In the second quarter of 2021: ? the average number of pensioners was 5085 thousands persons, decreasing with 14 thousands persons as against of the previous quarter; average number of state social insurance pensioners was 4657 thousands persons, decreasing with 8 thousands persons as against of the previous quarter; ? the average monthly pension (is determined based on all amounts of pensions for all categories of pensioners –social insurance, invalidity, survivors etc.- paid by Pensions Houses1 ) was 1661 lei, increasing with 0.7% as against the previous quarter; ? the average state monthly social insurance pension was 1601 lei, and the ratio between the average nominal net pension of state social insurance for old age with full contribution stage (without tax and without health insurance contribution) and the average net earnings was 53.2% (as compared to 54.6% in the previous quarter); ? the real pension index as against of the previous quarter, calculated as the ratio between the nominal pension index (for calculation of real pension)* and the consumer prices index, was 99.2%. Second quarter of 2021 compared with second quarter of 2020 • As compared with second quarter of the previous year average number of pensioners decrease with 47 thousands persons, and the average number state social insurance pensioners decrease with 19 thousands persons; • Monthly average pension and average state monthly social insurance pension increased as compared with second quarter of the previous year, with 15.7% respectively 16.0%. Second quarter of 2021 compared with the first quarter of 2021 • The average number of pensioners decreased with 14 thousands persons as against of the previous quarter, while the average number of state social insurance pensioners decreased with 8 thousands persons; • The average monthly pension and the average state monthly social insurance pension increased as against of the previous quarter, with 0.7% respectively 0.3%. Second quarter 2021 The social insurance pensioners represent the majority ( 99.98%) of the total number of pensioners. The state social insurance pensioners represent 91.6% out of the total insurance pensioners. By categories of pensions, the number of social insurance pensioners was represented mainly (79.1%) by the number of old age pensioners. The anticipated and partial anticipated old age categories of pensioners represented 2.2%. The total ratio between the average number of state social insurance pensioners and the one of employees was of 9 to 10; this ratio varies widely at territorial level, from only 4 pensioners to 10 employees in Ilfov, to 16 pensioners to 10 employees in Teleorman county, 15 to 10 in Giurgiu county and 14 to 10 in Boto?ani and Vaslui counties. The average state monthly social insurance pension shows significant territorial disparities, the gap between the minimum and maximum value being 850 lei (1272 lei in Boto?ani county, 1279 lei in Giurgiu county, 1298 lei in Vrancea county as compared to 2122 lei Hunedoara county, 2024 lei in Bucharest, and 1886 lei in Brasov county). In the second quarter of 2021, the total number of beneficiaries of EGO2 no 6/2009 regarding the minimum guaranteed social pension (social indemnity) was 932.0 thousands persons, of which: • 792.6 thousands persons from state social insurance system, representing 17.0% out of the total pensioners of this category; • 134.8 thousands persons from the former system of farmers representing 57.9% out of the total pensioners of this category; • 4.6 thousands persons from military system, representing 2.5% out of the total of this category.
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 […]
