12.09.2022

Euroins Romania, leader of the local third-party motor vehicle insurance (RCA) market, is going ahead with another RON100 million capital raise planned for the company’s development and the strategy more

11.08.2022

Romania's central bank has decided at its board meeting on Tuesday (November 8), its eighth and last monetary policy meeting of 2022, to raise its benchmark interest rate by 0.50% to 6.75% a year from more

05.25.2022

The global Great Resignation phenomenon will continue next year with even more pressure on wage growth. In Romania, 40% of employees plan to ask for a pay raise over the next year and 16% want to more

01.05.2022

ABN Systems International, an entrepreneurial company that distributes IT&C products and accessories and owns the Tellur brand, has raised RON5.5 million from investors through an IPO, the first on more

09.08.2021

The Bucharest Stock Exchange will expand the maximum number of companies included in the BET-XT, BET-XT-TR and BET-BK from 25 to 30, with the periodic adjustment of September 2021. more

01.31.2020

German-held retailer Kaufland will raise the minimum wage to 3,650 lei (EUR764) in gross amount per month (RON2,135 in net amount) as of March 1, 2020, making it 60% higher than the minimum wage in more

11.20.2019

Romanian office space market has entered the radar of Western European investors, after years of market domination by South African companies. more

09.24.2019

The ambition of Ioan Nani, CEO of pharmaceutical producer Antibiotice Iasi and one of the longest-standing executives in local pharmaceutical industry is too boost sales and profitability over the more

09.17.2019

More than half of Romanian employees are planning to ask for a wage raise or to look for a new job by the end of 2019, citing the insufficient income as their main source of dissatisfaction, a survey more

04.09.2019

The net average wage in the construction sector rose 43% in February 2018- February 2019 and the gross average wage rose by 18%, data published by the National Statistics Institute on Monday show. more

02.19.2019

An analysis of the salary increases in the main categories of the public sector employees in the last few years shows the big winners in this department have been the healthcare and social work more

06.01.2018

More than 113,000 employees earning over EUR1,000 in net amount per month work in Bucharest, accounting for almost half of the number of people who earn that amount per month, April 2018 Labor more

02.28.2018

Almost 20,000 new jobs were created in the public sector last year, so the number of employees went up to 1.21 million in December, Finance Ministry data show. more

02.12.2018

German-held discount store chain Lidl, which conquered local grocery retail in six years, will be raising the salaries of its more than 5,500 employees as of March 1. more

11.21.2017

Employers who cut the net salaries of their employees as of 2018 because of the transfer of the social security tax from employers to employees might find themselves taken to court by disgruntled more

10.23.2017

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 more

08.09.2017

About 900,000 of the employees in Romania (18% of all the employees in the country) earn more than 3,000 lei (EUR657) in net amount per month, according to the Labor Ministry data processed by ZF. more

09.06.2016

Private sector employees got 4.5% raises on average this year, according to the latest survey by consulting firm Mercer. Public sector employees, on the other hand, got 21% raises in the past year, more

12.30.2015

Romania's government approved a raise in the minimum wage to RON1,250 from RON1,050 as of May 1, 2016, government spokesman Dan Suciu said Wednesday. more

12.29.2015

Romania's government has drafted a plan to raise the gross minimum wage to 1,250 lei (around EUR276) from the current RON1,050 as of May 1, 2016, following negotiations with trade unions. more

09.14.2015

Employees in the oil and gas extraction, automotive component, support services and IT industries got the highest raises in the last eight years, following the increase in investments in their more

02.11.2015

Nuclearelectrica's (SNN.RO) private shareholders didn't take part in the company's capital raise, where they could have underwritten at a price nearly 30% higher than the market price, while the more

01.21.2015

OTP Bank Romania, the local subsidiary of Hungarian group OTP, has raised its share capital by RON175.344 million, to RON958.252 million, the Hungarian bank said in a statement Wednesday. more

01.20.2015

Retailer Auchan Romania, which has a network of 32 hypermarkets, raised its share capital by EUR60 million in December 2014, to EUR269.2 million, according to a decision of the company's shareholder more

12.23.2014

Insurer Euroins Romania has completed the second stage of a RON100 million capital hike, as decided by shareholders in April, raising its capital to RON220 million, from RON120 million. more