The Romanian government on Thursday approved a social security totalization agreement between Romania and the US."The government made a decision today regarding the mutual recognition between Romania and the United States of America of the periods of work and the right to pension for the citizens of the two countries.A government decision approved today establishes the implementation of the bilateral social security agreement. With the entry into force of this agreement, it will be possible to capitalise on the times worked both in Romania and in the US in order to open the right to pension on the principle of totalization, with each country paying such pensions proportionally," governmental spokesperson Mihai Constantin told a news conference on ThursdayHe added that, according to data obtained through diplomatic channels, about 500,000 people of Romanian origin are registered in the United States, adding that it is very possible that the number is much higher."And this mechanism (...) which today acquires a new component, will hopefully encourage the citizens of the two countries to notify their social security managers in order to benefit from the contributions paid, at retirement age," Constantin said."The document will enter into force on the first day of the fourth month of the date of the last note in which the states notify each other through diplomatic channels of the fulfilment of the internal procedures necessary for its entry into force."
Only 27.7% of Romanians had basic digital skills in 2023, below the EU average of 55.56%, according to the Digital Decade 2025 Country Report – Romania, conducted by the European Commission. In Romania, the authorities responsible for building a digital skills framework for public...
Bucharest’s District 4 will soon have 50 new high-power charging stations for electric vehicles, mayor Daniel Băluță announced on Wednesday, July 2. Each station will feature two charging points, allowing up to 100 drivers to charge their vehicles simultaneously. The new infrastructure aims to support the growing adoption of electric mobility in the capital while […]
FintechOS, a leader in financial product management, appointed Sorin Mirea as Vice President of Commercial for Central and Eastern Europe (CEE), effective May. With more than 20 years of experience in the banking industry and a solid transition to the technology sector, he will lead the company’s growth strategy in key markets such as Romania, […]
Ecolet, the B2C brand of the Alsendo Group, has acquired the commercial operations of Curier Online in Romania, marking a significant step in Alsendo’s expansion strategy in Southeastern Europe. The transaction strengthens Ecolet’s position in the local e-commerce logistics market and enhances its technological offering for B2C and C2X clients. Through the deal, Ecolet takes […]
Around 40% of Romanian employees are dissatisfied with their current salary and feel financial pressure in their daily lives, according to a survey released on Wednesday, July 2, by eJobs, one of Romania’s largest online recruitment platforms. Around 52.8% of respondents declare themselves only somewhat satisfied, while only 8.2% have no reason for dissatisfaction in […]
OMRO, the lending branch of the fintech Filbo, together with Filbo Pay and Easybill, listed RON 12.3 million (EUR 2.4 million) in corporate, unsecured bonds on the Bucharest Stock Exchange on July 1. This is OMRO’s fourth issue of corporate bonds. OMRO32 bonds have a nominal value of RON 100 per bond and a variable […]
