Google has released the results of a study on the impact of generative artificial intelligence in Romania, carried out by Implement Consulting Group. If Romania widely adopts generative artificial intelligence, the GDP could increase by 14-16 billion euros in the next ten years (meaning by 5%), according to the study “The economic opportunity of AI”, commissioned by Google. The research covers the region of Central Europe and of Eastern Europe (CEE) and analyzes in detail four countries, including Romania. The study also shows that 42% of jobs in Romania are likely to remain unaffected by generative AI, while 54% of jobs are expected to work together with generative AI and see a boost in productivity. Only 4% of jobs are estimated to be highly exposed to generative AI, leading to some job closures. However, the productivity boost from generative AI is expected to create new jobs replacing those lost to automation. According to Google report, CEE performs relatively well in early AI adoption drivers that ensure a safe and reliable AI-ready environment. However, the region falls behind EU average and global leaders in all adoption drivers. Romania has the lowest AI adoption in CEE, indicating they could be less AI-ready than the CEE average.
The gross income of employees who worked full-time under a labour contract and were paid for the entire month of October 2024 was RON 8,374, more than a quarter above the basic gross salary of RON 6,553, according to data from the National Institute of Statistics (INS) published on Friday.Around 40% of these employees earned […]
Over 31,600 building permits for residential properties were issued in the first ten months of this year, up 4.1% compared with the same period last year, according to data from the National Institute of Statistics (INS) published on Friday.Increases were recorded in all development regions: West (+297 permits), Centre (+235), North-West (+192), North-East (+134), South-East […]
VAT revenues increased in the third quarter of this year by 6.74 billion lei compared to the same period last year, totaling 35.48 billion RON, out of a total of 94.75 billion RON for the first nine months of 2025, according to data transmitted on Monday by the Ministry of Finance.Of the amount of 6.74 […]
Banca Comerciala Romana (BCR) listed on Friday a new bond issue on the Regulated Market of the Bucharest Stock Exchange (BVB), worth 1.12 billion RON, the BVB said in a release.This is the 11th bond issue listed by BCR on the Stock Exchange to date, bringing the total value of BCR's listed bonds close to […]
Romania's insurance sector is strengthening its performance against the backdrop of a dynamic market undergoing significant structural transformation, according to a new study on developments in the insurance markets of Central and Eastern Europe, conducted by a consultancy firm in partnership with a research provider."Romania stands out as one of the most dynamic insurance […]
The minimum turnover tax is a barrier to investment, and in a period when the private sector is undergoing restructuring and layoffs, it adds additional pressure on companies, according to a letter signed by 14 investor organizations that once again request the elimination of the minimum tax."In view of the discussions on the construction […]
