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.
Representatives of the ruling Social Democratic Party, PSD, gathered for a congress in Bucharest on Friday, November 7, to elect new leadership and to amend the party’s Statute. The only candidate for party leader is Sorin Grindeanu, who held the interim position after Marcel Ciolacu's resignation in May. In his speech at the congress, Sorin […]
The e-commerce sector recorded strong early results on Black Friday 2025, according to real-time data released on Friday, November 7, by PayU GPO Romania from its dedicated Media Center. By 14:10, the payment processor reported successful transactions totaling RON 514 million (roughly EUR 101 million). PayU said shoppers had made roughly 889,000 purchases, with around […]
Contakt Express Logistik, one of Romania’s leading retailers of mobile phone and tablet accessories, with a network of over 235 stores, is set to launch the initial public offering (IPO) between November 12 and December 3, 2025. The company offers a wide range of products, including cases, screen protectors, chargers, and gadgets, both in physical […]
Romania attracts fewer international tourists today than it did during the communist era, making it the only country in Europe in this situation, the National Association of Travel Agencies (ANAT) warned, as reported by news agency Agerpres. According to the organization, Romania received more than 3.4...
InterCapital ETF, the first international ETF provider in Romania, will launch two new exchange-traded funds on the Bucharest Stock Exchange starting November 11, 2025. The new instruments are the InterCapital CROBEX10 TR UCITS ETF, which offers exposure to the Croatian blue-chip equity market by tracking the performance of the CROBEX10tr index, and the InterCapital EUR […]
The Competition Councils of Romania, Bulgaria, and the Republic of Moldova have granted the necessary authorizations and approvals for the completion of the transaction through which Maspex Romania takes over the majority shareholding of Purcari Wineries. The Maspex Group, which has been present in Romania for nearly 30 years, became the majority shareholder of one […]
