The Government has approved the Law on the establishment of European minimum wage, which ensures the transposition into national law of Directive (EU) 2022/2041 of 19 October 2022 of the European Parliament and of the Council on adequate minimum wage in the European Union, the Ministry of Labour announced on Friday.According to the cited source, the draft law is to be submitted for adoption by the Romanian Parliament as a matter of urgency.The European minimum wage is also envisaged under the National Recovery and Resilience Plan, Milestone 392, according to which the national gross minimum wage guaranteed for payment will be set on the basis of an objective mechanism based on a clear formula, in consultation with the social partners."The adequacy of this minimum income implies that the wage should not be less than 50% of the gross average wage. In addition, the draft law means strengthening the role of trade unions and employers," said Simona Bucura-Oprescu, minister of Labor and Social SolidarityIt is also envisaged that Directive (EU) 2022/2041 will apply to all categories of employees, regardless of whether they work under an employment relationship, a special employment relationship (agency contract, management contract, sports activity contract, etc.) or a service relationship.The draft law also provides for the adoption of an action plan to promote collective bargaining, to increase employees' access to collectively negotiated wage rights and to protection coverage through collective bargaining or collective agreements.
The ECOTECA Association, in partnership with the Ministry of Environment, Waters and Forests, is organizing the conference “Return & Recycle Insights – 2 Years of DRS in Romania”, which will take place on 26 November 2025, between 09:00 – 13:00, at the Bucharest University of Economic Studies (ASE). The event will bring together representatives […]
Nine years after opening its doors, Veranda Mall enters its most exciting chapter yet. What began as a project to breathe new life into the Obor neighborhood has evolved into one of Bucharest’s most beloved destinations for shopping, leisure, and connection. As it marks this anniversary, Veranda unveils a winter events lineup rich in culture, […]
Purcari Wineries (BVB: WINE), CEE’s leading wine producer, announced its financial results for the first nine months of 2025 on Friday, November 14. The company saw a decline of 1.46% in pretax EBITDA earnings from the similar period last year. Specifically, earnings decreased to RON 84.66 million from RON 85.92 million last year. Meanwhile, group […]
With a solid 35-year uninterrupted presence on the Romanian market, Darian—one of the longest-standing consultancy groups with fully Romanian capital—reaffirms its role as a strategic partner for the business environment. Darian marks this anniversary not through grand promises, but by strengthening its core working philosophy: acting as a “co-pilot” for complex decision-making. The company emphasizes […]
The National Bank of Romania (BNR) revised its inflation forecast upward, from 8.8% to 9.6%, for the end of 2025. The institution anticipates that inflation will reach 3.7% at the end of 2026, compared to 3% in the previous forecast, according to data presented on Friday, November 14, by governor Mugur Isărescu. Compared to the […]
The state-owned company Transelectrica (BVB: TEL), the operator of the Romanian national energy system, recorded a net profit of RON 183 million in the first nine months of the year, down 56% compared to the same period last year. Operating revenues fell by 2%, to RON 1.716 billion, mainly due to the decrease in revenues […]
