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Tag Archives: employees

Pension Law – partly unconstitutional

The Constitutional Court (CCR) has discussed on Wednesday the referral from PNL and USR regarding the Pension Law and has ruled to return it to Parliament, declaring it partly unconstitutional. The PNL and USR referral argued the unconstitutionality of the ...

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Bucharest, in the top of cities with the most experts in high-tech industry

Romania’s Capital city is among the top cities boasting the most experts in the high-tech innovative industry, with over 70,000 current employees, next to London, Dublin, Madrid or Budapest, reads a study conducted by CBRE real estate consultancy company. At ...

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Competition Council approves some OMV Petrom SA assets takeover by Mazarine Energy

The Competition Council has approved the transaction whereby Mazarine Energy Romania SRL takes over OM Petrom SA assets, i.e. oil fields, the institution informs on Thursday. The Council approved a similar deal between the two companies in 2017, when Mazarine ...

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Prognosis Commission’s forecast for 2019: GDP of RON 1,000bn, real growth of 5.5%, average RON/EUR exchange rate of 4.67

The new economic forecast from the National Prognosis Commission (CNP) for 2019, released on Wednesday, points to an investment growth of 6.9%, down from 7.9% previously. A lower number of employees is considered, of 5.282 million, down from 5.335 million ...

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5 out of 10 employers eye lay-offs

Almost 5 out of 10 employers would proceed to lay-offs, according to a survey conducted by the National Council for Small and Medium Sized Companies (CNIPMMR). The managers say they cannot pay the minimum wages increased since January 1, whereas ...

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