Social/Politics
INS: Romania Had Some 4.98 Million Pensioners, Monthly Average Pension Of RON2,125 At End-2023
Romania had some 4.98 million pensioners at the end of 2023, fewer by 11 thousand people than in the fourth quarter of 2022, and the monthly average pension was RON2,125, up 13.9%, according...
European Commission Approves EU241M Aid For Romanian Farmers
The European Commission approved on Friday (Feb 9) an aid scheme worth EUR241 million (RON1.2 billion) notified by Romania to support agricultural producers, in the context of the war waged...
Industrial Parks Held By Oradea City Hall Attracted Investments Worth Over EUR28M In 2023
The Local Development Agency, a public company having the city of Oradea as majority shareholder, attracted total investments of EUR28.3 million in 2023, which will create 10,200 jobs until...
Coface Risk Barometer: Romania’s Risk Assessment Upgraded From B To A4
After a somewhat turbulent 2023, which ultimately turned out much better than expected, 2024 is shaping up to be as decisive as it is uncertain, both in (geo)political terms, with more than...
Labor Ministry: Romania Ends 2023 With Record High Of New Labor Contracts
Romania ended 2023 with a record high of new labor contracts, nearly 100,000 more than in 2022, the country's labor ministry said in a statement.
Mandatory Private Pensions Funds In Romania Paid Over RON2B To 153,000 Beneficiaries In Last 15 Years
Private pension funds in Romania on the mandatory (Pillar II) segment made payments worth over RON2 billion (EUR400 million) to almost 153,000 participants and heirs (beneficiaries) in the l...
Statistics Board: Agricultural Land Prices In Romania And EU Member States In 2022
Data from the country's statistics board INS provided on December 21, 2023 show that Romania has high prices for the arable land.
Analysis: 65% Of Romanians Have No Emergency Fund
65% of Romanians wouldn't be able to cover their expenses for even a week if they were to run out of income, nearly half (46%) of the population doesn't save any money, and of the people who...
Statistical Data: 17,916 Housing Units Put Into Use In Romania YoY In Q3/2023
A total 17,916 housing units were put into use in Romania in the third quarter of 2023, 2,307 fewer units than in the same period of 2022, provisional data from the country’s statistics boar...