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.
Graffiti Plus (GRF+), active in Romania's communication consulting market, has signed the contract for the National Recovery and Resilience Plan (PNRR) funding for its listing on the AeRO market of the Bucharest Stock Exchange (BVB). GRF+ is also preparing to launch the private financing round it is conducting as a first step toward its debut […]
The wooden church from the village of Oncești, one of the oldest monuments in the heritage of the Maramureș Village Museum “Mihai Dăncuș” in Sighetu Marmației, has been restored. The church has now returned to the tourist circuit through the support provided by the US Ambassadors Fund for Cultural Preservation, in a project coordinated by […]
The Bucharest Stock Exchange (BVB) announced the establishment of its Corporate Governance Committee on Thursday, December 4, to support the implementation of the revised 2025 BVB Corporate Governance Code. Romania’s capital market recently celebrated 30 years of activity and is undergoing significant corporate governance reform. The revised BVB Corporate...
Daniel Băluţă, the mayor of Bucharest's District 4, signed the order to start work on the extension of the M4 subway line on Thursday, December 4. The investment is valued at EUR 3.5 billion and the route will be 11 kilometers long, between Gara de Nord and Gara Progresul railway stations. The extension will have 14 […]
Ten entrepreneurs and executives have launched Food Angels Hub, a community of investors dedicated to the food sector. The aim of the hub is to “develop and scale functional and profitable companies in the food, hospitality and food-tech sectors” and “turn Romania into a reference point for food innovation in the CEE region.” The founders […]
Romanian developer IULIUS announced that it secured a syndicated loan facility amounting to over EUR 305 million for its Palas Iași mixed-use complex. The financing is provided by a consortium made up of Erste Group Bank Austria, BCR, Raiffeisen Bank Romania, and Raiffeisen Bank International Austria. The loan will support the remodelling of Palas Iași […]
