Romania reported 5,746,452 employees in 2024, the highest in the last decade, according to a press statement from the Ministry of Labour, Family, Youth and Social Solidarity (MMFTSS) released on Thursday.The number of individual employment contracts at the end of 2024 was standing at 6,710,815, by over 700,000 higher than ten years ago."Employment policies, increasing employees' skills and supporting employers are priorities of the incumbency. The results of 2024 confirm the effectiveness of the measures on the labour market, and we continue to invest in people under programmes that create new jobs for Romanians," Labour Minister Simona Bucura-Oprescu is quoted as saying in the statement.According to data with the National Employment Agency (ANOFM), in 2024 629,733 jobs openings were announced by employers, including 366,091 jobs that were repeatedly declared open. Most of the jobs openings were in construction, education, healthcare, delivery, commerce and transport. At this moment, ANOFM has over 35,000 available jobs.Through ANOFM, 183,849 Romanians found a job in 2024, of which 98,766 in urban areas and 85,083 in the countryside.The places with most of the new employment contracts in 2024: Bucharest City (693,037) and the counties of Ilfov (150,208), Cluj (138,807), Constanta (126,696), Timis (112,551), Brasov (92,416) and Arges (81,862).Most of the new contracts were concluded in construction (205,163), education (138,526), hospitality (127,383) and road haulage (118,174).
This autumn, a mature linden tree on the campus of the British School of Bucharest (BSB) was relocated to a new position within the school grounds to make space for the development of new sports facilities. The operation, supervised by two UK specialists from Ruskins Trees & Soil Biology Ltd, represents the first such relocation […]
Romania continues to record the largest value-added tax gap in the European Union, losing around one-third of both VAT and corporate tax revenues, according to an analysis by PwC Romania based on the VAT Gap in Europe report by the European Union. The country has held the top position in VAT non-collection for the past […]
Romanian companies recorded higher profitability than peers in Bulgaria, the Czech Republic, Hungary, and Poland across nine economic sectors, positioning Romania among the most attractive regional markets for investors in selected industries, Ziarul Financiar reported, citing a joint study by the Bucharest...
Romania ranks 19th globally for mobile internet speed, surpassed not only by advanced economies in the region but also by neighboring countries, which have accelerated investments in mobile infrastructure and managed to achieve faster and more stable connections, according to Economica.net,...
Romania added 2.5 GW this year to its total solar power capacity, 45% more than last year and roughly one third of the total capacity expected at the end of the year (7.6 GW), according to Economica.net, citing data from the latest report by Solar Power Europe, the European photovoltaic industry association. The performance, combined […]
The volume of net investments in Romania’s economy rose by 8.8% y/y in Q3 in comparable prices, accelerating from a sluggish +1.0% y/y rate in H1, according to data published by the statistics office INS. The rebound points to stronger capital formation after a weak start to 2025. Indeed, gross fixed capital formation rebounded to […]
