Why are foreign workers going to Romania?
Why are foreign workers going to Romania?
Romania was a former soviet country that experienced widespread economic and political turmoil in the 1990s after the communist regime there was overthrown in December 1989. There was high inflation, poverty, and low wages as the economy transitioned from a highly centralized command economy to more democratic, western , market economy. Romania struggled to attracted foreign investment and modernize its industrial sector, and many companies went bankrupt. There were a series of short lived governments, as well as persistent corruption, in addition to organized crime.
These factors led people to leave Romania in search of better opportunities. The population shrunk from 23.2 million people in 1990 to 19 million people today. However, things are changing for the better in Romania. The growth rate last year was 4.7%. Businesses are desperate for workers, especially the hospitality and construction sectors. The Romanian bureaucracy is overwhelmed by the demand for foreign workers. There is such a need for foreign workers, that some businesses have given up trying to attract them. The construction sector alone requires an additional 100,000 new workers by the end of 2024 partly due to the EU’s post pandemic reconstruction fund, of which Romania will receive almost 27 billion euros. 17 billion euros will go towards construction alone.
Works Cited:
https://www.economist.com/europe/2023/04/27/romanias-hot-economy-is-attracting-foreign-workers
Tags
romania, romania work visa, romania work permit, romania visa, jobs in romania, romania economy, romania, romania gdp, romania gdp per capita, romanian economy, economy of romania, romania population, romania gdp 2030, romania population 2030, evolution of romania, history of romania, moldova economy vs romania economy, romania economy vs moldova economy, romania economy vs ukraine economy, bulgaria economy, romania 2030, greece economy, bucharest romania, europe economy, poland economy, balkan economy, romania data, romania economic, nepalese in romania, salary in romania, bangladeshi workers in romania, company room in romania for worker, foreign worker in romania, jobs in romania for pakistani, nepali in romania, jobs in romania for foreigners, romania work permit visa, work permit in romania, foreign workers in europe, jobs in romania for indian, job in romania, job for unskilled workers in romania
-
3:46
The Last Capitalist in Chicago
11 months ago $0.06 earnedReturn to office policies are not working
167 -
54:34
Man in America
15 hours agoCongress & UN Preparing for 'MASS CASUALTY' Event & Martial Law? w/ Todd Callender
74.8K110 -
1:24:22
Flyover Conservatives
1 day agoTony West: The Power Player Behind the Scenes You’ve Never Heard Of! - Edward Szall and Matthew Skow; Economic Update - Dr. Kirk Elliott | FOC Show
67.6K6 -
1:18:50
Precision Rifle Network
2 days agoGuns & Grub S3E1 - Back Like A Bad Rash
61K7 -
1:22:19
Donald Trump Jr.
17 hours agoKamala Fails Softball Interview, Adams Indicted, Live with Vivek Ramaswamy | TRIGGERED Ep.177
171K252 -
3:06:47
VOPUSARADIO
1 day agoPOLITI-SHOCK! 9-26-24 "RECLAIM FREE SPEECH & OUR REPUBLIC"!! SAVE INFOWARS!!
77K6 -
1:00:16
Josh Pate's College Football Show
12 hours agoWeek 5 Upset Alerts | UGA vs Bama Impact | Failed Bold Predictions | Best Bets & Cole Cubelic Joins
98.8K19 -
59:08
The StoneZONE with Roger Stone
12 hours agoSanctuary City Advocate / NYC Mayor Eric Adams Goes Down - With Fmr NYPD Sal Greco | The StoneZONE
77.2K18 -
4:25:44
Tundra Gaming Live
12 hours agoThe Worlds Worst Horror Streamer Has Heart Attack Playing Phasmophobia
49K6 -
1:01:08
The Black and Jewish Podcast with Ashira Solomon
14 hours agoEp. 9 The Educated Don't Want to Hang Out With The Uneducated with Senator Rosalind Osgood
48.4K18