The net average salary increased by 70 RON (1.4pct) in September this year, up to 5,228 RON, according to data published on Tuesday by the National Institute of Statistics (INS).The gross average salary was 8,553 lei, by 110 RON (+1.3pct) higher than in August 2024.The highest values of the net average salary were recorded in information technology services (11,626 RON), and the lowest in manufacture of clothing (3,016 RON).In September 2024, in most activities in the economic sector the level of the average net salary increased compared to August 2024, as a result of the granting of occasional bonuses (quarterly, annual bonuses, for special performances or for "Oilman's Day"), rights in kind and monetary aid, amounts from the net profit and from other funds (including securities). Also, the increases in the net average salary were due to production achievements or higher receipts (depending on the contracts/projects), according to the INS.The most significant increases in the net average salary earnings were recorded in the extraction of crude oil and natural gas, by 13.3pct, and in the manufacture of coke oven products and products obtained from crude oil processing, by 12.7pct.At the opposite side of the scale, the decreases in the average net salary were determined by the granting, in the previous months, of occasional bonuses, rights in kind and monetary aid, amounts from the net profit and from other funds (including securities). Also, the decreases in the average net salary were determined by production failures or lower receipts (depending on the contracts/projects).The most significant decreases in the net average salary earnings were recorded in activities auxiliary to financial services, insurance activities and pension funds - minus 11.6pct.Compared to September of the previous year, the net average salary increased by 13.8pct.The real salary earnings index was 108.8pct in September 2024 compared to September 2023 and 101.1pct compared to August 2024.Compared to October 1990, the index of real salary earnings was 251.2pct, 2.5 percentage points higher than the one recorded in August 2024.
Homedit, a Romanian brand of premium furniture and home décor, announces the official opening of its first showroom, located in an interwar house in central Bucharest ("The Bamboo House”, located at No.3, Dumbrava Roșie St.). With a total investment of approximately EUR 12 million, the business was founded in 2016 as an online store by […]
The 32nd edition of the Sibiu International Theatre Festival (FITS) begins on Friday, June 20, bringing over 5,000 artists from 82 countries to the city. The events will take place over ten days and will transform the city into an "open-air stage, with large-scale productions, impressive installations, parades, fire shows, live music, aerial dances, and […]
The well-known science and nature channel Discovery is currently marking four decades since its global launch in 1985 with a special series titled "Discovery Changed My Life,” bringing testimonies from personalities whose vision was shaped by Discovery. Among those featured is also Romanian mountaineer and conservationist Alex Găvan. The series premieres on Sunday, June 22, […]
Meta Estate Trust (MET), a holding company operating in the real estate sector, has invested approximately EUR 2 million in a new retail park currently under development in Ciolpani, a commune located on the Bucharest–Ploiești corridor (DN1), it said. The project is scheduled to be completed and handed over to tenants this year, with an […]
Romania benefits from a series of favorable factors that facilitate the growth and expansion of data center capacity and could emerge as a developing market, according to an analysis conducted by the real estate consultancy company Cushman & Wakefield Echinox. A diversified energy mix, with over 50% of energy production coming from renewable sources, along […]
The German company DEHN, a manufacturer of electrical engineering solutions for critical infrastructure, including lightning and surge protection, as well as safety equipment, will open a production site in Piteşti, southern Romania. The facility, the company's first in the country, will expand its capacities to serve customers in Europe. It fits seamlessly into the company's […]
