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Tag Archives: labour market

Minimum wage to increase as of January 1. Employees with seniority will not get RON 2,350 – Gov’t decision

The Government is to adopt on Friday the draft decision on the gross minimum wage. Although it has promised to increase the minimum wage for employees with seniority of 15 years and for those with higher education to the level ...

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Investment activity in Romania remains one of the lowest in the EU,annual EIB Investment Survey shows

Investment gaps are prevalent despite the strong – but mainly consumption driven – growth in recent years, reads the latest study on Investment and Investment Finance in Romania conducted by the EIB and presented in a press conference held by the ...

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The top employers of 2018 in Romania

The IT&C industry continues to top the employers ranking in Romania, with Microsoft Romania, Oracle Romania and Zitec ranking the first, second and third among the most appreciated companies by employees. Compared to last year, Microsoft Romania is climbing up ...

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FIC: No law with an economic impact should be adopted without consulting the main trade unions and employers

The Foreign Investors Council (FIC) has signaled in the past 2-3 years that its members are anticipating increasing strains on the Romanian labour market because starting with 2015-2016 our members have reported increasing problems in finding adequate workforce. “We note ...

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Eurostat: Romania and Greece on the last positions in the EU in terms of reduced poverty due to social transfers

It is now one year after European leaders proclaimed the European Pillar of Social Rights, which focuses on equal opportunities and access to the labour market; fair working conditions; and social protection and inclusion. To mark this anniversary, this news ...

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Businessmen Association says minimum wage increase as of November 1 is a populist, arbitrary decision

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 ...

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Foreign investors in Romania urge Gov’t to maintain a stable fiscal framework, ask for predictability and transparency

The most recent results of the FIC Business Sentiment Index (carried out in September 2018) brings some important insights on both workforce and fiscal related topics. “Still there is a continued dichotomy between FIC members expecting higher revenues and business ...

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Update: BNR Governor: In 2017, Romania consumed over its potential. Central bank’s profit up by almost 50pc

The National Bank Governor, Mugur Isarescu, has presented the yearly report for 2017 on Friday. Isarescu said that the economic growth was high, in the context of two consecutive years of fiscal stimuli and increasing earnings, while the foreign imbalances ...

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