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.
President Nicușor Dan, in office for roughly three months, attended the Salzburg Industrialists' Summit, the most important reunion of the Austrian business community, urging them to invest in Romania. Specifically, the president emphasized the strategic opportunities in the defense, energy, infrastructure, and logistics sectors. “Romania is significantly expanding its defense industry. Our sector offers real […]
A scandal broke out on Friday, July 25, after it was made public that deputy prime minister Dragoș Anastasiu was a witness in an older corruption case involving one of his companies. The company, Eurolines, paid bribes for eight years to a financial inspector from Romania’s tax agency ANAF. Records from the Anti-Corruption Directorate show that between […]
A scandal broke out on Friday, July 25, after it was made public that deputy prime minister Dragoș Anastasiu was a witness in an older corruption case involving one of his companies. The company, Eurolines, paid bribes for eight years to a financial inspector from Romania’s tax agency ANAF. Records from the Anti-Corruption Directorate show that between […]
The Drapers' Bastion in Brașov, built between the years 1450–1455, will be restored with European funds. The urban landmark will become an interactive museum integrated into the tourist circuit. The rehabilitation of the Drapers' Tower will support not only tourism but also the construction sector, contributing to the economic and cultural revitalization of Brașov, according […]
The National Meteorological Administration (ANM) has issued a code-red warning for persistent and intense heat from July 26, 10:00 AM to July 27, 10:00 AM for the regions of Banat, Oltenia, most of Muntenia, and southern continental Dobrogea. Day temperatures are expected to reach between 39 and 43 degrees Celsius, while the temperature-humidity index is […]
The fifth edition of Jazz Bastion will bring three concerts to the Weavers' Bastion in Brașov, featuring musicians from Romania, Ireland, and Switzerland. This year's edition "highlights the cultural diversity of music, which always brings together artists and audiences alike, regardless of language, nationality or affinities," the organizers explained. The public can attend performances by […]
