Over a quarter of Romanian managers (27%) said they are worried because of the labor force shortage in the first semester of 2023, according to data of Confidex , a labor force market survey. According to a Confidex study, made by Impetum Group, now at the 9th edition, labor force crisis has been, since the beginning of the ongoing year, the Romanian managers' greatest fear, surpassing even the price rise phenomenon. As for the degree of trust of the business environment in economy, 27% of managers are worried because of the labor force shortage, in semester 1, 2023, 16% more compared to data reported at the end of 2022. According to some managers, a solution to the problem could be the integration of employees from the public system into the private one. Another solution may be the import of human resources, which unfortunately proved to be a complicated process. Since Romania is not an attractive country for immigrant workers, using them could be a real challenge, authors of the study say. “The labor force crisis is generated, on one hand, by the shortage of human resources specialised in specific domains of activity and, on the other hand, by the fact that the local labor force market is not attractive enough so as to find, at local level, talented people who can reach performaces,” said Andrei Cionca, general manager of Impetum Group. Confidex is the only longitudinal study in Romania that measures the Romanian managers' confidence in economy and is able to decrypt challenges gaced by the local business environment. The survey, made by Impetum Group, has been offering, for three years, a clear image of Romanian businessmen's perceptions. Over 2,500 entrepreneurs and C level executives have contributed to the latest 8 editions of the study.
Construction and real estate development company Novarion has announced its intention to list on the AeRO market of the Bucharest Stock Exchange by the end of the year or at the beginning of next year. Listing will take place following a EUR 70,000 grant obtained through the EU-backed National Recovery and Resilience Plan, or PNRR. […]
“The Robot Cellist,” the visionary project of international artist Fredrik Gran, will perform during GoTech World 2025, the largest IT and digital solutions expo-conference for the business environment in Central and Eastern Europe. Created by Swedish composer Fredrik Gran, “The Robot Cellist” reinterprets the cello through technology, blending tradition with innovation. It has already appeared […]
Romania is 7th in a ranking of the fastest Wi-Fi connections available onboard trains in 18 countries in Europe and Asia, according to an analysis by internet speed testing service Ookla. With a median download speed of 12.46 Mbps, Romania offers Wi-Fi more than twice as fast as Italy (4.78 Mbps) and Poland (4.72 Mbps), […]
Bucharest’s Botanical Garden will once again be illuminated this fall as the “Garden of Lights – Small World” exhibition opens to the public on October 24. The nighttime event will feature thousands of light installations, colorful lanterns, multimedia projections, and interactive displays inspired by landmarks and cultures from around the world. Visitors will embark on […]
The Metropolis Foundation announced the start of construction works on Romania’s largest pediatric psychiatry hospital, a project valued at over EUR 16.5 million. The new facility will be built within Bucharest’s “Prof. Dr. Alexandru Obregia” Psychiatric Hospital. The 3,900 sqm building will include modern wards, medical offices, occupational and virtual reality therapy rooms, sensory and […]
Global enterprise AI agent platform Wonderful announced on Monday, October 13, that it entered the Romanian market and appointed Lucia Stoicescu as Country Manager. Founded in early 2025 by Bar Winkler (CEO) and Roey Lalazar (CTO), Wonderful provides an integrated agent platform allowing enterprises to build, manage, and monitor AI agents serving customers. Winkler previously […]
