Romania recorded the highest annual increase in hourly labor costs in the European Union (EU) in the first quarter of 2025, as per data released by Eurostat, the EU's statistical office.
One out of four Romanian employees is dissatisfied with their salary, half of them expect salaries to stagnate in the next two years, and only 13% of companies would be willing to significantly raise salaries in the coming year, according to the survey “Salaries and benefits – balancing expectations and supply” conducted by Undelucram.ro at regional level.
Although 60% of organizations in Romania are involved in AI (artificial intelligence) utilization, either through testing or adoption planning, only 11.2% have successfully implemented the technology, finds a recent study by EY on emerging technologies.
Romania boasts the third fastest growth pace globally in terms of expenditure on dining out, after Turkmenistan and China, among almost 80 countries analyzed from Europe, Asia and North America, in line with Oxford Economics data quoted by Colliers.
German group Hella, part of Forvia conglomerate, the world’s seventh largest car supplier, continues operational reshuffling in Romania and announces, according to some market sources, the shutdown of its Iasi software development center, less than two years after closing the similar unit of Oradea.
Jasill group, active in the field of tax consulting, accounting, audit and HR services, has completed the takeover of Excelcont, one of Romania’s oldest accounting, audit and HR entrepreneurial firms.
Romania telecom market in 2024 suddenly lost one of the companies part of the so-called “billionaires” club, with annual turnover of above RON1 billion, in line with Finance Ministry data.
Private equity fund MidEuropa Partners is in advanced talks for a new acquisition in Romania, of a company that has an entrepreneur and an investment fund among shareholders.
Tinervis Group, the company that operates pretzel shop chain Luca, controlled by entrepreneur George Adragai, in 2024 posted turnover worth RON617.1 million (EUR124 million), up 17.3% from 2023, in line with ZF calculations based on Finance Ministry data.
Carmo-Lact Prod, the Bistrita-Nasaud-based company producing Monor brand, controlled by entrepreneurs Eugen Creosteanu, Ioan Neagos and Alin Neagos, for 2024 reported turnover worth RON293.7 million (EUR59 million), up 17.7% from 2023, in line with ZF calculations based on Finance Ministry data.
Fitness center chain Stay Fit Gym, a leading local player on this market, continues rapid expansion and plans to reach 68 units by yearend, from 53 at present.