Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Average net salary/month reaches 4,412 RON in 2023,...

Average net salary/month reaches 4,412 RON in 2023, with HoReCa sector lowest values

October 24, 2024

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.

Read in full - click here
Report: Demand for logistics and industrial spaces shows 20% decline YoY in Romania

The demand for logistics and industrial spaces reached 575,000 sqm during the first 9 months of this year, a decrease of 20% compared with the same period of 2023, according to a report by real estate consulting company Cushman & Wakefield Echinox.  The figures for Q3 2024 reveal that 164,000 square meters were contracted, a […]

Renowned violinist and conductor André Rieu to perform in Cluj-Napoca in 2025

Dutch classical music star André Rieu will return to Romania for two concerts at BTarena in Cluj-Napoca on November 13 and 14, 2025. Rieu’s concerts in Romania, where he enjoys a high degree of popularity, have set multiple attendance records. In 2015 and 2016, he performed nine sold-out shows in Bucharest’s Constitution Square for over […]

Rammstein frontman Till Lindemann to perform in Romania in December 2025

Till Lindemann, the frontman of famous German rock band Rammstein, will embark on his "Meine Welt" tour across European arenas in the fall of 2025. Among his stops he is scheduled to perform in Romania on December 4, 2025, at Romexpo in Bucharest, as announced on his official website.  The "Meine Welt" tour will take […]

HR Summit 2024: The influence of innovative technologies on recruitment and retention in Romania

HR Summit, one of the most important events dedicated to the human resources industry in Transylvania, will take place under the theme Shifting Priorities: Talent, Technology, and Trust, on Friday, November 22, at Radisson Blu Hotel in Cluj-Napoca. This year's edition of HR Summit focuses on leadership, employee well-being, the introduction of innovative...

Impact Creators: 14 CEE startups selected in the accelerator, including from Romania

Fourteen Central and Eastern European startups (CEE) have been selected for the first edition of the Impact Creators accelerator, Impact Hub Bucharest and PurposeTech announced. The application period attracted 133 proposals from 18 countries. The startups will participate in an intensive program to accelerate their businesses, which will end with a Pitch Day. The most […]

Romanian cosmonaut Dumitru Prunariu shares his space journey at MINA Cluj event

The immersive art museum MINA Cluj will host a special event featuring Dumitru Prunariu, the only Romanian who flew in space. Scheduled for November 24, the event will give the public the opportunity to hear the stories directly from the one who represented Romania in the Soyuz 40 mission in 1981, carried out as part […]