The nationwide average gross monthly salary in 2022 was 6,126 RON, by 10.7 percent (+591 RON) higher than in the previous year, while the net pay was 3,801 RON, up 11.3 percent (+385 RON) from 2021, shows data released on Friday by the National Institute of Statistics (INS).The sectors to see the highest average net monthly earnings in 2022 compared to the average across the economy were: information and communications (+102.4 pct), financial intermediation and insurance (+65 pct), the production and supply of electricity and thermal energy, gas, hot water and air conditioning (+57.4 pct), public administration (+46.5 pct), the mining industry (+44.0 pct), professional, scientific and technical activities (+26.2 pct).Conversely, the industries with below-average monthly net earnings were hospitality (-43 pct), other service activities (-37.4 pct), real estate transactions (-27.7 pct), administrative and support services (-23.4 pct), water distribution, sanitation, waste management, decontamination activities (-18.8 pct), entertainment, cultural and recreational activities (-15.3 pct), wholesale and retail trade; motor vehicle and motorcycle repair (-15.2 pct), agriculture, forestry and fishing (-14.5 pct), the manufacturing industry (-9.5 pct), transport and storage (-8.8 pct), construction (-7.8 pct).According to INS data, the 2022 real wage index (expressed as the ratio of the net nominal salary to the population's consumer price index) was 222.4 percent compared to 1990, 5 percentage points lower than in 2021.The average monthly labor cost in 2022 was 6,426 RON/employee, 10.8 percent up from the previous year.According to data released by INS, the number of employees at the end of 2022 was 5.6 million, by 90,800 more than in 2021, of whom 63,900 females.At the end of 2022, employees with privately-owned companies represented the majority (76.7 percent) and were by 1.9 percent more compared to the previous year.Employees with trading companies accounted for 79.8 percent of the total number of employees at the end of the year, by 1.7 percent more compared to 2021.
The Romanian state, through the Ministry of Transport led by Ciprian Şerban, is analysing the possibility of taking over the 20% stake that Fondul Proprietatea (BVB: FP) holds in Porturi Maritime Constanţa (CNAPMC). The move would make the state the sole shareholder of Romania's most important logistics hub, responsible for import-export, transit, storage, and operation […]
Romanian companies are increasing investment and accelerating digital transformation, but remain more cautious about the economic outlook than their EU counterparts, according to the European Investment Bank's newly released EIB Investment Survey 2025 – Romania overview. The report showed that 78% of Romanian firms invested in the past year, an improvement over previous editions yet […]
Wizz Air announced on Monday, December 8, the reopening of its base in Târgu Mureș, marking the company’s ninth operational base in Romania. The low-cost carrier will station an Airbus A320neo at Transylvania International Airport, increasing its Romanian fleet to 39 aircraft this winter. Wizz Air now offers 10 routes to eight countries from […]
East Grain Group and Poultry Investment SA have acquired the 45% stake previously held by UBM Group in UBM Feed Romania, thus becoming equal shareholders in one of Romania's largest feed producers, which will now operate under the brand Protena. East Grain is controlled by Czech agri-food group Agrofert, one of the largest agribusiness groups […]
The Foreign Investors Council (FIC) has appointed Ruxandra Băndilă as its executive director. Băndilă will coordinate FIC's activity and "will contribute to strengthening the dialogue with authorities, consolidating the organization's positioning as a reliable partner in promoting a stable and predictable business environment, as well as supporting Romania's becoming a competitive and attractive destination for […]
Romania’s European projects and investments minister, Dragoș Pîslaru, announced that he will notify the European Public Prosecutor’s Office (EPPO) regarding the purchase of electric minibuses for students with EU funds. The minister said that “multiple dysfunctions” were noted in how the EU funds were used in the project. Aside from notifying the EPPO, the minister […]
