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).
The number of people in Romania at risk of poverty stood at 3.59 million people in 2024, 375,000 fewer than in 2023, representing a 9.4% decrease, according to data from the National Institute of Statistics, or INS. Despite the improvement, nearly one in five Romanians was affected by poverty last year. According to INS, 19% […]
The European Public Prosecutor’s Office (EPPO) in Cluj-Napoca carried out multiple searches on Tuesday, July 1, at the Sibiu International Airport and the Sibiu County Council as part of an investigation into suspected fraud involving a EUR 54 million EU-funded infrastructure project. A total of 24 locations were searched across Bucharest, Brașov, and Sibiu county, […]
A Romanian taxi driver who scammed 90-year-old Nigerian Nobel Prize laureate Wole Soyinka was detained by police on Sunday, June 29, according to media reports. On Friday, June 27, the venerable Nigerian arrived at Bucharest's Otopeni Airport. He got into a taxi and asked to be taken to a hotel downtown. At the destination, the […]
Costin Șerban, a Romanian entrepreneur, is digitalizing the construction sector in the United Kingdom with an ERP (enterprise resource planning) solution developed over 12 years and an investment of GBP 1.6 million (EUR 1.86 million). Șerban’s cloud-based ERP platform is called Abilo, was developed by the Romanian IT company Obi Systems, and is dedicated to […]
Border checks between Bulgaria and Romania have officially been lifted on July 1, as part of the implementation of the Schengen Agreement. The lifting marks the end of the transitional period of heightened control at the internal border, which had remained in place for six months following their accession to the Schengen area by land […]
Remus Vulpescu became CEO of the Bucharest Stock Exchange (BVB) on Tuesday, July 1, taking over from Adrian Tănase as the stock exchange grapples with a market dominated by government bonds. Vulpescu, 53, is a graduate in political and legal sciences from the University of Bucharest and holder of an EMBA obtained in 2017. He […]
