Over a quarter of Romanian managers (27%) said they are worried because of the labor force shortage in the first semester of 2023, according to data of Confidex , a labor force market survey. According to a Confidex study, made by Impetum Group, now at the 9th edition, labor force crisis has been, since the beginning of the ongoing year, the Romanian managers' greatest fear, surpassing even the price rise phenomenon. As for the degree of trust of the business environment in economy, 27% of managers are worried because of the labor force shortage, in semester 1, 2023, 16% more compared to data reported at the end of 2022. According to some managers, a solution to the problem could be the integration of employees from the public system into the private one. Another solution may be the import of human resources, which unfortunately proved to be a complicated process. Since Romania is not an attractive country for immigrant workers, using them could be a real challenge, authors of the study say. “The labor force crisis is generated, on one hand, by the shortage of human resources specialised in specific domains of activity and, on the other hand, by the fact that the local labor force market is not attractive enough so as to find, at local level, talented people who can reach performaces,” said Andrei Cionca, general manager of Impetum Group. Confidex is the only longitudinal study in Romania that measures the Romanian managers' confidence in economy and is able to decrypt challenges gaced by the local business environment. The survey, made by Impetum Group, has been offering, for three years, a clear image of Romanian businessmen's perceptions. Over 2,500 entrepreneurs and C level executives have contributed to the latest 8 editions of the study.
Druid AI today announced it has secured USD 31 million in Series C financing to advance the global expansion of its enterprise-ready agentic AI platform under the leadership of its new CEO, Joseph Kim. The investment was led by Cipio Partners, with participation from TQ Ventures, Karma Ventures, Smedvig, and Hoxton Ventures. Kim has more […]
Drivers in Bucharest lose, on average, 12 working days annually due to congestion, according to Traffic Index 2025, an analysis carried out by the Institute for Visionary Cities. The index compares how much circulation slows down on working days compared to a free-flow regime, for the 41 county seat municipalities and Bucharest. According to the analysis, […]
Romania’s Senate and Chamber of Deputies held a moment of silence on Monday, September 15, for American conservative activist Charlie Kirk, who was shot dead at a university event on September 10. The marking of Kirk’s death came at the initiative of the far-right party Alliance for the Union of Romanians, or AUR. Both Kirk […]
A mountain shelter is scheduled to open this fall in the Făgăraș Mountains' Curmătura Bratilei area following a EUR 60,000 investment. The shelter, located at an altitude of 2,100 meters, is built by the private ophthalmopediatric hospital Infosan in partnership with the non-profit Carpați Mountain Association and the Brașov Emergency Situations Inspectorate (ISU Brașov). The […]
The official trailer for The Yellow Tie/Cravata Galbenă, a major international production about the life of renowned Romanian conductor Sergiu Celibidache, has been released, with the film set to hit cinemas nationwide on November 14. The cast includes John Malkovich and Miranda Richardson, both double Academy Award nominees, along with Ben Schnetzer, Kate Phillips, Sean […]
The presidential elections held in November 2024 in Romania were influenced by a large-scale hybrid war orchestrated by Russia before they were cancelled, according to general prosecutor Alex Florența. Romania’s presidential election was annulled last December after declassified reports alleged Russian involvement in cyber activities aimed at undermining the integrity...
