The employment rate of the working-age population (15-64 years old) stood at 63.3% in the second quarter of the current year, and the number of active people was almost 8.23 million, of which about 490,000 were classified as unemployed, according to data published on Monday by the National Institute of Statistics (INS).According to the cited source, during the analyzed period, the employment rate of the population included in the 15-64 age group increased by 0.6 percentage points, compared to the first quarter.At the same time, the employment rate was higher for men (71.6%, compared to 54.8% for women) and for people from urban areas (69.3% compared to 57.1% in rural areas).Overall, between April and June, Romania's active population was 8.222 million people, of which 7.733 million people were employed and 489,800 people were unemployed.At the same time, in the same period, the employment rate of young people (15-24 years old) was 18.7%.INS data reveal that, in the reference interval, the unemployment rate was 6%, down 0.2 percentage points. By gender, the gap between the two unemployment rates was 0.1 percentage points (6% for men, compared to 5.9% for women), and by residential area, 6.4 percentage points (9.4% in rural areas, compared to 3% in urban areas).Also, by age group, the unemployment rate reached the highest level (22.9%) among young people in the "15-24 years old" category.
Representatives of the ruling Social Democratic Party, PSD, gathered for a congress in Bucharest on Friday, November 7, to elect new leadership and to amend the party’s Statute. The only candidate for party leader is Sorin Grindeanu, who held the interim position after Marcel Ciolacu's resignation in May. In his speech at the congress, Sorin […]
The e-commerce sector recorded strong early results on Black Friday 2025, according to real-time data released on Friday, November 7, by PayU GPO Romania from its dedicated Media Center. By 14:10, the payment processor reported successful transactions totaling RON 514 million (roughly EUR 101 million). PayU said shoppers had made roughly 889,000 purchases, with around […]
Contakt Express Logistik, one of Romania’s leading retailers of mobile phone and tablet accessories, with a network of over 235 stores, is set to launch the initial public offering (IPO) between November 12 and December 3, 2025. The company offers a wide range of products, including cases, screen protectors, chargers, and gadgets, both in physical […]
Romania attracts fewer international tourists today than it did during the communist era, making it the only country in Europe in this situation, the National Association of Travel Agencies (ANAT) warned, as reported by news agency Agerpres. According to the organization, Romania received more than 3.4...
InterCapital ETF, the first international ETF provider in Romania, will launch two new exchange-traded funds on the Bucharest Stock Exchange starting November 11, 2025. The new instruments are the InterCapital CROBEX10 TR UCITS ETF, which offers exposure to the Croatian blue-chip equity market by tracking the performance of the CROBEX10tr index, and the InterCapital EUR […]
The Competition Councils of Romania, Bulgaria, and the Republic of Moldova have granted the necessary authorizations and approvals for the completion of the transaction through which Maspex Romania takes over the majority shareholding of Purcari Wineries. The Maspex Group, which has been present in Romania for nearly 30 years, became the majority shareholder of one […]
