- 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).
Graffiti Plus (GRF+), active in Romania's communication consulting market, has signed the contract for the National Recovery and Resilience Plan (PNRR) funding for its listing on the AeRO market of the Bucharest Stock Exchange (BVB). GRF+ is also preparing to launch the private financing round it is conducting as a first step toward its debut […]
The wooden church from the village of Oncești, one of the oldest monuments in the heritage of the Maramureș Village Museum “Mihai Dăncuș” in Sighetu Marmației, has been restored. The church has now returned to the tourist circuit through the support provided by the US Ambassadors Fund for Cultural Preservation, in a project coordinated by […]
The Bucharest Stock Exchange (BVB) announced the establishment of its Corporate Governance Committee on Thursday, December 4, to support the implementation of the revised 2025 BVB Corporate Governance Code. Romania’s capital market recently celebrated 30 years of activity and is undergoing significant corporate governance reform. The revised BVB Corporate...
Daniel Băluţă, the mayor of Bucharest's District 4, signed the order to start work on the extension of the M4 subway line on Thursday, December 4. The investment is valued at EUR 3.5 billion and the route will be 11 kilometers long, between Gara de Nord and Gara Progresul railway stations. The extension will have 14 […]
Ten entrepreneurs and executives have launched Food Angels Hub, a community of investors dedicated to the food sector. The aim of the hub is to “develop and scale functional and profitable companies in the food, hospitality and food-tech sectors” and “turn Romania into a reference point for food innovation in the CEE region.” The founders […]
Romanian developer IULIUS announced that it secured a syndicated loan facility amounting to over EUR 305 million for its Palas Iași mixed-use complex. The financing is provided by a consortium made up of Erste Group Bank Austria, BCR, Raiffeisen Bank Romania, and Raiffeisen Bank International Austria. The loan will support the remodelling of Palas Iași […]
