BUSINESS

Almost 70 per cent of the Romanian employees in the private sector are still working overtime, either due to the heavier workload or because they want to be more competitive, reads a study by BestJobs. More than half of those ...

The Businessman Association in Romania (AOAR) says the wage increases in public administration, health and education, without meeting the performance criteria, have not led to an improvement of services for companies and citizens, a release on Monday reads. “AOAR has ...

A new series of corporate bonds issued by International Investment Bank (IIB) on the Romanian capital market is admitted to trading on the main market of the Bucharest Stock Exchange (BVB). The issue is structured in two tranches, both with ...

The continued deterioration of fiscal performance and weak debt trajectory drive the downgrade. Sustained policy uncertainty underscores the Negative Outlook. The country’s high growth potential and moderate levels of debt support the BBB- rating. Scope Ratings GmbH has today downgraded ...

The 3-month ROBOR Index, according to which the cost of variable-yield loans in RON is calculated, has climbed on Monday to 3.30%, up from 3.28% in the previous session, according to the figures released by the National Bank of Romania ...

Romania’s tourist accommodation capacity increased by 2.8% in the first seven months of this year, as compared to the same period last year, up to 353,300 places according to figures released by the National Statistics Institute (INS) on Monday. Moreover, ...

Finance Minister, Eugen Teodorovici, has confirmed on Saturday that a document released by PNL Senator, Florin Citu, providing for the freezing of public employees’ wages, has been sent to the European Commission. Teodorovici also said that there is also a ...

The Government should rethink the entire social protection system in Romania, because the younger generation does not find any kind of protection in the current mechanism, whereas the authorities should consider giving up the unified tax rate in favour of ...

For the first time in history, Romanians have become wealthier than any neighboring nations, including Hungarians, according to the Credit Suisse’s “Global Wealth 2018” report. According to the document, an adult in Romania had a wealth of USD 42,282 in 2018 ...

The 3-month ROBOR Index, according to which the cost of variable-yield loans in RON is calculated, has climbed on Friday to 3.28%, up from 3.17% in the previous session, according to the figures released by the National Bank of Romania ...