In the second quarter of 2021: ? the average number of pensioners was 5085 thousands persons, decreasing with 14 thousands persons as against of the previous quarter; average number of state social insurance pensioners was 4657 thousands persons, decreasing with 8 thousands persons as against of the previous quarter; ? the average monthly pension (is determined based on all amounts of pensions for all categories of pensioners –social insurance, invalidity, survivors etc.- paid by Pensions Houses1 ) was 1661 lei, increasing with 0.7% as against the previous quarter; ? the average state monthly social insurance pension was 1601 lei, and the ratio between the average nominal net pension of state social insurance for old age with full contribution stage (without tax and without health insurance contribution) and the average net earnings was 53.2% (as compared to 54.6% in the previous quarter); ? the real pension index as against of the previous quarter, calculated as the ratio between the nominal pension index (for calculation of real pension)* and the consumer prices index, was 99.2%. Second quarter of 2021 compared with second quarter of 2020 • As compared with second quarter of the previous year average number of pensioners decrease with 47 thousands persons, and the average number state social insurance pensioners decrease with 19 thousands persons; • Monthly average pension and average state monthly social insurance pension increased as compared with second quarter of the previous year, with 15.7% respectively 16.0%. Second quarter of 2021 compared with the first quarter of 2021 • The average number of pensioners decreased with 14 thousands persons as against of the previous quarter, while the average number of state social insurance pensioners decreased with 8 thousands persons; • The average monthly pension and the average state monthly social insurance pension increased as against of the previous quarter, with 0.7% respectively 0.3%. Second quarter 2021 The social insurance pensioners represent the majority ( 99.98%) of the total number of pensioners. The state social insurance pensioners represent 91.6% out of the total insurance pensioners. By categories of pensions, the number of social insurance pensioners was represented mainly (79.1%) by the number of old age pensioners. The anticipated and partial anticipated old age categories of pensioners represented 2.2%. The total ratio between the average number of state social insurance pensioners and the one of employees was of 9 to 10; this ratio varies widely at territorial level, from only 4 pensioners to 10 employees in Ilfov, to 16 pensioners to 10 employees in Teleorman county, 15 to 10 in Giurgiu county and 14 to 10 in Boto?ani and Vaslui counties. The average state monthly social insurance pension shows significant territorial disparities, the gap between the minimum and maximum value being 850 lei (1272 lei in Boto?ani county, 1279 lei in Giurgiu county, 1298 lei in Vrancea county as compared to 2122 lei Hunedoara county, 2024 lei in Bucharest, and 1886 lei in Brasov county). In the second quarter of 2021, the total number of beneficiaries of EGO2 no 6/2009 regarding the minimum guaranteed social pension (social indemnity) was 932.0 thousands persons, of which: • 792.6 thousands persons from state social insurance system, representing 17.0% out of the total pensioners of this category; • 134.8 thousands persons from the former system of farmers representing 57.9% out of the total pensioners of this category; • 4.6 thousands persons from military system, representing 2.5% out of the total of this category.
Romanian author Mircea Cărtărescu is on the longlist for this year’s International Booker Prize, the influential award for translated fiction, with the novel Solenoid, translated into English by Sean Cotter and published at Pushkin Press. He is the first Romanian author to be longlisted for the prize, alongside 12 other authors nominated for the International Booker […]
Investors from Western Europe, particularly Austria, the Netherlands, Belgium, and the United Kingdom, have been the most active buyers of real estate assets in Romania over the past five years (2019–2024), making investments totaling EUR 1.75 billion, according to data from real estate consultancy Cushman & Wakefield Echinox. The Western European's market share accounted for […]
On Tuesday, February 25, the Bucharest Stock Exchange (BVB) granted 20 awards to listed companies, brokerage companies, as well as to private pension and investment funds for their achievements in 2024 as part of the 12th edition of the BVB Awards. In the opening speeches, stock exchange officials also highlighted the growth of the local […]
Romanian football club FCSB announced on Tuesday, February 25, that its website has been targeted by a Distributed Denial of Service (DDoS) attack, which has caused disruptions in the online ticketing process. The incident occurred as the Bucharest team was selling tickets for the match against Olympique Lyon in the Europa League round of 16. […]
The training program in sustainable development runs from April to July 2025, in 5 development regions of Romania. The postgraduate course targets over 1,200 future experts in sustainable development, who will become local leaders of change. The total value of the training program is RON 5.3 million, with funding entirely sourced from the National Recovery […]
A new report from Colliers highlights significant trends in Romania's housing market for 2025, revealing a continued rise in home prices, limited new supply, and increased demand for rental properties. The findings show that while housing deliveries fell by 15% nationwide and over 20% in Bucharest, demand increased by 7% in 2024. As a result, […]
