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.
Two Romanians were arrested during Sunday night, May 11, after robbing empty houses in the evacuated mountain village of Brienz located in the Swiss canton of Graubünden. The village had been evacuated since November due to rock falls. The locality was, however, monitored by the authorities to prevent break-ins. The would-be thieves apparently tried to […]
The European Bank for Reconstruction and Development, or EBRD, has revised its estimates regarding the evolution of the Romanian economy in 2025 downward to 1.6%. The bank expects Romania’s GDP to grow 0.2% less than the 1.8% estimate made in February, and to increase by 2.4% in 2026. Romania's GDP growth slowed to 0.8% in […]
During a meeting on Monday, May 12, the Cluj-Napoca Local Council approved a draft resolution that imposes smoking restrictions in several public spaces in the city, including public transport stations, parks, and sports facilities. The resolution was adopted with 22 votes in favor and 3 abstentions, and will come into effect 90 days from the […]
An internal survey by Romanian Business Leaders, which does not have national representativeness but was answered by 417 entrepreneurs, shows that 62% of entrepreneurs expect to have to make layoffs, while a third expect the number of employees to remain the same. The expected layoffs are directly connected to the possibility of Romania choosing a […]
Romanian Istvan Kovacs will be the main referee for the UEFA Champions League final between Paris St-Germain and Inter Milan, which will be played on May 31 in Munich. The match will be Kovacs’ third European final in the last 4 years. The 40-year-old referee has previously officiated the UEFA Europa Conference League final in […]
Over 70 museums across Romania will open their doors after hours for the 21st edition of Night of Museums, one of the country's most anticipated cultural events. Held on the night of May 17, the event offers visitors a unique opportunity to explore exhibitions, installations, and creative activities in an unconventional, late-night setting. From major […]
