The average net salary in Cluj County is 40-45% higher than in other counties in the North-West Region, according to data released on Friday by the Bistrita-Nasaud Regional Directorate of Statistics.The North-West Region includes the counties of Bihor, Bistrita-Nasaud, Cluj, Maramures, Satu Mare, and Salaj.The published statistics refer to the average salary recorded from January to August, both at the regional level and in each of the six counties.In August, for example, the average monthly income in Cluj County was close to 6,100 lei, while in Bihor, which ranked second in the regional standings, it was 4,322 lei, and in Bistrita-Nasaud, the lowest-ranked county, the average net salary was 4,186 lei.Compared to August 2023, the average net salary in Cluj increased by 8.64%, while in Bistrita-Nasaud, the increase was 16%.At the end of August, there were over 804,000 employees registered in the North-West Region, with 60% working in services, 38% in industry and construction, and the remaining 2% in agriculture, forestry, and fishing.The number of unemployed persons at the same time was approximately 28,800, with a regional unemployment rate of 2.6%, an increase of 0.5 percentage points compared to August 2023.Regarding industrial production in the first eight months, the North-West Region experienced a slight decline compared to the same period in 2023.Industrial production increased in Cluj County (up 10%) and Satu Mare (approximately 6%), while declines were noted in the other counties, particularly in Bistrita-Nasaud (down 12%) and Maramures (down 11.6%).The Bistrita-Nasaud Regional Directorate of Statistics also published data on international trade in goods for the first six months of the year, indicating that imports, estimated at nearly 5.86 billion euro, exceeded exports by about 400 million euro.The counties with the most significant share in foreign trade are Cluj (exports of 1.5 billion euro and imports of 2.35 billion euro) and Bihor (exports of 1.46 billion euro and imports of 1.49 billion euro).Maramures, Salaj, and Satu Mare are the only counties in the region that export more than they import, with their exports in the first semestre of the year accounting for about 40% of the regional total.
Romanian prosecutors conducted house searches in 12 locations in Bucharest and two in Târgu Mureș on Wednesday, November 26, in a case targeting former employees of bankrupt insurer Euroins. Specifically, the searches targeted 10 individuals who held executive management positions within Euroins, as well as the headquarters of legal entities controlled by the Bulgarian shareholders […]
Prices in Bucharest’s premium residential market have doubled over the past few years, reaching record highs amid a severe shortage of supply in the city’s most exclusive neighborhoods, Cushman & Wakefield Echinox said. Areas such as Primăverii, Kiseleff, Aviatorilor, and Dorobanți continue to dominate demand. Over the past 2 or 3 years, prices for premium […]
The Romanian Consulate in New York shared on social media the story of George Pomuț (George Pomutz, born Gheorghe Pomuț), the Romanian-American who facilitated the sale of Alaska to the US. Despite his role in US history, the Romanian is largely unknown today, the Consulate noted. Pomuț was born in the Hungarian town of Gyula, […]
Shares of Cris-Tim Family Holding (BVB: CFH) began trading on the Bucharest Stock Exchange on November 26 after an IPO worth RON 454.35 million (EUR 89.3 million) conducted last month. Cris-Tim is now the largest entrepreneurial company in the food sector on the BVB Main Market. The funds raised from institutional and over 8,000 retail […]
The Fabrica de Glucoză area is undergoing one of the fastest urban transformations in Bucharest, strengthening its position as one of the most dynamic residential and investment hubs in the northern part of the city. The modernization of infrastructure, the reconfiguration of the Dimitrie Pompeiu – Fabrica de Glucoză – Pipera axis, and the overall […]
Furnica Hotel, located near the famous Peleș Castle in the mountain town of Sinaia, and one of the landmark buildings of the Peleș Royal Domain, has been officially put up for sale by the Royal House of Romania. The hotel, whose initial purpose was to serve as housing for the staff employed by the Royal […]
