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OMV Petrom Plans Salary Increase - CEO
Energy

OMV Petrom Plans Salary Increase - CEO

Romania’s top oil company OMV Petrom (SNP.RO) is planning to increase salaries for its employees to reflect the good results of the company, Chief Executive Officer Mariana Gheorghe said Thu...

Florentina Dragu · 21.02.2013 · 12:26 · 1 min
Average Net Wage Rises To RON1,575 In November
Macroeconomics

Average Net Wage Rises To RON1,575 In November

Romanian average net salary rose 1.5% to 1,575 lei (EUR359) in November, from RON1,552 a month earlier, the statistics institute INS said Friday.

Florentina Dragu · 11.01.2013 · 10:12 · 1 min
INS: Average Net Wage Up 1% To RON1,552 In October
Macroeconomics

INS: Average Net Wage Up 1% To RON1,552 In October

Romanian average net salary rose 0.9% to 1,552 lei (EUR342) in October, from RON1,538 a month earlier, the statistics institute INS said Wednesday.

Neagu Bogdan Mircea · 05.12.2012 · 10:00 · 1 min
INS: Average Net Wage Slightly Up To RON1,538 In September
Macroeconomics

INS: Average Net Wage Slightly Up To RON1,538 In September

Romanian average net salary inched up 0.3% to 1,538 lei (EUR340) in September, from RON1,534 a month earlier, the statistics institute INS said Tuesday.

Neagu Bogdan Mircea · 06.11.2012 · 10:00 · 1 min
INS: Average Net Wage Down To RON1,534 In August
Macroeconomics

INS: Average Net Wage Down To RON1,534 In August

Romanian average net salary fell 1.4% to 1,534 lei (EUR338) in August, from RON1,556 a month earlier, the statistics institute INS said Friday.

Neagu Bogdan Mircea · 05.10.2012 · 10:00 · 1 min
Large Banks Still Spend More Than Half Of Expense Budgets On Salaries
Banks-Insurance

Large Banks Still Spend More Than Half Of Expense Budgets On Salaries

BCR, BRD and Banca Transilvania, the three largest banks on the Romanian market, spent more than 1.8 billion lei (EUR0.4 billion) on employee salaries last year. This means 56% to 59% of the...

Radu Bostan · 21.08.2012 · 00:00 · 4 min
VP of Capital Market Regulator Earned 80% More In 2011
Capital Market

VP of Capital Market Regulator Earned 80% More In 2011

Carmen Negoita, vicepresident of the National Securities Commission (CNVM), the authority that supervises the capital market, earned 80% more in 2011 - 637,937 lei (EUR151,887), according to...

Radu Bostan · 26.07.2012 · 00:00 · 1 min
Six BCR Executives Were Paid EUR1.8M Last Year
Banks-Insurance

Six BCR Executives Were Paid EUR1.8M Last Year

Six members of the executive team of BCR, the largest bank on the market, received overall compensation of over EUR1.8 million in 2011 as salary before tax, while the performance bonus was z...

Radu Bostan · 10.07.2012 · 00:00 · 1 min
INS: Average Net Wage Slightly Down To RON1,530 In May
Macroeconomics

INS: Average Net Wage Slightly Down To RON1,530 In May

Romanian average net salary fell 1.5% to 1,530 lei (EUR342) in May, from RON1,553 a month earlier, the statistics institute INS said Thursday.

Manuela Panescu · 05.07.2012 · 12:16 · 1 min