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.
“Garden of Memories,” a civic initiative meant to commemorate the 1989 Revolution that led to the fall of communism in Romania, is set to take place between December 19-20 around the Memorial of Rebirth, in Bucharest’s Revolution Square. Organized by the Streets for People Association, together with the Bucharest City Hall and the Museum of […]
Runware, a startup founded by two Romanian entrepreneurs, announced last week that it has secured a USD 50 million Series A funding round led by Dawn Capital, one of the largest European investors in B2B software companies. The round also included Comcast Ventures, Speedinvest, Insight Partners, and a16z Speedrun. The company founded by Flaviu Rădulescu and […]
The body of Romanian former justice minister Rodica Stănoiu was exhumed on Monday, December 15, after prosecutors opened an in rem case regarding her suspicious death, Digi24 reported. Investigators are looking into the possibility that the former minister may have been killed through negligence. ...
Authorities in Romania have begun imposing fines for owners of bicycles and electric scooters who do not take out mandatory motor third-party liability insurance (RCA). The new rules have been applicable since November 13, but the Romanian Parliament granted a 30-day grace period until the application of sanctions, according to...
Art Safari will relocate to Amzei Square in central Bucharest in 2026, where it will operate under a new format titled Art Safari New Museum, following more than a decade of pop-up exhibitions hosted in historic buildings across the capital. After 12 years, 17 editions, and more than 1 million visitors, the exhibition platform will […]
In Romania, Christmas is more than holiday markets, decorated trees, and wrapped gifts. It's a season filled with old customs, lively rituals, and dishes that bring families together. One of the most popular Christmas traditions is caroling. Although traditions vary depending on the area, the ritual of going from house to house and singing carols […]
