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100,000 Romanians earn more than 1,000 euros net per month

Autor: Adelina Mihai, Claudia Medrega

17.12.2010, 00:07 19

At least 100,000 Romanians earn net salaries of more than 1,000euros per month (4,300 RON), i.e. 2.3% of the 4.3 million salariedemployees, according to data centralised by the National House ofPensions and Other Social Security Rights (CNPAS) based on thenumber of insured at the end of September.
In spite of the recession seeing incomes down, the number ofsalaried employees earning more than 1,000 euros climbed by 1,800compared with the summer of economic boom year 2008.
"The 100,000 Romanians earning over 1,000 euros net per month isquite a realistic figure, their number could be 10-20% higher,because of the employees working in sales, who are paid on acommission basis. Outside Bucharest, in counties like Vrancea,Vaslui and Botosani, I don't think there are more than 50, 100 or afew hundred people at most earning more than 1,000 euros a month,"said Valentin Dima, consultant with executive search firm KM Trust& Partners. Wages in Romania remain the lowest in Europe,statistically. However, there are 500 cars with a starting price ofaround 200,000 euros on the streets of Romania, and 8,500apartments and houses worth over 100,000 euros have been sold inBucharest in the past three to four years, more than a quarter ofwhich cost more than 200,000 euros.

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