The jobless rate recorded at national level was at the end of February 3.06%, 0.06% higher than in the same month of 2023, According to the National Agency for Labor Force occupation. The total number of unemployed at the end of February 2024 was 246,701 people, of whom 56,704 were paid jobless people and 189,997 were unpaid. The number of paid jobles was 940, and the number of jobless not paif grew by 7,8926 persons against the previus month. At the end of February there were 70,270 unemployed from the urban area and 176,431 from the rural area. There were 116,346 unemployed women and 130,355 men. Most jobless people were between 40 and 49 years old (62,760), followed by 55 year-olds (53,778) at the opposite pole being people between 25 and 29 years old (14,980). The structure of unemployment according to the instruction level, people without studies and those with primary instruction had an important share among unemployed people (29.71%). Unemployed people with high school education represented 34% of jobless people recorded, while 4.77% had higher education.
Céline Gauer, the director general of the Recovery and Resilience Task Force (or RECOVER) at the European Commission, arrived in Romania on Tuesday, July 15, to meet with officials regarding the implementation of the National Recovery and Resilience Plan, or PNRR. As the coordinator of the PNRR, which offers funding in the form of advantageous […]
Aluminium producer ALRO, a subsidiary of Vimetco PLC from Cyprus, celebrated 28 years on the Romanian stock exchange (BVB) and 60 years of uninterrupted industrial activity. Its market capitalization has increased nearly 21 times since its listing and now exceeds RON 1 billion. The company’s history began with the first batch of Romanian aluminium, on June […]
Something is quietly shifting in Romania. In places where paperwork, patchy Wi-Fi, and long queues once ruled, change is starting to show. Towns are more connected, cities are getting smarter, and essential services are beginning to live online, not in line. A tidal wave of digitisation is common to other areas of the globe, that’s […]
Several segments in Romania's A7 and A8 highway projects have lost funding from the National Recovery and Resilience Plan (PNRR) due to project delays, the minister of investments and European projects, Dragoș Pîslaru, announced on Tuesday, July 15, as reported by Biziday.ro. He did not specify which segments of these highways were affected. The statement […]
Real estate developer Redport and businessman Dan Șucu officially inaugurated the showroom for their latest residential project, Vitality Est, and announced the start of construction work on the site near Pantelimon Park and Lake in eastern Bucharest. The project, estimated at EUR 50 million, will include 500 apartments and 400 square meters of commercial space. […]
According to an analysis from real estate consultant Colliers based on National Bank of Romania data, Romanians spent more than EUR 3 billion on international travel in the first four months of 2025, 15% more than in the same period of 2024. If the current pace continues, Romanians’ spending on foreign holidays and business travel […]
