18 feb 2021

The year 2020 came with good things, too, one of which was the decline in personnel turnover in the local outsourcing industry, says Vladimir Sterescu, country manager of CGS Romania, a provider of more

30 dec 2020

The processing industry lost 63,400 employees in October 2019 – October 2020, going from 1,149,200 people to 1,085,800, National Statistics Institute data show more

24 dec 2020

End of a decade. The crisis caused by the COVID-19 pandemic not only marks 2020, but also leaves its mark on the entire decade that is ending, as well as on the first few years of the coming decade. more

18 sep 2020

Two retailers, Profi and Lidl, are the companies that hired most people last year. Profi hired almost 2,700 people and Lidl Discount almost 2,000 in 2019, according to the statistics of financial more

28 mai 2020

Outsourcing service provider Genpact, a company with 4,000 employees in Romania, plans to resume hiring once the situation caused by the coronavirus spread throughout the world calms down, says Shibu more

27 mai 2020

The number of contracts ended or the number of people out of a job since the start of the lockdown is now 411,000, Labor Ministry data show. The number of furloughed employees has dropped by more than more

25 mai 2020

Out of the 59,000 companies which applied for funding via the IMM Invest program, 582 have already secured RON500 million, says Dumitru Nancu, general manager of the National Loan Guarantee Fund for more

4 mai 2020

The number of suspended employment contracts or furloughed employees dropped by almost 302,000 on April 30 compared with the previous day, which means people will return to work at their workplaces more

24 apr 2020

The construction panel market will not shrink because of the crisis caused by the COVID-19 pandemic because the major investors continue with their investments as scheduled and orders keep coming, more

21 apr 2020

The number of contracts suspended, that is employees furloughed, has dropped by almost 130,000 since thy peak of April 9, to some 902,000 on April 16, Labor Ministry data show. more

17 apr 2020

Romtehnochim, D&C Industry and Laboratoarele Merlin are getting ready to hire soon, after receiving the greenlight from the authorities to make disinfectants. More than 100 companies have received more

13 apr 2020

Dragos Damian, CEO of Terapia Cluj, the largest pharmaceutical manufacturer in Romania, says the COVID-19 pandemic will have a major impact on the country’s economy. more

9 apr 2020

The authorities should gradually ease the lockdown a number of economy sectors are experiencing to allow the economy to restart and keep addressing the healthcare crisis as a priority. more

7 apr 2020

Almost one in four employees in companies was either furloughed or without a job by April 6, the data centralized by the Labor Ministry daily show. A number of 1.14 million employment contracts have more

2 apr 2020

Ramnicu Valcea-based Minet SA, the largest manufacturer of non-woven fabric in Romania, is expecting the necessary approvals from Romania’s Military Equipment and Technologies Research Agency more

30 mar 2020

Antibiotice Iasi, the largest pharmaceutical producer in Romania, has seen sales up lately, as demand for medicines increased 30%, company CEO Ioan Nani says. more

9 mar 2020

The 5 to go coffee shop chain plans to reach 500 coffee shops in the next five years, 400 of which in Romania and 100 abroad, says co-founder Radu Savapol. more

4 mar 2020

Law 129/2019 published in the Official Gazette of Romania on July 18, 2019, requires companies to notify the Trade Register who the real owners are, i.e. those who own at least 25%, either upon more

26 feb 2020

There is no entrepreneurial company among the top ten companies in Romania, where Automobile Dacia is the leader. more

29 ian 2020

Prime Minister Ludovic Orban continues to say that dropping the income tax exemption some IT employees currently get is a good thing and that equal fiscal treatment for all citizens and companies is a more

20 ian 2020

The government has allocated EUR325 million for state aid investments via the 807/2014 scheme in 2020. The annual budget the Finance Ministry had set for the scheme was EUR145 milion, according to the more

30 oct 2019

Romanian agribusiness producers, either small or medium-sized, should be more visible on the shelves of the major foreign store chains, currently flooded by industrial products, because there is more

4 sep 2019

Valuers do not have a database of deals and provide assessment of properties using similar deals as a comparison, says Dana Ababei, chairperson of the national Association of Romanian Authorized more

3 sep 2019

Romania absorbed only 25% of the funds allocated by the European Union for major infrastructure projects. The biggest infrastructure projects funded with EU funds include the rehabilitation of railway more