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 second edition of the She's Next program, aimed at supporting the development of women-owned businesses through personalized mentoring sessions, coaching, and grants, kicks off this month with a training phase consisting of free webinars on current topics. The new edition of the program, a project of ING Bank Romania and Visa in collaboration with […]
Early Game Ventures has invested EUR 1.2 million in Servo AI, a startup that transforms CCTV cameras into real-time data tools for retail, HoReCa, and other brick-and-mortar sectors. By applying computer vision and AI, the company helps businesses optimize operations, staffing, customer service, and compliance - insights that were previously only available to online platforms. […]
IT companies are the most attractive to potential employees in the country, according to the Randstad Romania Employer Brand Research 2025, part of the world’s most comprehensive independent employer brand study. For the fourth consecutive year, Microsoft tops the list, earning the distinguished Hall of Fame badge on its certification. Schaeffler (former Vitesco Technologies) and […]
Bucharest is among the priciest European cities for international education, ranking 13th out of 32 in new research by the International Schools Database comparing international school fees in 2024. The Romanian capital surpasses the average, placing it ahead of cities in countries typically associated with lower education costs. Switzerland and the United Kingdom were the […]
The United States embassy in Bucharest published a message on Tuesday, May 20, congratulating Romanian president-elect Nicușor Dan for his victory in the presidential race. The message was later followed by a similar one from a group of six US senators. In...
Hollywood actor Kevin Costner is set to come to Romania this fall, where he will appear live at Impact Bucharest, the largest business, technology, and innovation event in Eastern Europe. Scheduled for September 17–18, the event returns to the Romanian capital for its second edition, bringing together leaders from across Europe in business, politics, technology, […]
