09.17.2015

Romania’s energy sector is still living on investments made before the 1990s and desperately needs new projects, Bogdan Badea, state secretary at the Energy Ministry, said Thursday at the conference more

02.17.2015

The debts of state-run companies account for almost half of their revenue and most of the money is owed to the state budget. more

01.26.2015

The Romanian insurance sector faced a difficult year in 2014, amid the incoherence of Romania's financial watchdog ASF, while things are far from going to the right direction, Cristian Constantinescu, more

12.11.2014

Public sector wages will be frozen in 2015 at this year's level, except for teaching staff, whose wages will be raised by up to 10% in two steps, and healthcare staff under certain conditions. more

12.05.2014

Romania’s energy sector requires investments of nearly EUR100 billion between 2015 and 2035, according to the country’s new draft strategy drawn up by the Energy Department. more

11.21.2014

The number of companies in Romania rose by 13,500 in 2013 from 2012, to around 460,000, while private sector headcount shows 19,000 new jobs were created, according to the latest data published by the more

09.29.2014

Shortages in Romania’s public healthcare sector are triggered by the lack of financing and the reckless use of existing funds, Calin Galaseanu, president of the Romanian Association of International more

09.16.2014

Romania’s public energy sector is less exposed to outside risks, but it needs to deal with its inner vulnerabilities, namely, to tackle corruption and red tape and cope with its resistance to more

05.29.2014

Romanian Prime Minister Victor Ponta said Thursday that the Government is close to drafting a new Partnership Agreement with the European Union for 2014-2020 and the EU funding programs for this more

05.28.2014

SIF Imobiliare (SIFI.RO), a firm registered in Cyprus and held by Romanian regional investment fund SIF Banat-Crisana (SIF1.RO), Wednesday said it set up the firm SIFI TM Agro to which it granted a more

11.11.2013

Romania’s government will keep gross wages in the public sector unchanged in 2014 and only novice teachers will get a raise of up to 10%. more

08.25.2013

Wage raises in the Romanian private sector slowed down this year to 4.6%, from 5.1% in 2012, but were above the inflation rate, according to this year's edition of the salary and benefits survey more

08.14.2013

Highest-paid employees in Romanian state-run companies earn net wages of EUR640 to EUR1,500 per month. more

07.07.2013

Romania’s public sector wages will include both a fixed amount and a variable sum based on employee job performance and the new system will be regulated through a new bill regarding public wages in more

07.03.2013

The number of employees in Romania’s information technology (IT) industry reached 38,300 at the end of April, 3,000 more since the beginning of the year, while the number of employees in the local more

03.11.2013

Romania should focus its energy strategy on smaller, yet more flexible projects that require lower investments, instead of large energy projects, such as reactors 3 and 4 of the Cernavoda nuclear more

03.08.2013

The share of private sector employees to the total population is just 13.7% in Romania, placing the country near the bottom of the European ranking. more

03.03.2013

Romania has some 1.2 million employees in the public sector and must downsize staff by 2018, Economy Minister Varujan Vosganian said Sunday in an interview. more

02.27.2013

Romania’s Government will lay off employees in 15 state-run companies in the energy sector, based on reorganization programs to be applied between 2013 and 2018, according to a draft emergency more

08.30.2012

The biggest salary of a public sector employee is 11,248 lei (around EUR2,500) and is earned by a general manager within the Ministry of External Affairs. The employee earned 1.7 times more in March more

08.10.2012

The Finance Ministry is preparing to increase public sector wages through derogation to the law of fiscal responsibility, while cutting infrastructure spending in this year’s first budget more

05.08.2012

Romania's Chamber of Deputies on Tuesday adopted a bill granting tax amnesty to around 300,000 public sector employees obliged to give back bonuses received in 2008-2010. more

05.04.2012

High officials are tossing the issue of increasing public sector wages back and forth, while the Romanian currency is depreciating and rating agencies warn that a prospective increase in the budget more

05.02.2012

20 ministers, 200 ministers’ advisors, 300 secretaries of state and advisors, 1,500 heads of local public institutions make up an army of people looking for the advantages of high office. more

04.19.2012

Romania's Government has informed the European Commission that it will raise public sector salaries this year to their level before the cuts in 2010, leading to a slight increase in personnel more