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.
Representatives of the ruling Social Democratic Party, PSD, gathered for a congress in Bucharest on Friday, November 7, to elect new leadership and to amend the party’s Statute. The only candidate for party leader is Sorin Grindeanu, who held the interim position after Marcel Ciolacu's resignation in May. In his speech at the congress, Sorin […]
The e-commerce sector recorded strong early results on Black Friday 2025, according to real-time data released on Friday, November 7, by PayU GPO Romania from its dedicated Media Center. By 14:10, the payment processor reported successful transactions totaling RON 514 million (roughly EUR 101 million). PayU said shoppers had made roughly 889,000 purchases, with around […]
Contakt Express Logistik, one of Romania’s leading retailers of mobile phone and tablet accessories, with a network of over 235 stores, is set to launch the initial public offering (IPO) between November 12 and December 3, 2025. The company offers a wide range of products, including cases, screen protectors, chargers, and gadgets, both in physical […]
Romania attracts fewer international tourists today than it did during the communist era, making it the only country in Europe in this situation, the National Association of Travel Agencies (ANAT) warned, as reported by news agency Agerpres. According to the organization, Romania received more than 3.4...
InterCapital ETF, the first international ETF provider in Romania, will launch two new exchange-traded funds on the Bucharest Stock Exchange starting November 11, 2025. The new instruments are the InterCapital CROBEX10 TR UCITS ETF, which offers exposure to the Croatian blue-chip equity market by tracking the performance of the CROBEX10tr index, and the InterCapital EUR […]
The Competition Councils of Romania, Bulgaria, and the Republic of Moldova have granted the necessary authorizations and approvals for the completion of the transaction through which Maspex Romania takes over the majority shareholding of Purcari Wineries. The Maspex Group, which has been present in Romania for nearly 30 years, became the majority shareholder of one […]
