labour market

Romania's industry has partially came out of depression in September 2019, but the impact of the industrial activity on inflation and on the labour market is still negative, reveals the Romanian Industry Barometer released on Thursday.…

Remember the performance of Octavian Ursu, the Romanian emigrated in Germany in 1990 who became the mayor of Gorlitz? Two year after he had been elected, Ursu has come up with a novel idea of reviving the city that is facing a dark…

Over 60% activity volume of Romanian micro-enterprises is achieved by companies with a turnover of up to 250.000 euros. Instant Factoring, the first Romanian online micro-factoring fintech,  has released a new study on the evolution of…

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…