The average estimated professional life for 15 years old youths in EU was 36.9 years in 2023, while Romania is last in the top with an average of 32.3 years, on the rise from 31.3 years in 2021 and 32 years in 2022, according to Eurostat data released on Thursday. According to those data, there are EU member states where the average professional life span is over 40 years, in countries like the Netherlands (43.7 years), Sweden (43.1 years) and Denmark (41.3 years). In contrast, the lowest professional life span recorded last year in Romania (32.2 years), Italy (32.9 years) and Croatia (34 years). The division on sexes shows that the estimated average professional life in higher among men (39 years in EU), than women (34.7 years). Among member states, the average professional life for men varies between 45.7 years in the Netherlands and 35.4 years in Croatia, Bulgaria and Romania (both with 35.6 years). For women, the average professional life varies between 41.9 years in Sweden and 28.3 years in Italy, forllowed by Romania (28.5 years). Eurostat points out that the estimated average professional life has constantly risen in EU. In 2020 it dropped for the first time, as a result of the health crisis, from 34.7 years in 2013 to 35.9 years in 2019, to go down to 35.6 years in 2020. In 2021 it returned to the level recorded before the pandemic. In Romania's case, the estimated duration of the average professional life grew from 32.8 years in 2014 to 33.8 years in 2019 to reach 33.7 years in 2020 and31.1 years in 2021. As of 2022 it went up to 32 years and to 32.2 years in 2023.
Real estate developer Globalworth has begun construction on Green Court D, the fourth building in its Green Court office complex in Bucharest’s Aurel Vlaicu area. Scheduled for completion in 2027, the project is now in its preliminary phase, which includes enclosure works and excavation for the basement structure, the company said. The new building will […]
Romania’s National Committee for Emergency Situations decided to distribute drinking water from the state reserves to 13 localities in the counties of Prahova and Dâmboviţa. The area was severely impacted by a drop in water levels at the Paltinu Dam, leading to problems in the water distribution system and affecting over 100,000 people, local hospitals, […]
Rock star Marilyn Manson will return to Romania next summer to perform at Rockstadt Extreme Fest, organizers announced on Tuesday, December 2. He is among the headliners confirmed for the local rock and metal festival, which will take place from July 27 to 31 in Ghimbav, Brașov county. “For the first time ever, Marilyn Manson […]
Romania’s government has assumed responsibility in Parliament for legislation reforming magistrates’ pensions, prime minister Ilie Bolojan announced on December 2. He said the draft law had received the opinion of the High Court of Cassation and Justice, noting that the court’s assessment was negative. It is the government’s second attempt to have the bill promulgated, […]
Romania Education Alliance (REA), the first private school network in the country, announced it has exceeded the milestone of 1,000 students enrolled across its member schools just one year after launch. "The fact that we surpassed 1,000 students in our very first year of activity shows that the REA model addresses a real need in […]
Genesis College, one of the largest private educational institutions in Romania, announced the regulatory approval of the transaction through which the investment firm Mozaik Investments becomes its majority shareholder. The transaction, signed at the end of July, received all necessary approvals from the Competition Council on November 25, and, formally, the entire investment procedure is […]
