salaries
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ING Bank: Large Wage Increases May Affect Exporters And Romanian Leu
Large wage increases, such as the planned hike in the minimum wage as of January 2016, make exporters vulnerable by reducing competitiveness on external markets and may have a negative impac...
Stroe: Low Salaries In Romania's Auto Industry Still Luring Foreign Investors
The salaries in the Romanian auto sector, which are the lowest among the states manufacturing vehicles, continue to be an advantage for the foreign investors, Constantin Stroe, head of the a...
Crisis Erases 120,000 Jobs From Romania’s Textile Industry
The financial crisis and Asian markets’ upsurge wiped out over 120,000 jobs from Romania’s textile, apparel and footwear industries during 2007-2014. However, during the same period the sala...
Negritoiu: Romanian Insurance Market Needs Capital Inflows Of RON1B, After RON600M In 2014
The insurance market needs a capital inflow of one billion lei (EUR225 million) this year, inclusively for the capital increases at Astra and Carpatica Asig, after RON600 million were inject...
Romanians Go Shopping Every Two Days And Spend EUR3 Each Time
Romanians spend on average EUR3 during a consumer goods shopping session, two times less than Hungarians or Poles and ten times less than the French, Swedes or Italians. Against the French,...
Banking Employees’ Salaries, One Third Higher Than Before The Crisis
Bankers are still among the best paid employees in the Romanian economy despite the restructuring drive the sector has witnessed in recent years. At the end of March, banking employees’ net...
Study: Engineers, Bank Managers In Romania Paid More Than Peers In Hungary, Czech Republic
The highest-paying jobs in Romania are in the sectors of engineering and manufacturing (at most EUR30,000/year), banking and financial services (EUR67,000/year), accounting and insurance (EU...
Romania’s New Public Sector Wage Law To Also Consider Employee Job Performance
Romania’s public sector wages will include both a fixed amount and a variable sum based on employee job performance and the new system will be regulated through a new bill regarding public w...
Romania Average Net Wage Slides 3% In May
Romanian average net salary fell 3% to 1,611 lei (EUR362.7) in May, from RON1,661 a month earlier, the statistics institute INS said Friday.