The government approved, on Thursday, the Decision for the establishment of the minimum gross basic salary in the country guaranteed in payment, which provides for the increase of its level to 3,700 RON monthly (1 euro = 4.9763 RON), starting on July 1, 2024, compared to 3,300 RON as it is currently, the minister announced Labor and Social Solidarity, Simona Bucura-Oprescu, in a press release."The initiative is meant to bring a better life to employees in Romania and to reduce working poverty. The increase in the national minimum wage guaranteed in payment means bringing the remuneration closer to the level required by the EU Directive 2022/2041 on adequate minimum wages in the European Union. In addition, from the experience of the past years, the increase in the minimum wage also brought a vertical increase in the majority of wages, not only for the minimum ones," declared Simona Bucura-Oprescu.Thus, the hourly rate will be 22,024 RON/hour for a normal work schedule of 168 hours/month on average.At the same time, the increased net value of the minimum gross salary in the country is 2,363 RON, for a deduction of 300 RON, the net increase being 284 RON."In Romania, approximately 760,000 employees currently benefit from the guaranteed minimum gross salary, i.e. around 14% of the total number of active employees. 1,871,266 employees will benefit from the increase of the minimum basic salary to 3,700 RON. This does not apply to employees in agriculture and the food industry, categories for which the legal provisions in force apply," the press release states.
DN Agrar Group (BVB: DN), one of the leading integrated agrifood companies in Romania and the largest dairy milk producer in Europe, reported record results for the first nine months of 2025. The company achieved a turnover of RON 158 million, a 25% increase year-on-year, while net profit doubled to RON 43 million, backed by […]
Presidential adviser Ludovic Orban is leaving his position after just six weeks in office, following a mutual agreement with president Nicușor Dan to end their collaboration, the Presidential Administration announced on Tuesday, November 18, as reported by Agerpres. Orban, a former prime...
Yellow Fresh Fruits has quickly emerged as one of Romania’s most dynamic fresh fruit importers, reshaping a market where consistency and speed increasingly define competitiveness. In an interview with Romania Insider, Fryderyk Schiller, COO of Yellow Fresh Fruits, outlines how the company expanded from its Polish origins to operating advanced ripening centers in Timișoara, Bucharest, […]
The design phase for the most difficult section of the A8 highway, namely Lot 2B Grinţieş-Pipirig, has begun, according to a statement given by Romanian transport minister Ciprian Şerban on Monday, November 18. The contract for the section, valued at RON 5.97 billion (EUR 1.17 billion), was signed at the end of October. In total, […]
The Board of Directors convenes the Ordinary General Meeting of Shareholders on December 18/19, 2025 The Board of Directors of EVERGENT Investments, an investment company listed under the ticker EVER, has convened the Ordinary General Meeting of Shareholders for December 18/19, 2025. The proposal submitted for shareholders’ approval is the distribution of dividends from reserves […]
City Grill Group surpasses EUR 63.5 million in revenue in the first 10 months With one in six people affected by loneliness, according to the WHO, restaurants are once again becoming essential spaces for reconnection, and dining out is reclaiming its role as an authentic social experience. City Grill Group, the largest Romanian-owned restaurant chain, […]
