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.
June is the richest month. The most awaited two weeks in my annual festival pilgrimage. The route starts with Romania’s Transilvania International Film Festival (TIFF), followed by Italy’s (and the world’s) most comprehensive festival for restored and archival film: Il Cinema Ritrovato. To shake up the traditional article on the two, I’ll start with the […]
Different Beauty, a recently opened exhibition of works by Czech photographer David Těšínský, offers a glimpse into everyday life in the war-torn region of Donbas in 2017. The photos were taken within the span of only a few days, as Těšínský traveled to eastern Ukraine to document the lives of women impacted by war. In […]
Different Beauty, a recently opened exhibition of works by Czech photographer David Těšínský, offers a glimpse into everyday life in the war-torn region of Donbas in 2017. The photos were taken within the span of only a few days, as Těšínský traveled to eastern Ukraine to document the lives of women impacted by war. In […]
Roughly 70% of Romanians are “very” or “moderately” concerned about how AI accesses and uses their data, according to the latest survey conducted by RoCoach in partnership with Novel Research between May and June 2025. Distrust in automated decision-making and the demand for regulation are becoming more pronounced, as Romania rolls out major digitalization projects […]
The Armenian Street Festival returns for a 9th edition between August 1 and 3, 2025, in the “Dimitrie Brândză” Botanical Garden in Bucharest. The festival brings into focus the living heritage of the Armenian community in Romania and the diaspora. According to the organizers, this year’s edition aims to strengthen the Bucharest–Chișinău–Yerevan cultural axis, articulated […]
The Romanian mergers and acquisitions market registered a total of 122 announced transactions in the first half of 2025, with a value exceeding EUR 2.7 billion, marking a slight increase of 6% in volume and 4% in value compared to the same period last year, according to an analysis by George Ureche, partner at PwC Romania. […]
