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.
The Defense Ministry said early Wednesday, November 19, that its Air Force detected a drone entering national airspace overnight, prompting the scramble of German and Romanian fighter jets amid ongoing Russian attacks near Romania’s border with Ukraine. Two German Eurofighter Typhoon jets stationed at the Mihail Kogălniceanu Air Base took off at 00:25 on November […]
The government will radically amend the legislation on foreign labour and repeal the current law, said Ciprian Văcaru, state secretary at the Ministry of Labour, Family, Youth and Social Solidarity (MMFTSS), as reported by Economedia.ro...
The Romanian government is preparing an emergency ordinance to ban salary-pension cumulation in the public sector, according to the document consulted by Economedia.ro. The draft ordinance includes other measures to reduce spending in public administration, such as suspending secondments and transfers. The...
Although the Romanian ruling coalition announced a principle agreement over cutting by 10% the payroll of the central administration, no formal agreement has been drafted yet, and the technical specifications are not yet clear. In any case, it seems broadly agreed that the ministries and other central administrative units will be given flexibility in deciding […]
Romania’s BlueSpace Technology is preparing for the first public presentation of its VLAH (Hydramatic Autonomous Combat Vehicle) prototype, scheduled for the first half of December, according to a press release cited by Bursa.ro. The 4x4 armoured vehicle is the first...
The construction materials distribution company Sipex (BVB: SPX), traded at the Bucharest Stock Exchange, announced it will begin next year the construction of a dry mortars and thermal insulation materials factory in Ariceștii Rahtivani, Prahova County. The project will involve EUR 20 million of investment. The company said it has “all approvals for the submission […]
