According to the Future of Working Abroad report by InterNations, the typical Romanian expat working abroad is 38.8 years old on average (which is younger than the average expat - 43.1 years), and usually moves abroad for job-related reasons (43% of respondents). Romanians also move to another country because they want to live in their partner’s home country/for love (12% vs. 10% globally) or because they are looking for a better quality of life (10% vs. 6% globally). Most Romanians working abroad were recruited internationally (20%), followed by 16% who found a job independently, and 8% who were sent abroad by their employer. Not a single respondent from Romania moved abroad to start a business (compared to a global average of 2%). The report also revealed that most Romanian expats working abroad (60%) are female, a figure higher than the global average of 46%. The most common field that Romanian expats work in is IT (19% compared to the global average of 11%). They also work in finance (9%), transportation & logistics (8%), and healthcare, manufacturing & engineering, and education (7% each). The InterNations report also found the Romanian expats to be happy with their salaries or the possibility to work remotely. Over a third of Romanian expats (34.6%) cited good compensation and/or good benefits as a highlight of their current job. In fact, 71% have a gross yearly income of up to USD 75,000 (compared to 62% globally), and 16% make more than USD 100,000 per year (compared to 23% globally). The opportunity to work remotely/from home is also among the things that the Romanian expats like best about their current jobs: 35.2% named this aspect compared to a global average of 32%. Three in four (75%) can work from home, and 68% report that they enjoy it. However, when asked about their dream job, the opportunity to work remotely is not high on the list for Romanian expats: just 18% cite it among the most relevant factors for an ideal work environment (vs. 22% globally). Good compensation and/or benefits is most important to Romanian expats (55%), followed by a good work-life balance (50%), flexible working hours and general career development (30% each), as well as room for personal development/growth (28%), and creative/interesting tasks (25%). The Future of Working Abroad report is based on data from the Expat Insider 2021 survey by InterNations, the world’s largest expat community with more than 4 million members. Expats all across the globe shared what it is like to work abroad and described their working conditions, but also what they would like to see in the future. (Details on :https://www.internations.org/press/press-release/expat-insider-2021-survey-the-future-of-working-abroad-40186)
Freedom Holding Corp, a NASDAQ-listed international investment group, announced on May 21 that it launched its global stock exchange trading platform, Freedom24, in Romania. Started in 2019, Freedom24 now serves more than 250,000 clients across the EU. Freedom24 offers Romanian retail investors access to over 1 million trading instruments, including stocks, ETFs, futures, bonds, and […]
Romania has lost a position and is now ranked sixth globally for the cheapest fixed internet subscriptions and second in Eastern Europe, according to a study by Cable.co.uk, which analyzed prices in 223 countries. All countries in Eastern Europe are in the top half of the ranking, with Ukraine and Romania making it in the […]
Two years after the official opening of the first Popeyes restaurant in Romania and one month after the first unit inaugurated outside of Bucharest, in Pitești, the American fried chicken chain decided to also enter the city of Craiova. Moreover, the company said it intends to expand in more cities in Romania. The restaurant in […]
Mr. Ryder Delaloye is Associate Director of the SEE Learning® (Social, Emotional, and Ethical Learning) Program at the Center for Contemplative Science and Compassionate Ethics at Emory University, Atlanta, US. Ryder's experience as a teacher spans from 2nd grade through university. He has taught in public and private schools and universities both in the US […]
Untold Universe, the organizer of music festivals Untold and Neversea in Romania, said it would enter film production. Magic Maker Media House, the production house of the Untold Universe group, will produce a comedy this summer, set to premiere in the first half of 2025. Titled Mentorii/The Mentors, the film stars the comedian Cătălin Bordea in the […]
@Romania, the official-looking page quickly gaining followers on Instagram and TikTok, is not run by a state agency, nor does it receive backing for promoting Romania as a destination for tourists from around the globe. Instead, it was built from the ground up by a non-governmental organization committed to showing what Romania has to offer. In just five short years, […]
