private sector

Unicredit Bank anticipates a slowdown of Romania’s economic growth to 4.4 percent in 2018 and 3.6 percent in 2019 as consumption and investment will be affected by the slowdown in wage growth, fiscal uncertainty and higher funding costs.…

According to the research and the votes of 30 experts which comprise the jury of the Business Superbrands Romania, project unfolded by BDR Associates, IT&C, Consultancy and Banking Sector are the ’stars’ of this year’s edition, as a…

7 out of 10 Romanians consider that the presence of multinational companies in Romania is important and it translates into new jobs, according to 76 percent of respondents and in technology and know-how transfer - 71 percent, according to a…

Salaries in the private sector rose by an average of 5.1 percent this year, according to the PayWell Romania study, conducted by PwC Romania, on a sample of about 100 private companies in the financial-banking, pharmaceutical, industrial,…

During February 2016 - February 2017, non-government credit increased by 2.1 percent, while government credit advanced 7.4 percent (7.2 percent in real terms) versus the same year-ago period, National Bank of Romania (BNR) data reveal, a…

The average salary increases budgeted in the private companies for 2017 are higher than those initially estimated, according to the data of the PwC study HR Barometer. Companies that took part in the HR Barometer study indicated an…

In the past five years, more than 100,000 companies, especially with Romanian capital, were shut down, 450,000 people becoming unemployed. Of these, about 380,000 (according National Institute of Statistics – INS) were forced to go abroad,…

Looking at trends in data between 2007 - 2014, Romania tops the EU countries list that is going to close fastest the gender pay gap, a recent research conducted by London-based Expert Market reveals. The potential pay gap closure for…

After the shocking statement that almost 80% of the hospitals in Romania should be closed down if rules were enforced, the Health minister Vlad Voiculescu on Thursday reiterated the warning, also pointing to another major deficiency of the…

The wages in the private sector increased by 8 percent and bonuses by 22 percent in the third quarter of this year compared with the same period last year, Smartree Workforce Index shows, continuing the trend from the previous quarter.…