The government will approve the granting of a monthly allowance similar to the one paid during the pandemic period, respectively 75 pct of the basic salary, for the employees of the companies where the activity is ceased, Prime Minister Nicolae Ciuca said on Wednesday, at the beginning of the Cabinet meeting."Given the impact of the current crisis and, in particular, the current crisis of electricity and gas prices, as well as that of the effects generated by the war in Ukraine, we will adopt a piece of legislation by which we will continue to protect the economy and jobs. And thus, for the companies where the activity is ceased, we will ensure a monthly allowance similar to the one paid during the pandemic, respectively 75 pct of the basic salary," Ciuca said.The draft announced by the prime minister aims to establish social protection measures for the employees affected in the context of the current crisis in Ukraine, the Russian Federation and Belarus.The 75 pct allowance will be granted to the employees who have the individual employment contracts temporarily suspended from the employers' initiative, from the date of entry into force of the emergency ordinance and until 31 December 2022.
Exim Banca Românească continues the savings campaign under which it pays attractive interest rates, above the market average, for new deposits in lei and euro, over 7 months: interest rates of up to 7.20% per year for lei and 2.50% per year for euro. The offer is available both for the PLUS deposit in lei, […]
In a telecom market shaped by economic pressure, fierce competition, and rapidly evolving consumer habits, Orange Romania is betting heavily on network leadership as its defining advantage. With the largest 5G spectrum investment in the country’s history - around EUR 265 million - the company is doubling down on speed, coverage, and long-term infrastructure at […]
The Romanian job market was marked by extremes in 2025, according to an analysis by employment platform BestJobs. In some sectors, job-seekers dictated the rules, while in others they fiercely competed for a limited number of positions, giving employers the upper hand. In the IT sector, the limited number of available positions led to a […]
Poiana Brașov, a popular mountain resort in central Romania, will host a new winter event format starting in 2026, as Untold Universe launches Massif Week, scheduled to take place between February 27 and March 8. The initiative is designed to diversify the resort’s winter offering and extend the tourist season through a series of indoor […]
A memorial march will take place in central Bucharest on December 21 to mark the victims of the 1989 Revolution, which led to the fall of communism in Romania. The march will follow the Victory Square – University Square – Revolution...
Cushman & Wakefield Echinox announced the completion of the sale of the Zenith Conference & Spa hotel in Mamaia, one of the top hospitality units on the Romanian seaside, to the owners of Steaua de Mare Hotels & Resorts, based in Eforie Nord. The property was previously controlled by the RC2 investment fund and Antares […]
