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.
TEKUNI, a program dedicated to students and young entrepreneurs, was launched in Timișoara through a pilot project, with a future goal of nationwide expansion. The program offers a complete training path, structured into 7 modules that cover all stages of building a startup: from idea validation and MVP development to branding, marketing, legislation, finance, leadership, […]
The Romanian capital will be in the spotlight at the festival Un Week-end à l'Est, which runs in Paris until December 1. The event, which aims to present the artistic, literary, and intellectual richness of an Eastern European city, has previously focused on Warsaw, Odessa, Kyiv, Sofia, or Budapest. At its ninth edition, it is […]
Romanian tax agency ANAF has sued former president Klaus Iohannis in order to recover the loss of use of half of a property in the center of Sibiu. “The action represents a continuation of the steps that ANAF has taken for the recognition of the state’s ownership right and the recovery of compensation determined by […]
Romania will face Turkey in the semi-final of the World Cup qualifying play-offs, with the match scheduled to take place away from home on March 26 next year, Biziday.ro reported. A win would send the national team into the play-off final on March 31, where it would meet the winner of the Slovakia–Kosovo match. Romania […]
An exhibition showcasing various depictions of the traditional Romanian blouse ia, including Henri Matisse’s iconic La Blouse Roumaine, is opening this weekend in Bucharest, while Cluj is entering festive mode with...
Mercenary Horațiu Potra, who faces charges of attempting to undermine constitutional order in Romania, is being flown back to Bucharest under police escort after authorities in the United Arab Emirates approved his extradition,
