The hourly labour cost in adjusted form (based on the number of working days) recorded a 10.34% increase in the second quarter of this year compared to the same period in 2024, and was 1.53% higher than in the previous quarter, the National Institute of Statistics (INS) reported on Wednesday.According to the INS, in Q2 2025 compared to Q1 2025, the hourly labour cost (adjusted for the number of working days) increased across most economic sectors.The most significant increases in hourly labour costs (adjusted) were witnessed in electricity, heat, gas, hot water and air conditioning production and supply (+12.60%), mining and quarrying (+7.50%), financial intermediation and insurance (+4.83%), transport and storage (+4.01%).The only sectors that recorded decreases in hourly labour costs (adjusted) were hotels and restaurants (-1.90%), arts, entertainment and recreation (-1.37%), administrative and support service activities (-0.99%), information and communications (-0.20%).Compared to the previous quarter direct (wage-related) labour costs rose 1.53%, indirect (non-wage) labour costs increased 1.44%.When compared to the same quarter of the previous year (Q2 2024), the hourly labour cost (adjusted) increased across all economic sectors.The most notable year-on-year increases were in construction (+15.04%), other service activities (+14.37%), manufacturing industry (+13.44%).The lowest increases in hourly labour cost (adjusted) compared to Q2 2024 were in public administration (+5.84%), education (+6.02%), health and social work (+6.12%).Compared to the same quarter of the previous year, in Q2 2025, the direct labour cost component (wages) increased 10.33%, while the indirect labour cost component (non-wage) went up 10.54%.
“Little London” Theoretical High School, a private educational institution in Romania that values the Romanian educational system, has started construction work for the expansion of its school campus located in Voluntari, on Erou Iancu Nicolae Street. This initiative will increase high school capacity by 30% starting from the 2025-2026 academic year. In this context, the […]
British heavy metal band Iron Maiden will perform at Bucharest’s National Arena on May 28, 2026, as part of their “Run For Your Lives” anniversary world tour, promoter Emagic announced on Thursday, September 18. The concert will feature a career-spanning setlist highlighting defining moments from the group’s five-decade history, accompanied by what organizers described as […]
Three-quarters of Romanians believe that the war in Ukraine affects Romania to a very great and fairly great extent, according to the third edition of the Informat.ro barometer by INSCOP Research, carried out between September 1 and 9. The monthly survey, which aims to bring to public attention topics of interest, shows that “opinions are […]
Daniela Schoppmeyer, the majority shareholder and general manager of Faberrom, a company that took over in the 1990s most of the spaces of the former APACA clothing factory in western Bucharest, is the new owner of half of the emblematic Scala residential block, on Magheru Boulevard, Profit.ro reported. Schoppmeyer...
The Bucharest Municipal Parking Company (CMPB) inaugurated 189 new parking facilities with more than 12,400 spaces in the first half of 2025, while revenues from parking fees rose 20% year-on-year to RON 50.4 million (roughly EUR 10 million), the company said on Thursday, September 18. CMPB reported a net profit of RON 28.3 million for January–June […]
Romania has inaugurated underwater seagrass meadows and artificial reefs in the Black Sea as part of a major restoration project aimed at curbing erosion and reviving marine biodiversity, the National Administration “Apele Române” said. More than 20 hectares of seabed have already been planted with Zostera noltii seagrass and transplanted with Cystoseira barbata seaweed, creating […]
