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Romania to face extreme workforce crisis, KeysFin analysis finds

According to a KeysFin analysis, Romanian companies are having difficulty finding employees who are skilled and have communication and teamwork abilities. After competing for good employees with high salaries and the best facilities, companies have developed a new strategy - growing their own future employees.

2018-05-02 11:24:49

Romania is going through the most severe workforce crisis in its recent history. Companies want to expand, and the economy is priming its engines but risks failure, in the context of more and more expensive access to money – "economic fuel" and a significant labour crisis.

According to the analysis, cited by Business Review, recruitment in Romania has become a real challenge. The growing interest of employers has made the HR market grow significantly in recent years, from 2.06 billion RON in 2012 to 3.6 billion RON in 2017.

The number of recruitment companies has steadily grown, by almost 20 between 2012 and 2016, and their net profits have almost doubled in the same period. The increased interest in this economic segment has also led to a 40 percent increase of the number of employees in recruitment companies.

The KeysFin analysis shows that the main players in the Romanian HR market are Adecco, Lugera & Makler, Manpower, Barnet McCall Recruitment, IHM Total Consult. It also found that most HR companies are located in the main areas of economic growth, like Bucharest-Ilfov (1,073 companies), Cluj-Sibiu (415), North-East (399), Constanta-Dobrogea (390) and Timisoara-Banat (340).



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