Romania Business Sentiment Positive in Most Sectors in June

Photo by Vlad Ispas / Shutterstock.com

Company managers active in Romania's construction, retail, and services sectors expect their business to grow in the next three months, while a relative stability is forecast in manufacturing, a monthly survey from the Bucharest-based Institute of Statistics (INS) on Friday shows.

Managers of construction companies foresee an acceleration of their economic activity in the next three months.

The construction sector anticipates moderate growth in the number of employees. The manufacturing industry expects relative stability of its production volumes. Regarding the number of employees, stability is also expected, while prices of industrial products are expected to grow moderately.

Retail companies expect growth of their economic activity over the next three months. Employers forecast growth in the number of employees, while managers expect that retail prices will rise strongly.

Demand for services is expected to register moderate growth and relative stability in the number of employees. According to the interviewed managers in the sector, prices in the services sector will moderately grow.

A total of 9,142 managers of Romania-based companies operating in construction, manufacturing, retail, and services were interviewed in the survey.

Deals

Hungary to Acquire Controlling Stake in GySEV

Construction

Hungary’s Construction Activity Falls in July

Government

Hungarian Economy on ‘Cusp of Recovery’, Orbán Says

Politics

Magyar Opposes Allowing Illegal Migrants Into EU

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For over 30 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.