Bill On Social Security Tax Transfer Does Not Require Companies To Raise Gross Wages

today, 10:05

The bill to modify the Fiscal Code to move the tax obligations from the employer to employee does not include any obligation for companies to raise the gross wages of the employees to keep their net wages unchanged.

ZF NEWSRSS

Estee Lauder Relies On Retail And Online Sales For Further Growth In Romania
today, 10:08

US luxury cosmetics giant Estee Lauder entered Romania two decades ago, and last year posted more than EUR10 million sales for the first time.... more
Ramada, Best Western And Hilton Got More Than Half Of Romanian Hotels Affiliated To International Brands
today, 10:07

International hotel groups have 51 hotels in Romania at the moment and the market is expecting new openings under such brands as ibis, Mercure,... more
Press Review - October 23, 2017
today, 09:00

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Romania Imports EUR14.5M Worth Of Garlic
today, 00:00

Romania imported more than 65 million lei (EUR14.5 million) worth of garlic last year, five times more than it imported five years ago, according... more
Romania PM Says Net Wages Won't Fall Due to Social Security Transfer
10.20.2017

Romanian Prime Minister Mihai Tudose said Friday net wages won't fall after social security contributions are transferred from employers to employees. more
Kestral International Opens Office In Romania
10.20.2017

Kestral International, specialized in providing solutions for industry, has opened an office in Romania to strengthen access for its clients to... more
Telekom Romania To Sell Tandem Building; Starting Price Estimated At EUR8M
10.20.2017

Telekom Romania, one of the largest providers of fixed and mobile communications services on the local market, is ready to sell the “Tandem”... more
Electrica SA Grants Intercompany Loan Of RON100M To Electrica Furnizare SA
10.20.2017

The Board of Directors of electricity distribution and supply company Electrica SA (EL.RO) has approved the granting by Electrica SA of a revolving... more
Romanian Transgaz Gets EUR50M EIB Loan to Fund First Stage of BRUA Pipeline
10.20.2017

Romanian natural gas transmission company Transgaz (TGN.RO) will get a EUR50 million loan from the European Investment Bank to finance the first... more
Calipso Expects 22% Higher Turnover In 2017
10.20.2017

Water bottler Calipso sold over 160 million liters of water in January-September 2017, 20% more than in the year-earlier period, due to the... more
Franchise Market In Romania Has The Potential To Double In Five Years
10.20.2017

The franchise market in Romania - more than 400 concepts, is headed towards EUR3 billion revenue by yearend and has the potential to double in the... more
Ursus Headed Towards EUR400M Sales In 2017
10.20.2017

Ursus Breweries, the largest brewer in Romania, posted 8% to 10% higher sales in the first half compared with the year-ago period and its growth... more
Press Review - October 20, 2017
10.20.2017

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Skanska Has Three Tenants For First Campus 6 Building
10.20.2017

Swedish-held developer Skanska has signed head of terms agreements with three companies for the first phase of the Campus 6 project near the... more
Transport And Logistics Becomes Third Largest Sector in Romanian Economy
10.19.2017

Transport and logistics, a sector operated by 53,000 companies in Romania, reached a total turnover of RON75.3 billion in 2016, 6% higher compared... more
ANCOM: Over 4.2 Million Phone Numbers Ported In Romania In Nine Years
10.19.2017
4,000 Healthcare Workers Protest Romania’s Unitary Pay Law
10.19.2017
Romania Rejects All Bids for March 2022 Bonds
10.19.2017
EIB Granted EUR13B Worth Of Financing To Romania In Last 25 Years
10.19.2017
Cristian Stefanescu, Multi-Brand Operator: Staff Shortage Is The Biggest Challenge
10.19.2017
Nestlé Romania Posts 11% Higher Turnover In January-September 2017
10.19.2017
Farmec Launches Nearly 100 Products Annually
10.19.2017
UniCredit Leasing Gets RON150M Loan from IFC to Support SMEs
10.19.2017
Ikea And Heineken, Among Tenants Of New Warehouse Built By Logicor In Mogosoaia
10.19.2017
Raluca Stanciu, Francize.ro: „The Market Is Growing From One Year To Another And We Do Things Together”
10.19.2017

more news

BCR CEO: Romania Must Provide Confidence For Erste And BCR To Buy Risk

Romania is going through a favorable time for its economy, for business, customers are better prepared but we must not let ourselves be

BRD-Groupe Société Générale And UniCredit Bank Grant Over EUR177M Loan To A&D Pharma

BRD-Groupe Société Générale and UniCredit Bank is granting a syndicated loan worth over EUR177 million to pharmaceutical group A&D

Study: Romanian Entrepreneurs More Optimistic About Their Businesses Than European Average

Nearly half (49%) of Romanian entrepreneurs said they started their own business to feel more secure about their own future, according

C&W Echinox: Bucharest Logistical and Industrial Space Stock Grew Tenfold in 13 Years

The modern logistic and industrial space stock in Bucharest grew nearly ten times in the past 13 years, to nearly 1.2 million square

OMV Petrom Invests EUR5M In Modernizing Test Center At Petrobrazi Refinery

OMV Petrom, the largest oil and gas producer in Southeastern Europe, on Wednesday said it invested nearly EUR5 million in modernizing

Giant Bond Issue On Bucharest Stock Exchange As Globalworth Seeks To Raise EUR550M

BT Capital Partners, a top five broker in Romania, has been entrusted with the listing of the Globalworth bonds on the Bucharest Stock

Timken Opens $60M Bearing Plant in Ploiesti

US company Timken opened a new bearing factory in Romania Tuesday, near Ploiesti, following an investment of $60 million.

NEPI To Inaugurate Shopping City Ramnicu Valcea By End-2017

South-African investment fund New Europe Property Investment (NEP.RO), the largest player on the Romanian real estate market, has

ManpowerGroup: Romanian Employers Forecast Steady Job Gains In Q3/2017

28% of Romanian employers plan to add to their payrolls in the July – September 2017 timeframe, according to the Q3 edition of the

Brisegroup Budgets EUR7M Investments In Building And Upgrading Silos

Brisegroup, one of the largest grain traders and farm input wholesalers in Romania, plans to invest EUR7 million in the completion of a

Continental Plans To Boost Staff Numbers In Romania By 1,500 In 2017

Continental, one of the world’s largest car parts manufacturers, said it plans to increase the number of employees in Romania, by

Analysis

Banks Get EUR600M on Lower Reserve Ratios But Loan Interests Could Rise

Banks have around EUR600 million following the central bank's cutting of required ratios on foreign currency liabilities by two percentage points, but interests on loans could rise following international trends, despite higher market liquidity.

Today's figure

Romania Average Net Salary Grows 4.7% in March

The net average salary in Romania grew 4.7% in March compared with February, to 2,342 lei (around EUR515), data from the country's statistics board showed Tuesday.