The average net salary increased to 5,242 lei in July this year, up 66 lei or 1.3%, compared to June 2024, while the average gross wage reached 8,580 lei in July, up 100 lei (+1.2%) compared to the previous month, according to data the National Institute of Statistics (INS) released on Thursday.Compared to July of the previous year, the average net wage increased 14.8%.The highest values of the average net earnings were recorded in the manufacture of coke work products and products obtained from the processing of crude oil (13,052 lei), and the lowest in the manufacture of clothing (3,054 lei).The real salary gain index was 108.9% in July 2024 compared to July 2023, and the real salary gain index was 100.7% in July 2024 compared to June 2024.Compared with October 1990, the real wage gain index was 253.3%, 1.7 percentage points higher than in June 2024.The INS mentions that during the year there are fluctuations in wage earnings, mainly due to annual bonuses and holiday bonuses, especially in the months taken as a basis of comparison (December, March/April). They influence the increases or decreases depending on the period in which they are granted, ultimately leading to a smoothing of fluctuations in monthly earnings over the whole year. The evolution of real wage earnings depends both on fluctuations in the average net wage and on the inflation rate, says the INS.In the budget sector, there were decreases in the average net wage income compared to the previous month in education (-4.3%), mainly due to the reduction in the amounts of hourly pay for teachers during the school vacation period, respectively in public administration (-0.4%).Average net earnings increased slightly compared to the previous month in health and social care (+0.2%).The average gross monthly gross wage gain is determined by reporting the gross amounts paid from the salary fund, net profit and other funds (excluding compensatory amounts, amounts paid retroactively as a result of winning in court the rights to benefits for previous years) to the average number of employees, says the INS.
MerchantPro, the SaaS eCommerce platform used by over 2,000 online stores in Romania, together with NETOPIA Payments, announces the launch of the AI Checkout solution with One Click Payment, opening the door to agentic payments in the local digital commerce space. The integration enables merchants in the MerchantPro ecosystem to activate one-click card payments with […]
The Romanian Customs Authority and the Ministry of Finance have submitted the country's bid to host the future EU Customs Authority (EUCA) in Bucharest. The EUCA is meant to help national customs authorities streamline processes for businesses, ensure the effective collection of duties and taxes for EU and national budgets, and reinforce the single market's […]
There are 17 legal public holidays in Romania in 2026, and 12 of them fall on weekdays. This means employees will have more time off without using their annual vacation days. The year begins with the possibility of an extended break, as January 1–2 fall on Thursday and Friday, while January 6–7 (the feast days […]
Chimcomplex, a producer and supplier of chemicals, has appointed Ștefan Vuza as Chief Executive Officer. The decision aims to “ensure direct coordination of the transformation process underway at Chimcomplex and to strengthen the company’s ability to navigate an economic context marked by strong pressure on competitiveness,” the company said. Chimcomplex, specializing in polyols, chlorosodium, and […]
FIRST, a new Romanian-developed digital real estate platform, launched on the local market with a technology-driven system that, the company says, is designed to help users make faster, more informed property decisions. Available as of this autumn, the platform uses updated data, advanced search filters, and lifestyle-based presentation tools to give buyers and renters clearer […]
Cargus, the first courier company on the Romanian market, is expanding its Ship & Go out-of-home delivery network through a new partnership with Carrefour, adding nearly 450 pick-up and drop-off points inside the retailer’s stores. More than 150 Carrefour hypermarkets, supermarkets, and Express locations will join the network by the end of this year, with […]
