The average net salary in Romania increased by 1.6% in nominal terms in November 2023 compared to October 2023, to 4,765 (EUR958), data from the country's statistics board INS showed on Friday (January 12, 2024).
Romania's annual inflation kept its downward trend in December 2023, ending the year at 6.6%, compared to 6.7% in November 2023 and 8.1% in October 2023.
Companies in Romania have over EUR5 billion available in the first half of this year under the form of non-reimbursable funding schemes due to be launched on the market, which can be used for investments in green energy, building materials production, food industry, agriculture and others, reveals an analysis by consulting firm REI.
ROCA Industry, a building materials holding majority held by ROCA Investments, has approved the issue of more than 14 new shares within a private placement totally worth RON140.7 million, in the context of the second stage of its capital increase.
Emirates group, made up of Emirates Airlines, the world’s largest international airline, and dnata, a major global air services provider, currently has more than 200 positions available globally for its IT team, with Romania being among the countries where the group is actively seeking IT specialists.
IPEC company, owned by Covaciu family, one of the main IKEA suppliers locally, currently has 50 jobs available at the porcelain plant of Alba Iulia.
Cigarette wholesaler Punctual Comimpex owned by entrepreneur Vasile Muresan, has for 2024 budgeted turnover worth RON1.2 billion (EUR241.5 million), up from 2023, when it expected turnover of RON1.06 billion (around EUR213 million).
Limitless Agency, a digital marketing agency, wants to enter the US market in 2024, counting on platforms such as Google or Facebook, according to Daniel Slavenie, CEO & partner.
Building materials producer Cemacon says 2023 brought, for the second year in a row, a significant contraction of the market it operates on, mainly amid slowing housing sector. Nevertheless, the company made further investments and plans to continue to do so.
The company Termoplast, based in Roman (Neamt County), a producer of PVC and aluminum doors and windows, controlled by local entrepreneurs, ended 2023 with a turnover of EUR18.5 million, up 23% from 2022.