The net average salary, increased to 5,176 RON in June this year, up by 58 RON (+1.1%) compared to May 2024, according to data published on Monday by the National Institute of Statistics (INS).The gross average gross salary was 8,480 RON, 125 RON (+1.5%) higher than in the previous month.The highest values of the net average earnings were recorded in publishing (11,614 RON) and the lowest in clothing manufacturing (2,798 RON).In June 2024, in most activities in the economic sector, the level of net average earnings increased as a result of occasional bonuses (quarterly, half-yearly, annual or performance bonuses), entitlements and financial assistance, amounts from net profit and other funds (including securities).Increases in net average earnings were also due to higher production achievements or receipts (depending on contracts/projects).In the pubic sector, there were increases in the net average earnings compared to the previous month in health and social care (+4.3%) and in public administration (+3.9%), mainly as a result of the application of the legal provisions in force.Compared to June of the previous year, the net average wage increased by 12.5%.The real wage index was 107.2% in June 2024 compared with June 2023. The real wage index was 100.9% in June 2024 compared to May 2024. Compared to October 1990, the real wage index was 251.6%, 2.2 percentage points higher than in May 2024.
Representatives of the ruling Social Democratic Party, PSD, gathered for a congress in Bucharest on Friday, November 7, to elect new leadership and to amend the party’s Statute. The only candidate for party leader is Sorin Grindeanu, who held the interim position after Marcel Ciolacu's resignation in May. In his speech at the congress, Sorin […]
The e-commerce sector recorded strong early results on Black Friday 2025, according to real-time data released on Friday, November 7, by PayU GPO Romania from its dedicated Media Center. By 14:10, the payment processor reported successful transactions totaling RON 514 million (roughly EUR 101 million). PayU said shoppers had made roughly 889,000 purchases, with around […]
Contakt Express Logistik, one of Romania’s leading retailers of mobile phone and tablet accessories, with a network of over 235 stores, is set to launch the initial public offering (IPO) between November 12 and December 3, 2025. The company offers a wide range of products, including cases, screen protectors, chargers, and gadgets, both in physical […]
Romania attracts fewer international tourists today than it did during the communist era, making it the only country in Europe in this situation, the National Association of Travel Agencies (ANAT) warned, as reported by news agency Agerpres. According to the organization, Romania received more than 3.4...
InterCapital ETF, the first international ETF provider in Romania, will launch two new exchange-traded funds on the Bucharest Stock Exchange starting November 11, 2025. The new instruments are the InterCapital CROBEX10 TR UCITS ETF, which offers exposure to the Croatian blue-chip equity market by tracking the performance of the CROBEX10tr index, and the InterCapital EUR […]
The Competition Councils of Romania, Bulgaria, and the Republic of Moldova have granted the necessary authorizations and approvals for the completion of the transaction through which Maspex Romania takes over the majority shareholding of Purcari Wineries. The Maspex Group, which has been present in Romania for nearly 30 years, became the majority shareholder of one […]
