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.
Romania, which for years ranked last in the EU for packaging waste recycling, now stands at the forefront of Europe’s circular economy, proving that a country with initially fragile infrastructure can implement, in record time, one of the most effective collection and recycling systems in Europe. This rapid transformation is taking place in a European […]
Tucked inside Radisson Blu Hotel, Bucharest, Ginger Sushi Bar & Lounge marks the turn of the year with an intimate New Year’s Eve dining experience built around a multi-course tasting menu. From 19:00 onwards, guests are welcomed to a carefully paced evening that blends Japanese inspiration with premium ingredients, from scallops and Wagyu to Chilean […]
Romanian non-profit Dăruiește Viață has completed a new renovation project at the “Louis Țurcanu” Emergency Children’s Hospital in Timișoara, upgrading the Pediatric Onco-Hematology Transplant Unit to modern medical standards. The investment, worth approximately EUR 150,000, was funded by Linde Gaz Romania and Atos Global Delivery Center. The organisation has been working with the Timișoara hospital […]
The multimedia exhibition Aici Se Vede Jazz (Here You Can See Jazz), set to open at SAC Berthelot in Bucharest, explores how jazz found its way in the pre-1990 Bucharest and “the contemporary ways to listen, visualize, perform and relate artistically to its world of sounds and ideas.” Bucharest had improvised studios, rehearsals with the […]
Aon Romania, part of the global group Aon plc, draws attention to the urgent need for structured solutions to protect trade receivables in an economic context characterized by high volatility and geopolitical uncertainty. The subject was central to the discussions at TRADE CREDIT TALKS - Receivable Protection in the Age of Volatility, where business leaders […]
Bucharest’s shopping centres posted mixed financial results in 2024, with major discrepancies between the city’s largest malls and mid-sized retail centres, according to financial analysis platform RisCo.ro. The data shows contrasts in profitability and turnover, as well as significant losses among some of the capital’s biggest retail projects. AFI Cotroceni recorded the highest turnover of […]
