens in Romania and Poland are the most concerned about the possibility of an armed conflict in the coming years, but also share relatively positive views of Donald Trump and Elon Musk. Around 74% of Romanians, and 71% […]
The European Bank for Reconstruction and Development (EBRD) has committed EUR 15 million to Morphosis Capital Fund II, a private equity fund supporting small and medium-sized enterprises (SMEs) and lower mid-market companies in Romania and across Central and Eastern Europe (CEE). Managed by Morphosis Capital Partners, the fund aims to provide equity financing as an […]
