The net average salary, increased to 5,176 RON in June this year, up by 58 RON (+1.1%) compared to May 2024, according to data published on Monday by the National Institute of Statistics (INS).The gross average gross salary was 8,480 RON, 125 RON (+1.5%) higher than in the previous month.The highest values of the net average earnings were recorded in publishing (11,614 RON) and the lowest in clothing manufacturing (2,798 RON).In June 2024, in most activities in the economic sector, the level of net average earnings increased as a result of occasional bonuses (quarterly, half-yearly, annual or performance bonuses), entitlements and financial assistance, amounts from net profit and other funds (including securities).Increases in net average earnings were also due to higher production achievements or receipts (depending on contracts/projects).In the pubic sector, there were increases in the net average earnings compared to the previous month in health and social care (+4.3%) and in public administration (+3.9%), mainly as a result of the application of the legal provisions in force.Compared to June of the previous year, the net average wage increased by 12.5%.The real wage index was 107.2% in June 2024 compared with June 2023. The real wage index was 100.9% in June 2024 compared to May 2024. Compared to October 1990, the real wage index was 251.6%, 2.2 percentage points higher than in May 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 […]
