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STATE COMPANIES

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Romania Caps Public Sector Wage Raises At 60% Of Productivity Bonus - Draft
Companies

Romania Caps Public Sector Wage Raises At 60% Of Productivity Bonus - Draft

Salary increases for the employees of autonomous regies and state-run companies will be capped at maximum 60% of the productivity bonus, given that wage raises include all the bonuses that c...

Ecaterina Craciun · 15.08.2013 · 16:30 · 1 min
State Companies Pay Their Employees Better Than Private Firms
Companies

State Companies Pay Their Employees Better Than Private Firms

Highest-paid employees in Romanian state-run companies earn net wages of EUR640 to EUR1,500 per month.

Ecaterina Craciun · 14.08.2013 · 00:00 · 2 min
Government Adopts Decree On Protection Measures For Laid-Off Employees
Social/Politics

Government Adopts Decree On Protection Measures For Laid-Off Employees

Romania’s Government adopted Tuesday an emergency decree containing social protection measures for employees affected by the restructuring of state-owned companies, Economy Minister Varujan...

Oana Gavrila · 16.04.2013 · 17:28 · 1 min
Vosganian Says No State Company Emerged From Insolvency Successfully Due To Authorities’ Indecision
Companies

Vosganian Says No State Company Emerged From Insolvency Successfully Due To Authorities’ Indecision

Romanian Economy Minister Varujan Vosganian said Tuesday that, unfortunately, no state-run companies were rescued after entering insolvency mainly due to authorities’ indecision to set off p...

Ecaterina Craciun · 05.03.2013 · 17:38 · 2 min
Romania Limits Pay Of State-Owned Companies' Heads, Salary Hike Depends On Profit
Social/Politics

Romania Limits Pay Of State-Owned Companies' Heads, Salary Hike Depends On Profit

The Romanian Government decided in Thursday session the indemnity of state-owned companies heads will be limited in 2013, while the employees' salaries will increase by maximum 3%, according...

Manuela Panescu · 27.12.2012 · 14:48 · 1 min
Economy Ministry Will Resume Private Management Selection At State Companies
Energy

Economy Ministry Will Resume Private Management Selection At State Companies

Romania’s Economy Ministry said Tuesday it will resume the selection of private managers at state-owned companies included in its portfolio.

Ioana Tudor · 13.11.2012 · 21:05 · 1 min
IMF: Government Should Decide Which Companies To Keep And Sell Or Close The Rest
Macroeconomics

IMF: Government Should Decide Which Companies To Keep And Sell Or Close The Rest

The Government must decide which companies it keeps and privatize or liquidate the remaining ones because the Romanian sector of state-run enterprises is still oversized even when considered...

Tudor Ioana Raluca · 25.10.2012 · 00:00 · 2 min
Romanian Transport Ministry Shortlists 180 Candidates For 29 Manager Jobs In State Companies
Companies

Romanian Transport Ministry Shortlists 180 Candidates For 29 Manager Jobs In State Companies

The Transport Ministry received 3,500 CVs, organized 300 interviews, and ultimately came up with 180 candidates on the shortlists of private managers for 29 jobs in five state-run companies...

Tudor Ioana Raluca · 11.09.2012 · 00:00 · 2 min
Transport Ministry Asks Headhunters To Drop Recruitment Of CEOs For State Companies
HR

Transport Ministry Asks Headhunters To Drop Recruitment Of CEOs For State Companies

The biggest campaign to recruit CEOs for state-owned companies subordinated to the Transport Ministry, which started a few days ago, risks to lose its credibility, after on Thursday represen...

Radu Bostan · 10.08.2012 · 00:00 · 1 min