Romania: Map & History

History

Human remains found in Peștera cu Oase ("Cave with Bones"), radiocarbon date from circa 40,000 years ago, and represent the oldest known Homo sapiens in Europe. Neolithic agriculture spread after the arrival of a mixed group of people from Thessaly in the 6th millennium BC. Excavations at the Poiana Slatinei site near a salt spring next to Lunca, Neamț yielded the earliest evidence for salt exploitation in Europe; here salt production began between the 5th and 4th millennium BC. The first permanent settlements developed into "proto-cities", which were larger than 320 hectares (800 acres). The Cucuteni–Trypillia culture—the best known archaeological culture of Old Europe—flourished in Muntenia, southeastern Transylvania and northeastern Moldavia in the 3rd millennium BC.

Economy

In 2024, Romania had a GDP (PPP) of around $894 billion and a GDP per capita (PPP) of $47,203. According to the World Bank, Romania is a high-income economy. According to Eurostat, Romania's GDP per capita (PPS) was 77% of the EU average (100%) in 2022, an increase from 44% in 2007 (the year of Romania's accession to the EU), making Romania one of the fastest growing economies in the EU.

The Bucharest Stock Exchange (BVB) is the stock exchange of Romania, located in Bucharest. In 2024, the BVB boasted a $74 billion market capitalisation and a trading volume of $7.2 billion. As of 2024, 86 companies were listed on the exchange. In September 2020, FTSE Russell upgraded the BVB from a Frontier market to a Secondary Emerging Market.

Culture

There are 12 non-working public holidays, including the Great Union Day, celebrated on 1 December in commemoration of the 1918 union of Transylvania with Romania. Winter holidays include the Christmas and New Year festivities during which various unique folklore dances and games are common: plugușorul, sorcova, ursul, and capra. The traditional Romanian traditional clothing that otherwise has largely fallen out of use during the 20th century, is a popular ceremonial vestment worn on these festivities, especially in rural areas. There are sacrifices of live pigs during Christmas and lambs during Easter that has required a special exemption from EU law after 2007. In the Easter, traditions such as painting the eggs are very common.

Geography

Romania is the largest country in Southeastern Europe and the twelfth-largest in Europe, having an area of 238,397 square kilometres (92,046 sq mi). It lies between latitudes 43° and 49° N and longitudes 20° and 30° E. The terrain is distributed roughly equally between mountains, hills, and plains.