- In August 2021, the average gross nominal earnings were 5688 lei, with 92 lei (-1.6%) lower than the one registered in July 2021. - The average net nominal earnings were 3487 lei, decreasing as against the previous month, with 58 lei (-1.6%). - The highest values of the average net nominal earnings were recorded in computer programming, consultancy and related activities (including information service activities) (8377 lei), while the lowest in manufacture of wearing apparel (1957 lei). August 2021 as compared to August 2020 - As compared to August of the previous year, the average net nominal earnings increased by 6.5 % . Earnings in relation with the evolution of consumer prices - The real earnings index1 was 101.2% for August 2021 in relation with the same period of previous year. - The real earnings index was 98.2% for August 2021 as against previous month. ? As compared to October 1990, the real earnings index was 223.0%, by 4.2 percentage points lower than the one recorded in July 2021. The average gross nominal earnings in Romania were 5,688 lei in August 2021, by 92 lei (-1.6%) lower than in July 2021, and the net average nominal earnings were 3,487 lei, down from the previous month by 58 lei (-1.6%), data published on Tuesday by the National Institute of Statistics (INS) show.The highest average net nominal earnings were reported in information technology service activities (including information service activities) (8,377 lei), and the lowest in clothing manufacturing (1,957 lei).Y-o-y, the August 2021 average net nominal earnings increased by 6.5%.The real earnings index was 101.2% in August 2021, y-o-y. The real earnings index was 98.2% in August 2021 on a monthly basis. As against October 1990, the real earnings index was 223.0%, 4.2 percentage points lower than that in July 2021.In the public sector, there were monthly decreases in the average net in education (-1.9%, due to cuts in the amounts representing the hourly payment of teacher the school holidays), public administration, namely healthcare and social assistance (-0.5% each).
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The INVL Renewable Energy Fund I, managed by INVL Asset Management, signed a EUR 29.3 million loan agreement with Kommunalkredit Austria AG (Kommunalkredit). The loan will be used to finance the construction of solar power plants with 71 megawatts (MW) of capacity in Romania. This is the second loan by Kommunalkredit to the fund. In […]
Romania’s Orșova Shipyard (BVB: SNO) has concluded five external contracts for the construction of five river vessels, with the total value of the contracts amounting to EUR 22.2 million, according to a report submitted to the Bucharest Stock Exchange. The contracts are commercial in nature and have an intra-community delivery, but the buyer cannot be […]
Four people died on Monday, July 28, following a naval incident in the Musura Gulf area, Sulina Branch, where a boat capsized, according to information provided by the Tulcea County Emergency Situations Inspectorate. Among the deceased is also a child. Of the 14 people who were reportedly on the boat that capsized, 10 are being […]
Romania’s ruling Social Democratic Party (PSD) will immediately promote in Parliament a package of measures to reduce privileges for board members of state-owned enterprises (SOEs), with a second fiscal package to follow in coordination with the upcoming budget revision, PSD leader Sorin Grindeanu said on July 28,
Romanian Prime Minister Ilie Bolojan, in an interview for G4Media on July 28, said that he will not immediately appoint another deputy prime minister to replace Dragoș Anastasiu, who resigned...
