labour market

Following an annual growth of 4.1% in 2018, real GDP growth accelerated in the first quarter of 2019 to 5.1% year-on-year (1.3% quarter-on-quarter). Private  consumption  remained  the  main  driver,  increasing  7.0%  year-on-year  thanks…

People living in Bucharest or Clu-Napoca are making good money, a study on the Romanian labour force shows. In Bucharest, the monthly average wage is exceeding RON 3,600, while in Cluj it is higher than RON 3,100. However, the study…

The 2019 edition of the Pan-European Study "L'Observatoire Cetelem" reveals the perception of Europeans about local consumption and their desire to consume more responsibly. According to the study, there is a new global trend that promotes…

The European Commission has issued on Wednesday a recommendation to the Council, a report on the situation in each EU country. Regarding Romania, the EC is critical on the economic imbalances, lays stress on problems faced by education,…

The Bucharest office market debuted in 2019 with decent numbers: a gross take-up of 105,000 sqm, out of which the net take-up was 29,000 sqm, and 93,000 sqm of deliveries. Data from the real estate consultancy company Colliers International…

The Government is to adopt on Friday the draft decision on the gross minimum wage. Although it has promised to increase the minimum wage for employees with seniority of 15 years and for those with higher education to the level of RON 2,350,…

Investment gaps are prevalent despite the strong – but mainly consumption driven – growth in recent years, reads the latest study on Investment and Investment Finance in Romania conducted by the EIB and presented in a press conference held…

The IT&C industry continues to top the employers ranking in Romania, with Microsoft Romania, Oracle Romania and Zitec ranking the first, second and third among the most appreciated companies by employees. Compared to last year,…

The Foreign Investors Council (FIC) has signaled in the past 2-3 years that its members are anticipating increasing strains on the Romanian labour market because starting with 2015-2016 our members have reported increasing problems in…

It is now one year after European leaders proclaimed the European Pillar of Social Rights, which focuses on equal opportunities and access to the labour market; fair working conditions; and social protection and inclusion. To mark this…