RAISE
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Private Sector Wages Up 4.5%, Public Sector Wages Up 21%
Private sector employees got 4.5% raises on average this year, according to the latest survey by consulting firm Mercer. Public sector employees, on the other hand, got 21% raises in the pas...
Romanian Cabinet Approves Minimum Wage Raise Starting May 1
Romania's government approved a raise in the minimum wage to RON1,250 from RON1,050 as of May 1, 2016, government spokesman Dan Suciu said Wednesday.
Romanian Government Plans to Raise Minimum Wage as of May 1
Romania's government has drafted a plan to raise the gross minimum wage to 1,250 lei (around EUR276) from the current RON1,050 as of May 1, 2016, following negotiations with trade unions.
Employees In Ten Industries Saw Over 50% Raise In Pay In 2008-2015
Employees in the oil and gas extraction, automotive component, support services and IT industries got the highest raises in the last eight years, following the increase in investments in the...
Nuclearelectrica Minority Shareholders Take No Part In Capital Raise
Nuclearelectrica's (SNN.RO) private shareholders didn't take part in the company's capital raise, where they could have underwritten at a price nearly 30% higher than the market price, while...
OTP Bank Romania Raises Capital By RON175.3M, To RON958.25M
OTP Bank Romania, the local subsidiary of Hungarian group OTP, has raised its share capital by RON175.344 million, to RON958.252 million, the Hungarian bank said in a statement Wednesday.
Euroins Raises Share Capital By RON100M, To RON220M
Insurer Euroins Romania has completed the second stage of a RON100 million capital hike, as decided by shareholders in April, raising its capital to RON220 million, from RON120 million.
Labormed Raises Share Capital By EUR55M, Alvogen Lux Holdings Becomes Shareholder
Romanian generic drug producer Labormed Pharma will raise its share capital by EUR55 million by converting into shares part of a EUR85.28 million receivable it owes Alvogen Lux Holdings S.a....
Asirom Raises Share Capital By EUR13M
Shareholders of insurer Asirom decided on December 10 to raise the company’s share capital by RON58.5 million (EUR13 million), to RON216.4 million, by cash contributions.