Managers at natural gas transporter Transgaz (TGN.RO), the National Uranium Company, energy producers CE Oltenia, Electrica, copper producer Cuprumin, Romatsa, airline Tarom and railway operator CFR receive the highest monthly pay.
Romania’s government decided Wednesday it will cap the monthly pay of state-owned company executives at six average gross wages in the field the company is present and bonuses will be granted considering performance.
The decision comes after the remuneration committee of state-owned nuclear power producer Nuclearelectrica proposed that the company’s executives, including the general manager, receive monthly pay ranging between 62,400 lei (EUR14,200) and RON76,800 (EUR17,500).
Currently, Nuclearelectrica executives earn RON9,228 lei per month, and the general manager makes about RON14,851. (EUR1=RON4.3497)