Romania's staff shortage is driven by the decreasing share of high school graduates and workforce migration, to which adds the mismatch between market demands and the education offer - a trend that is also noticeable in Western Europe, shows a survey by brokerage house XTB Romania."In June, the nationwide average gross salary was 6,854 RON in industry, 15,110 RON in IT and communications (especially the IT area), and 12,948 RON in financial intermediation and insurance services. Two years before, the gross salary was 5,321 RON in industry, 11,481 RON in IT, and 9,720 RON in finance. Whereas the IT and communications salary was 115.7 percent higher in June 2021 versus industry salaries, the difference increased to 120.5 percent in June this year," the survey shows.Thus, although insufficiently statistically captured, the difficulty of finding tradesmen such as electricians, plumbers, painters is reflected in the rates charged and the incomes that progressively close the gap to IT or finance pays. But the slower response, for the time being, from other areas has allowed IT salaries to take off compared to industry pays.With continued progress of artificial intelligence, OpenAI recently announced the development of an enterprise version of ChatGPT intended for companies."It will operate faster and address concerns about the use of companies' data, with the promise that they will not enter the corpus of the model used in such a way as to become, indirectly and without the consent of the owners, public information or accessible to other users," the survey states.Thus, AI adoption by companies could speed up, the effect being the multiplication of its practical applications. The complexity of the problems that can be addressed is increasing, but important gaps remain in terms of the completeness and correctness of the answers.
Romania’s air passenger traffic increased by 8.1% in the first quarter of 2025 compared to the same period last year, rising from 5.18 million to nearly 5.6 million passengers, according to data from the National Institute of Statistics (INS) quoted by Economica.net. The busiest airports were Bucharest’s Henri Coandă (also known...
This article series tells the stories of the 15 finalists selected in the BVB Arena program. BVB Arena is the flagship program of the Bucharest Stock Exchange, dedicated to developing and promoting the Romanian entrepreneurial environment. The program’s goal is to select and promote Romanian companies that have the greatest growth potential and high chances […]
Salt Bank, the first 100% digital Romanian bank built entirely from scratch, has been named by Celent as the 2025 Model Bank for Digital Bank Launch. Celent is one of the world’s most prestigious research and advisory firms focused on technology for financial institutions. By receiving the title of "2025 Model Bank for Digital Bank […]
The 8th edition of the national educational program “Healthy Lifestyle, Diverse Nutrition and an Eco-Responsible Attitude” under the motto “Good for Taste, Good for Health, Good for the Planet!” has concluded. The program was organized by the Taste Celebration Association and funded by the Auchan Foundation with 100,000 euros. The program aims to convey to […]
Romania's budget deficit, meaning the gap between revenues and expenditures, reached 3.39% of GDP after the first five months of the year, while the new government grapples with balancing initiatives. The deficit increased compared to the first four months, when it stood at 2.95% of GDP, and remained roughly stable compared to the first five […]
eLog, a Balkan-based provider of reusable transport packaging systems for the retail sector, has entered the Romanian market by leasing 4,000 sqm of warehouse and office space at CTPark Bucharest North. The facility, developed by CTP, will serve as eLog’s first operational hub in Romania, supporting its expansion into local retail logistics. Specializing in Retail […]
