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.
The programs Documentary Mondays and Fiction Tuesdays return at the Czech Center in Bucharest between May 13 and June 4, on Mondays and Tuesdays. Four films are part of the Documentary Mondays program, where the directors will take part in online Q&A sessions with the public. Apolena Rychlíková’s Limits of Europe, which follows the Czech journalist […]
The Bucharest National Airport Company (CNAB) has said an order was issued for the start of the construction works on an additional parking lot at the Henri Coandă International Airport, Bucharest’s main one. The parking lot, covering 20,265 sqm, will be constructed under a contract worth RON 14.89 million (without VAT) by an association between […]
Prime minister and Social Democratic leader Marcel Ciolacu reiterated the ruling coalition's decision to hold the presidential elections on September 15 for the first round and September 29 for the second round. Ciolacu added that the dates will not be changed to suit any party or individual. "We have a coalition decision that the elections […]
Romania’s economy minister, Ștefan-Radu Oprea, recently announced that Borusan Pipe will open a new production facility in the Alinso Industrial Park, located in the commune of Ariceștii Rahtivani, Prahova County, in a few months. The facility will start manufacturing pipes used in automobiles, with clients including Dacia and Ford Otosan, as well as companies from […]
The Republic of Moldova is a Guest of Honour country at this year's Bookfest, the book fair taking place in Bucharest between May 29 and June 2. Close to 40 events are part of the guest country program, from book launches to debates on current topics. Among the Moldovan authors who will be present at the […]
The Romanian medical recovery chain Centrokinetic, backed by the AGISTA growth investment fund, has recently purchased its eighth clinic, namely the Socrates Clinic in Timișoara. The completed transaction will see Centrokinetic acquire nearly 70% of the clinic's shares, with one of its founders, Dr. Armand Gogulescu, retaining a little over 30%. Plans for the immediate […]
