Category: Uncategorized
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Genesis Property: 6 out of 10 Romanians want more support from their employer to further develop both professionally and personally. Over 50% of employees want more benefits
In a period marked by social and economic tensions, most employees in Romania want to grow more and faster both professionally and personally. Nearly 60% believe that employers could make greater efforts to support their development, according to a Genesis Property survey conducted in the first half of 2025 on a nationally representative sample of…
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Job security in 2025: Romanians fear instability but hesitate to make major changes, survey finds
Romanians remain worried about job security amid economic uncertainty, with many lacking financial safety nets and expressing doubts about their chances of quickly finding new employment, according to a new survey conducted by OLX Locuri de Muncă. Only one in three respondents said they consider their current job secure in the long term, while 29%…
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West Group completes iResidence takeover in Bucharest
West Group announced that it finalized the full acquisition of the iResidence residential project in northern Bucharest, ensuring that development continues without disruption and with strengthened financial backing. The project comprises 520 apartments with underground parking and storage facilities. Following the takeover, construction remains on schedule, with the first phase of 260 apartments already structurally…
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Interim mayor announces major urban regeneration plan for Bucharest’s main railway station
Bucharest’s interim mayor, Stelian Bujduveanu, announced on Tuesday, August 19, the launch of a large-scale urban regeneration project around Gara de Nord, the capital’s busiest railway station. The plan, developed in partnership with the Ministry of Transport and the District 1 City Hall, aims to transform the degraded transport hub into a modern intermodal node,…
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Calendar for Bucharest mayor elections remains unclear
Save Romania Union (USR) has discussed with prime minister Ilie Bolojan (Liberal Party, PNL) about the organization of local elections in Bucharest in November, given his position as head of government and also as PNL president, sources told G4media.ro. USR seems to be the sole ruling party interested in speeding up the elections, which are…
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Israel’s Econergy commissions 87 MW PV plant and focuses on storage in Romania
The Israeli company Econergy, one of the most important investors in renewables in Romania, announced that it has officially connected a new 87 MW photovoltaic park located in Oradea to the Romanian electricity grid and announced plans for a 68 MW storage facility at the project site, according to Economica.net. This brings the company’s connected…
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Romania’s courier market grows 17% in 2024 on surge of extra-EU e-commerce platforms
Romania’s courier industry recorded revenues of RON8.1bn ($1.78bn) in 2024, up 17% year on year, according to data from the SMARTreports platform powered by Bridge-to-Information, Ziarul Financiar reported. The sector added RON 1.1 billion (EUR 220 million) in revenues compared to 2023, marking one of its strongest years of growth. Despite higher turnover, profitability slightly…
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More consultations on Romania’s private pensions reveal risks of double taxation
Consultations were held between the government, trade unions, financial markets regulator ASF, and the financial institutions involved, about the draft project for the disbursement of pensions under the pillars II and III. The consultations followed public protests to the draft law inked by ASF and promoted by the government, particularly regarding the ban on complete…
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Romania drafts ordinance to restrict transfers in public sector and regulate work after retirement
Romania’s Ministry of Labor has published for consultation a draft emergency ordinance (OUG) that would ban transfers and secondments between public institutions until the end of 2026, Cursdeguvernare.ro reported. The measure is intended to prevent civil servants from circumventing upcoming staff reductions as the government prepares a broad administrative reform that will cut tens of…
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Romanian government suspends investment projects where procedures have not started yet
The government of Romania on August 19 endorsed an emergency ordinance (OUG) stopping the projects under the National Relaunch and Resilience Plan (PNRR) and national schemes including Anghel Saligny where the contracting procedures have not started and put on ice the projects with a completion rate of under 30% with a view of identifying financing…