Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Expenses in 2023 for research and development activity...

Expenses in 2023 for research and development activity amounted to 8.29 billion RON, 0.51% of GDP

December 19, 2024

The expenses incurred in 2023 for the research and development activity amounted to 8.288 billion RON, representing 0.51% of the Gross Domestic Product, of which 0.19% for the public sector and 0.32% for the private sector, according to the centralized data of National Institute of Statistics (INS).At the end of 2023, 48,103 employees were working in research and development, down 1.9% compared to 2022.According to the cited source, in 2023 8.288 billion RON were spent on the four performance sectors of the research and development activity, of which 7.355 billion RON were current expenses (88.7%) and 933.2 million RON were capital expenses , respectively 11.3%.According to the funding sources of the total research and development expenses, in 2023, the sources provided by enterprises had the highest weight, respectively 54.2%, followed by public funds (including general public university funds), respectively 28.4% .In terms of funding sources, the largest amounts from public funds were received by units from the government sector, with a weight of 80%, followed by units from the higher education sector, with a weight of 43.7%.The sources of funding for the research-development activity from abroad were mostly directed towards the units of the business environment sector (47.9%), the higher education sector (33.9%) and the government sector (15.2%).On December 31, 2023, 48,103 employees worked in research and development, of which 22,182 were women, respectively 46.1%.At the end of 2023, according to the level of professional training of employees who worked in research and development, 40,873 employees had higher education.From the total number of employees involved in the research and development activity, 40.5% had doctoral studies and postdoctoral programs as their training level, 44.5% had higher bachelor's, master's and/or courses and postgraduate studies and 15% other training level (exclusively higher). Among employees with doctoral studies and postdoctoral programs, 50.2% were women.Depending on the hours actually worked, 73.3% of the employees who carried out research-development activity in 2023, worked full-time.By occupation category, in 2023 the largest share of employees from the research and development activity was represented by researchers, 64.8% of the total, respectively 31,182 employees, an increase of 1,345 employees, compared to 2022.  

Read in full - click here
Cirque du Soleil to bring "Ovo" show to Cluj-Napoca in April 2026

The famous show "Ovo" ("egg" in Portuguese), created in 2009 by Cirque du Soleil, is scheduled for April 23–26, 2026, at BT Arena in Cluj-Napoca.  So far, the classic Cirque du Soleil show has delighted over 7 million spectators in 40 different countries. Despite its age, it has been reimaged, with a new set, acrobatic […]

Energy group Electrica to list largest green corporate bond issuance in Romania

The state-owned group Electrica is set to list the largest green corporate bond issuance in Romania, worth EUR 500 million, on the Luxembourg and Bucharest stock exchanges. According to the company's press release, the European Investment Bank is one of the key participants in the issuance. Overall investor demand at the final price exceeded the […]

Wizz Air expands in Bucharest with new routes, additional aircraft at Băneasa Airport

Low-cost airline Wizz Air announced a major expansion of its operations in Bucharest, adding a second aircraft to its base at Băneasa Airport starting this October. The airline will relocate nine routes from Otopeni to Băneasa, five of which will be operated exclusively from the secondary airport.  At the same time, six new routes will […]

Inflation in Romania reaches 5.7% in June, up from 5.45% the month before

The annual inflation rate in Romania rose to 5.7% in June, up from 5.45% in May, according to data published on Friday, July 11, by the National Institute of Statistics. It is the highest level this year. The consumer price index, compared to May, was 0.45%. The inflation rate from the beginning of the year, […]

Taxi driver fined, barred from Bucharest airport after refusing passenger pickup

A taxi driver who refused to pick up a passenger at Bucharest’s Henri Coandă International Airport on Thursday night, citing the rule that prohibits the second car in line from leaving the queue, was fined and had his professional license suspended, according to the Romanian Police. Local news channel Digi24...

Southern Romania: New bridge over Buzău River opens for traffic

Local authorities in Buzău County, in the south-east of Romania, announced the opening for traffic of the new bridge over the Buzău River on Friday, July 11. At over 1.3 km in length, it is the second-longest road bridge in the country and is part of the Lot 1 Buzău – Vadu Pașii of the […]