Andreea Marinescu

Official statistics: Jan - May new manufacturing orders up 27 pct YoY

New orders for Romania's manufacturing industry over January 1 - May 31, 2021 were 27 percent up in nominal terms from the same period in 2020 on the back of growth in the durables industry (+37.5 percent), the intermediate goods industry (+32.7 percent) and the capital goods industry (+27.0 percent), the National Institute of Statistics (INS) informs.

Nasui: Economy Ministry to be reformed: reducing 39 pct of management positions and 30 pct of execution positions

Leadership positions in the Economy Ministry will be reduced by 39 pct, and execution ones by 30 pct, announced on Wednesday Economy Minister Claudiu Nasui, who mentioned that this will be one of the most important job-cutting efforts in state institutions in the past ten years. "The current Economy Ministry is the result of several divisions and merging of ministries.

Study: 62 pct of Romanians dream to move to countryside, in coming years; essential condition - good Internet connection

Nearly two thirds of Romanians (62 pct) living in the urban environment could move to the countryside, in the next one or two years, but the number one condition to make this step is a good internet connection, show the results of the Vodafone Institute's Digitising Europe Pulse survey published on Wednesday.

INS: 52.2 pct increase in number of construction authorizations for residential buildings, in May

The number of construction authorizations issued for residential buildings increased by 52.2 pct in May, compared to the same month of 2020, but decreased by 0.4 pct over the previous month, shows the data published on Wednesday by the National Institute for Statistics (INS).

International Danube Day: Romania runs #DanubeFloodplain project in view of reducing flooding risk

A project dedicated to the river Danube evaluates three types of scenarios to identify in view of restoration naturally floodable areas of the river and its main tributaries, the Romanian Waters National Adminisration (ANAR) informs, on the occasion of the International Danube Day, marked each year, on June 29.

Managers' short-term forecast: Activity rise expected in construction, retail, services over June - August

Activity in the construction, retail and services sectors is seen increasing in the next three months, while the headcount in the respective fields will rise moderately, shows data released on Monday by the National Institute of Statistics (INS).

CFA Romania analysts anticipate budget deficit of 6.4 pct of GDP in 2021

Financial analysts anticipate this year's budget deficit will be 6.4 percent of GDP and the inflation rate over a 12-month time horizon, respectively June 2022 - June 2021, to be 3.75 percent, Romania's chartered financial analysts association CFA Romania said in a release. At the same time, none of the survey participants predicts a decrease in the inflation rate in the next 12 months.