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).
Romania has signed a major contract with France for the acquisition of Mistral portable short-range air defense missile systems. The agreement was concluded on Tuesday, November 25, between Romania’s Ministry of National Defense and France’s Ministry of the Armed Forces and Veterans, through their respective General Directorates for Armaments. The acquisition is valued at EUR […]
The European Parliament called on November 26 for EU-wide rules to strengthen the protection of minors online, recommending a minimum age of sixteen for accessing social networks, video-sharing platforms, and AI chatbots, according to a statement from the institution,
The government of Romania will be empowered to establish, ex officio or upon request, by Government Decision, an extended surveillance regime over local companies strongly affected by economic sanctions imposed by other states, according to the legislative project prepared by the government, given that the situation of the assets held by the Russian giant Lukoil […]
The European Commission (EC) will reportedly give Romania four more months to appoint permanent management under competitive procedures at 48 state-owned enterprises (SOEs) in the energy sector, after the Romanian government agreed to double the fine paid by the country and the penalties charged to those responsible (ministers) if the milestone set under the Resilience […]
The Romanian banks boasted in 2025 virtually the same record aggregated net profit as in 2024, namely RON 11.6 billion (EUR 2.3 billion, -0.6% y/y) in January-September and RON 6.2 billion (EUR 828 million, -0.3% y/y) in Q3 alone, according to data published by the National Bank of Romania. The non-performing loan (NPL) ratio has […]
The Romanian Parliament approved the National Defense Strategy on Wednesday, November 26, with 314 votes in favor, 43 against, and three abstentions, following a joint session attended by president Nicușor Dan. The document will guide national security policy for the 2025-2030 period. During the parliamentary debate, Ana Maria Gavrilă, leader of the opposition party POT, […]
