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Tag Archives: hotels

Orbis Group announces positive results in Romania

2018 has been another record year in terms of all Orbis strategic goals: financial performance, portfolio development and talents engagement, the Group has announced on Monday. At the end of 2018, Accor announced a tender offer on Orbis shares aiming ...

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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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Overnight stays demand in Bucharest’s hotels posts the highest rise in the region from 2013 to 2017

CEE hotel markets continued to lead the Europe’s growth story in 2017. The majority of the hotel markets in this dynamic region achieved continued performance gains in 2017, as they had over the past three years, reads the CEE Hospitality ...

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Tourist accommodation capacity up to 353,300 places

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, ...

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Average net wage in May, up to RON 2,704

The average net wages in May were of RON 2,704, down by RON 9 against the previous month, the National Statistics Institute (INS) informs on Monday. The highest wages were in the IT&C sector (RON 6,437 met wage), the lowest ...

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Eurostat: Food price levels, lowest across the EU in Poland and Romania

In 2017, price levels for consumer goods and services differed widely in the European Union (EU). Denmark (142% of the EU average) had the highest price level, followed by Luxembourg (127%), Ireland and Sweden (both 125%), Finland (122%) and the ...

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Net average wage earnings up by 8.7pc in March

The net average wage earnings increased by 8.7% in March to RON 2,704, up against the previous month by RON 217, the National Statistics Institute (INS) informed on Wednesday. The gross average wage earning was of RON 4,488, by 8.7% ...

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Net nominal average earnings down by 5.5pc in January

The net nominal average earnings, in January, were of RON 2,484, down by RON 145 and 5.5% respectively, while the gross wage was of RON 4,143, the National Statistics Institute (INS) has informed on Tuesday. The highest net nominal average ...

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Net average wage, up RON 165 in December 2017, up by 11.7pc yoy

The average nominal wage earning was of RON 2,629 in December, up by RON 165, i.e. 6.7% in December, according to a press release issued by the National Statistics Institute (INS) on Friday. In the budgetary sector, the wages increased ...

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