Finance Minister Eugen Teodorovici said on Sunday evening that in the coming days the government might announce the date when the minimum wage will increase. “We will see precisely that at the Government level in the coming days; the decision will be taken in the next few days and we will announce it. We night take a government decision as early as next week,” Eugen Teodorovici told private broadcaster Antena 3. Regarding the application of this measure as of November 1, recently circulated in the public space, Teodorovici mentioned that it was just a discussion, saying that the raise will not happen then. “It will not be November 1 because, as the prime minister has said, we are looking at the government level to see exactly the date from which this increase is applied. It will be no later than January 1, 2019, and the government will look to see if a decision can be taken before January 1, 2019. That was a discussion, we met with representatives of the business community at the Government House, with the prime minister, with other Cabinet colleagues; there, the trade unions said as soon as possible, and the economic community said from January 1, at the latest. The Government is now looking for the optimal date for this decision, ” added Teodorovici. He stressed that the minimum wage would increase together to 2,080 lei for people non-university graduates with less than 15 years of seniority and to 2,350 lei for higher education graduates with over 15 years job seniority. At the Government House on Tuesday, Prime Minister Viorica Dancila, Labour Minister Lia Olguta Vasilescu and Finance Minister Eugen Teodorovici met with representatives of trade unions and employer’s associations, who were introduced to a draft government decision on raising the gross minimum wage to 2,080 lei a month, which means a net increase of 100 lei. According to a government press statement, the wage will be differentiated according to the level of education and seniority.
The share of companies predicting a reduction in the number of employees in the upcoming year has increased to 11% in January 2025 from 2% same time last year, according to the HR Barometer survey conducted by PwC Romania. Fiscal measures taken by the government to reduce the budget deficit, such as the elimination of […]
The Veranda Mall shopping center, located near Bucharest’s busy Obor market, is up for sale and has reportedly caught the interest of real estate investors AFI Europe and M Core, Profit.ro reported. The mall is currently owned by the Pogonaru...
Romanian prime minister Marcel Ciolacu announced that a team of lawyers contracted by the government managed to block the sale of the painting Saint Sebastian by the renowned artist El Greco, which is part of Romania’s heritage. Ciolacu added that earlier this month, the government mandated lawyers to pursue the recovery through legal proceedings at […]
Romania’s eMAG and HeyBlu, a financial services company owned by the eMAG group, have announced the acquisition of Orange Money by taking over 100% of its shares. The transaction is part of eMAG’s strategy to expand and diversify its financial services, the company said. “The acquisition of Orange Money is part of eMAG’s strategy to […]
The Romanian Olympic and Sports Committee (COSR) announced the team for the European Youth Olympic Winter Festival (EYOF) Bakuriani 2025, which will take place in Georgia from February 9 to 16. Twenty athletes will compete in four disciplines, namely biathlon, alpine skiing, cross-country skiing, and snowboarding. The biathlon team comprises eight athletes, evenly split between […]
Only 28% of teenagers in Romania aged 11-15 engage in the minimum required level of physical activity and sports to maintain good health, according to a study conducted by the World Health Organization cited on High5 Podcast. Additionally, only 23% of them perform sufficient moderate and intense physical activities for their stage of development, which […]
