The average net wage in Romania rose 9.7% y/y to RON 5,328 (EUR 1,070) in January, marking the slowest annual real growth rate (+4.7% y/y) since May 2023.
Wages are expected to lose momentum through 2025, after the 4.4% and 7.7% advance, in real terms, during 2023 and 2024.
The government’s forecasting body expects a 1.6% y/y real advance of the average net wage in 2025 to return just above 3% per year in the coming years. If the government sticks with plans to keep...
This article series tells the stories of the 15 finalists selected in the BVB Arena program. BVB Arena is the flagship program of the Bucharest Stock Exchange, dedicated to developing and promoting the Romanian entrepreneurial environment. The program’s goal is to select and promote Romanian companies that have the greatest growth potential and high chances […]
Licensed in the autumn of 2023 by the Financial Supervisory Authority (ASF) and launched for trading in January 2024, Stock.estate reports a total of over EUR 1 million in investments attracted into local real estate assets. Stock.estate is a crowdfunding platform—the first of its kind authorized by the ASF in Romania and the only operational […]
AGISTA, the Romanian growth equity alternative investment fund backed exclusively by private capital, has received authorization from the Financial Supervisory Authority (ASF). This milestone enables AGISTA to expand access to capital for high-potential Romanian companies and to actively contribute to the development of the local private equity ecosystem.. The decision confirms AGISTA’s...
Neversea Kapital unveiled the first artists that will perform at Bucharest's National Arena on July 4-6. First names include Charlotte de Witte, Axwell (of Swedish House Mafia), Alok, and Korolova. Joining them are Salvatore Ganacci, Lost Frequencies, Deborah De Luca, Nina Kraviz, Claptone, Sickick, MËSTIZA, Kshmr, Don Diablo, Steve Aoki, Kaaze, Nervo, and Mau P. Made […]
Romania’s famous Constanța Casino has reopened for visitors after renovation work that lasted five years and cost RON 200 million (EUR 39.5 million). The landmark building is already open and can be visited for free until Sunday, May 25, with a reservation, as part of the city’s celebrations. The first visitors were met with a […]
Furniture retailer IKEA announced the opening of its first Plan and Order Point in Bucharest. Located in Orhideea area, it is the second such location in Romania, following the launch in the seaside city of Constanța last year. The Plan and Order Point offers customers assistance in planning various areas of their homes and ordering […]
