The average monthly gross salary gain recorded at the level of the national economy in 2023 was 7,042 RON, by 15%, i.e. 916 RON, higher than the previous year, and the average net monthly salary gain amounted to 4,412 RON, an increase of 16, 1%, more precisely by 611 RON, according to the data published on Wednesday by the National Institute of Statistics (INS). (1 euro = rd 4.974 RON at end-2023)The highest values of average net monthly salary earnings achieved in 2023, compared to the average for the economy, were recorded in the following economic activities: information and communications (+94.6%), financial intermediation and insurance (+63.3 %), production and supply of electricity and thermal energy, gas, hot water and air conditioning (+62.0%), extractive industry (+42.2%), respectively public administration (+41.1%).At the opposite pole, the average monthly net salary earnings below the economy average were in the following economic activities: hotels and restaurants (-41.7%), other service activities (-36.0%), real estate transactions (-25, 9%), administrative service activities and support service activities (-21.2%), water distribution, sanitation, waste management, decontamination activities (-18.8%), performance, cultural and recreational activities (-18 .1%), agriculture, forestry and fishing (-15.9%), wholesale and retail trade; motor vehicle and motorcycle repair (-14.7%), manufacturing industry (-8.4%), transport and storage (-2.8%), respectively construction (-1.8%).Compared to the average for the economy, the average monthly cost was significantly higher in the economic activities of information and communications (+91.6%), production and supply of electricity and thermal energy, gas, hot water and air conditioning (+71.5 %), financial intermediation and insurance (+70.1%), extractive industry (+50.0%), professional, scientific and technical activities (+19.9%), public administration (+19.1%), respectively health and social care (+16.2%).The most relevant values of the average monthly cost below the economy average were recorded in the economic activities of hotels and restaurants (-41.8%), other service activities (-35.3%), agriculture, forestry and fishing ( -23.3%), real estate transactions (-22.5%), respectively administrative service activities and support service activities (-19.9%).The number of employees at the end of 2023 was 5,677.3 million people. Compared to the end of the previous year, the number of employees registered an increase of 70,200 people, of which 36,600 were female employees.At the end of 2023, the number of employees in private capital companies was the majority (76.8%) and registered an increase of 1.4% compared to the previous year.In addition, the distribution of employees according to the legal form of the enterprises showed that those employed in commercial companies represented 80.0% of the total number of employees at the end of the year, an increase of 1.4% compared to the previous year.
President Nicusor Dan signed on Thursday the decree appointing Prime Minister Ilie Bolojan as interim Vice Prime Minister on the areas coordinated by Dragos Anastasiu, the Presidential Administration informed.On 27 July, Dragos Anastasiu announced he was stepping down from the vice prime minister office, mentioning that he could no longer accept "being denigrated and thus […]
Prime Minister Ilie Bolojan continued consultations on Thursday with representatives of the Association of Communes of Romania, telling them there is a strong chance to overcome the current difficult period if the approach of "responsibility toward public funds" is maintained."The reform of local public administration will be part of the second package of government measures […]
Financing the National Recovery and Resilience Plan (PNRR) projects will continue for those already initiated and will stop only in case investment has not begun, where not a single euro was spent for construction, Development minister Cseke Attila explained on Thursday. “PNRR will not stop, neither will financing investments which have already been initiated, […]
The Justice Ministry announced on Thursday having developed in cooperation with the Finance Ministry and the National Tax Administration Agency a set of proposals to amend the Insolvency Law, which will be included in the second reform package.Some of the amendments provide for a higher recovery rate of the taxes and fees owed by insolvent […]
Romania is in the antechamber of recession, with the risk that its economy will decline in the third or fourth quarter, especially amid an increase in taxes, a significant drop in sales and record inflation at European level, says business consultant Adrian Negrescu."We are currently in the antechamber of recession. It is a moment […]
The Ministry of Culture announced on Thursday that is set to adapt national legislation for enforcing the European Media Freedom Act (EMFA), which supports media pluralism, editorial responsibility, protects journalists from abusive surveillance and intimidation, and provides protection for sources.According to a Culture Ministry release, the implementation in Romania of Regulation (EU) 2024/1083 of the […]
