Romania's staff shortage is driven by the decreasing share of high school graduates and workforce migration, to which adds the mismatch between market demands and the education offer - a trend that is also noticeable in Western Europe, shows a survey by brokerage house XTB Romania."In June, the nationwide average gross salary was 6,854 RON in industry, 15,110 RON in IT and communications (especially the IT area), and 12,948 RON in financial intermediation and insurance services. Two years before, the gross salary was 5,321 RON in industry, 11,481 RON in IT, and 9,720 RON in finance. Whereas the IT and communications salary was 115.7 percent higher in June 2021 versus industry salaries, the difference increased to 120.5 percent in June this year," the survey shows.Thus, although insufficiently statistically captured, the difficulty of finding tradesmen such as electricians, plumbers, painters is reflected in the rates charged and the incomes that progressively close the gap to IT or finance pays. But the slower response, for the time being, from other areas has allowed IT salaries to take off compared to industry pays.With continued progress of artificial intelligence, OpenAI recently announced the development of an enterprise version of ChatGPT intended for companies."It will operate faster and address concerns about the use of companies' data, with the promise that they will not enter the corpus of the model used in such a way as to become, indirectly and without the consent of the owners, public information or accessible to other users," the survey states.Thus, AI adoption by companies could speed up, the effect being the multiplication of its practical applications. The complexity of the problems that can be addressed is increasing, but important gaps remain in terms of the completeness and correctness of the answers.
Romania registered the third lowest employment rate in the EU in 2023, following Italy and Greece, according to recent Eurostat data. Only 69% of Romanians aged between 20 and 64 are employed, meaning nearly one-third of Romanians are not working. Certain factors influence these figures. Romania makes use of a category of special pensions applied […]
Authorities are looking into the case of a Romanian minor who was allegedly sold for RON 8,000 (EUR 1,600) and arrived in Germany with false documents. Romanian authorities were notified by those in Germany regarding the case, but investigations are still ongoing. The minor is currently in the care of the German state. The boy […]
The residential market had a strong start in 2024, with the first quarter ending with an 18% increase in the number of residential transactions in Bucharest compared to the same period last year, according to Colliers data. In the rest of the country, the increase was slightly higher - 19%. According to Colliers consultants, buying […]
Siemens Healthineers, the medical technology branch of the German multinational, recently launched its newest MRI scanner, the MAGNETOM Flow, during an event held in Bucharest on April 24. Featured in one of the panels during the event, Sonja Wehsely, executive vice president CEECA Siemens Healthineers, highlighted the strengths of the new scanner. Wehsely, who has […]
The Romanian General Prosecutor's Office officially announced the indictment of former president Ion Iliescu, former prime minister Petre Roman, and former deputy prime minister Gelu-Voican Voiculescu for crimes against humanity, in the case of the Mineriada (miners' riot) of June 1990. Along with the three, the former director of the Romanian Intelligence Service (SRI), Virgil […]
Uber launched its Green service in the popular mountain city of Brașov, in central Romania, on April 25, with a fleet of environmentally friendly vehicles such as Toyota Prius, Hyundai Ioniq, Tesla Model Y, and Volkswagen ID.3. Previously, the Uber Green option was made available to residents and tourists of Cluj-Napoca in November 2023. “We […]
