20 dec 2018

The business sector had a very harsh reaction to the government’s proposed new taxes in banking, energy and telecom sectors, asking it to stop. The Bucharest Stock Exchange lost 11% and fell into more

11 dec 2018

The difficult situation of the major automakers in Germany, the main customers of the automotive component plants in Romania is making an impact on the automotive component industry: SEWS (wiring) more

6 dec 2018

The fiscal consolidation of profits and losses of companies part of the same group, differentiated VAT for vouchers and elimination of the split VAT system are but some of the most important fiscal more

22 nov 2018

The Romanian authorities have launched very few new projects, although the development of infrastructure is one of the major needs of Romania, the president of the European Court of Auditors more

7 nov 2018

A number of 12,472 companies in seven sectors are among the top performing companies in Romania’s economy, reveals the Topul National al Firmelor din Romania (National Ranking of Companies in more

31 oct 2018

The minimum wage hike from 1,900 lei (EUR407) in gross amount per month to RON2,080 or RON2,350 for employees with more than 15 years length of service or who are higher education graduates will only more

10 sep 2018

Average salaries in IT services, coking and refining, air transport, extraction of crude petroleum and natural gas, software publishing, insurance and banking sectors stood at more than EUR1,000 in more

3 sep 2018

Three counties accounted for 75% of the total hirings in the past decade, while in 17 counties the number of employees shrank. more

29 aug 2018

The number of employees went up to 4.94 million people this June, after employers hired almost 90,000 people in the first half. If the growth pace, which started in 2012, continues into the second more

9 iul 2018

Digitalization has created a lot of development opportunities for the cosmetics industry businesses and companies in the sector are relying on online commerce and promotion through social networks to more

11 iun 2018

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1 iun 2018

More than 113,000 employees earning over EUR1,000 in net amount per month work in Bucharest, accounting for almost half of the number of people who earn that amount per month, April 2018 Labor more

24 mai 2018

Romania’s economy is losing some EUR2 billion every year because 140,000 people ‘vanish’ from statistics, either due to migration abroad or to the negative birth rate. more

16 mai 2018

Romania’s GDP only rose 4.2% in the first quarter compared with the first quarter of 2017, while analysts expected 5.4%. The economy is losing steam fast due to the rise in borrowing costs and a more

7 mai 2018

The number of new hires in the public sector stood at 24,000 in February 2017-February 2018 or one quarter (26%) of the almost 108,000 new hires in the entire economy in the past year. more

6 apr 2018

With 30% higher salaries than the rest of the country, Bucharest continues to attract new investments and the development of the existing ones, which drove the number of employees to more than 1 more

30 mar 2018

CGI, a Canadian IT consulting and services company with 72,000 employees throughout the world, has entered the Romanian market and plans to expand its local team to 300 people in the next three to more

13 mar 2018

Gaming operator Max Bet ended last year with 477 million lei (EUR102 million) revenue, an increase of 17% on 2016, according to the Finance Ministry data. more

7 mar 2018

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28 feb 2018

Almost 20,000 new jobs were created in the public sector last year, so the number of employees went up to 1.21 million in December, Finance Ministry data show. more

27 feb 2018

Romania’s IT&C services exports stood at EUR3.9 billion in 2017, up 19% on 2016, the country’s central bank data show. more

29 ian 2018

The new PSD (Social Democrat Party) government is due to be installed Monday and the biggest question is whether the transfer of the social security taxes from employer to employees remains in force more

18 ian 2018

Digitalization is no longer a trend among companies but a routine activity. Yet Romania’s tax authority ANAF continues to deal with taxpayers offline, by sending them notifications via letters that more

16 ian 2018

More than 1,400 Vietnamese citizens got permits to take a job in Romania last year. Vietnam therefore becomes the non-EU country with the most work permits granted last year. The number of Vietnamese more

5 dec 2017

The spending on public sector employees’ salaries will reach 8.9% of Romania’s GDP in 2018, up from the 8.3% of the GDP in 2017 and 7.5% in 2016, according to next year’s budget draft. Such more