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Finance Ministry Raises Interest On Tezaur T-Bills
The Finance Ministry is launching a new session for buying Tezaur T-bills on Monday, January 13, with one-, three- and five-year maturities and annual interests of 7%, 7.5% and 7.8%.
Romania’s Gross Minimum Wage Goes Up From RON3,700 To RON4,050 On Jan 1, 2025
The gross minimum wage guaranteed in payment will rise to RON4,050 from RON3,700 per month from January 1, 2025, Prime Minister Marcel Ciolacu announced at the beginning of the government me...
Government Raises Gross Minimum Wage To RON3,700 On July 1
The gross minimum wage will rise to RON3,700 from 1 July, Prime Minister Marcel Ciolacu announced after Thursday's meeting with the National Tripartite Council for Social Dialogue.
Finance Ministry Seeks To Raise MTN Program Cap By EUR7B To Cover 2024 And 2025 Funding Needs
The Finance Ministry has prepared a government decision draft to increase the value of the „Medium Term Notes” program by EUR7 billion from EUR68 billion at the moment to EUR75 billion.
Romania Central Bank Raises Key Rate to 6.75% a Year
Romania's central bank has decided at its board meeting on Tuesday (November 8), its eighth and last monetary policy meeting of 2022, to raise its benchmark interest rate by 0.50% to 6.75% a...
ABN Systems International Raises RON5.5M from Investors
ABN Systems International, an entrepreneurial company that distributes IT&C products and accessories and owns the Tellur brand, has raised RON5.5 million from investors through an IPO, the f...
Bucharest Stock Exchange Raises Number of Companies Included in BET-XT, BET-XT-TR and BET-BK Indices
The Bucharest Stock Exchange will expand the maximum number of companies included in the BET-XT, BET-XT-TR and BET-BK from 25 to 30, with the periodic adjustment of September 2021.
Kaufland Raises Net Minimum Wage to RON2,100/Month
German-held retailer Kaufland will raise the minimum wage to 3,650 lei (EUR764) in gross amount per month (RON2,135 in net amount) as of March 1, 2020, making it 60% higher than the minimum...
Largest Real Estate Company in Germany Ups Stake in Globalworth to 22%
Romanian office space market has entered the radar of Western European investors, after years of market domination by South African companies.