Approximately 1.55 million people were hired last year in the sport sector in the EU, representing 0.76% of the total of employed people, up by 2.2% as compared to the 1.51 million people who were employed in the sport sector in 2022, show the Eurostat sector. The sport sector includes occupations and economic activities such as those in teams and sporting clubs, coaches, independent athletes, fitness centres and activities such as promotion and management of sporting events. Among the member states of the EU, Sweden has the highest share of people employed in the sport sector (1.33% of the total number of employees), followed by Denmark (1.25%) and Spain (1.11%). In contrast, the lowest shares of employees in the sport sector were in Romania (0.28%) out of the total of employees), Bulgaria (0.37%) and Slovakia. (0.4%).But in the case of Romania, the share of employees in the sport sector increased from 0.16% out of the total of employees in 2021, up to 0.21% in 2022 and 0.28% in 2023.In absolute figures, the number of people employed in the sports sector in Romania has increased from 12,000 in 2021, to 16,000 in 2022 and 22,000 in 2023. In addition, Romania also has the highest year-on-year percentage increase in the number of people employed in sport in the EU, with a jump of 31.7% in 2023 compared to 2022. At EU level, the number of people employed in the sport sector increased by only 2.2% in 2023 compared to 2022. The gender breakdown shows that men outnumber women among people employed in sport in the EU (55.2% compared to 44.8%). By age group, more than a third (37.4%) of people employed in sport in the EU were aged between 15 and 29. But the 30-64 age group has the highest share of people employed in sport, accounting for 59.1% of all sport workers.
Romania has become the EU country with the highest unemployment rate among young people under 25 (26.3%), according to official Eurostat data published in December 2024 and analyzed by the Social Monitor, a project of the Friedrich Ebert Foundation Romania. Thus, Romania surpassed states such as Spain and Greece, where youth unemployment has always been […]
In its half-year report for the second half of 2024, TikTok said it blocked 33,000 spam accounts in Romania and nearly 100,000 fake accounts. It highlighted its intense activity in blocking fraudulent activity related to Romania, particularly during the electoral campaign, indirectly admitting the...
Moldovan president Maia Sandu has acknowledged that some local entrepreneurs are transferring capital to Romania due to its stability as a European Union and NATO member state. Speaking about the country's economic stagnation in 2024, when GDP grew by only 0.1%, and the technical recession in the second half of the year, Sandu highlighted concerns […]
Battery Energy Storage Systems (BESS) are set to become a central component of Romania's power system, according to Oxford-based Aurora Energy Research, whose analysts see investments in Romania's BESS totaling several gigawatts of capacity and several billion euros over the next decade. Aurora pointed to both the opportunities and the risks and uncertainties associated with […]
Romania’s insurance market grew by 11% year-on-year in 2024, reaching a total gross written premium volume of RON 23.4bn (EUR 4.7bn), according to a report published on 1 April by the Financial Supervisory Authority (ASF). General insurance accounted for 81% of total underwritings, while life insurance represented 19%. The total value of insurance premiums for […]
Romania’s authorities are reportedly negotiating with Turkish company Desan Shipyard, which is pondering the option of taking over the activity of Damen Shipyards Mangalia, abandoned last year by its 49% strategic shareholder Damen and currently under insolvency, according to
