RAISE
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Chimcomplex Seeks RON157M Capital Hike, Plans To Buy Oltchim’s Viable Assets
Romanian businessman Stefan Vuza plans to raise the capital of Chimcomplex Borzesti (CHOB.RO) by RON157 million (EUR35.2 million) and then buy the viable assets of chemical plant Oltchim Ram...
Euroins Romania Wants To Raise Share Capital By RON20M, To RON138.5M
Insurer Euroins Romania plans to raise its share capital by RON20 million, to RON138.5 million, by shareholders’ cash contributions, and the proposition will be discussed in a meeting on Nov...
Romania To Raise Public Sector Wages By 8% On June 1 And 7.4% On Dec 1 - Draft
Romania's Labor Ministry has put up for public debate a draft ordinance raising salaries in the public sector by 8% as of June 1 and by a further 7.4% as of December 1.
Three Quarters Of Public Job Cuts Done By Retirement
Three out of four public sector employees “laid off” over the last three years actually went into retirement. That is how Romania managed to get to 1.2 million employees in this sector, as t...
What Businesspeople Have To Say About Raising Public Sector Wages
Businesspeople, who should be the direct beneficiaries of the public sector wage increase, are not convinced this will boost consumption, as the government expects. This is because part of t...
Romania To Raise Public Wages As Of June
Leaders of Romania’s ruling coalition decided Monday to raise public wages as of June and the Government has yet to decide by how much, democrat liberal MP Mircea Toader told MEDIAFAX.
IT And Telecom Employees Got Highest Raises Since Start Of Crisis
Salaries in the IT and telecom industries have gone up 54% and 57% since the beginning of the crisis and signals on the market point to further raises, which makes them the best sectors to w...
Multinationals Hike Wages By 6% This Year
At least 150 multinationals present on the Romanian market made average salary increases of 6% for all employees this year, according to preliminary results of a wage survey conducted by Mer...