12.29.2015

Romania's government has drafted a plan to raise the gross minimum wage to 1,250 lei (around EUR276) from the current RON1,050 as of May 1, 2016, following negotiations with trade unions. more

09.14.2015

Employees in the oil and gas extraction, automotive component, support services and IT industries got the highest raises in the last eight years, following the increase in investments in their more

02.11.2015

Nuclearelectrica's (SNN.RO) private shareholders didn't take part in the company's capital raise, where they could have underwritten at a price nearly 30% higher than the market price, while the more

01.21.2015

OTP Bank Romania, the local subsidiary of Hungarian group OTP, has raised its share capital by RON175.344 million, to RON958.252 million, the Hungarian bank said in a statement Wednesday. more

01.20.2015

Retailer Auchan Romania, which has a network of 32 hypermarkets, raised its share capital by EUR60 million in December 2014, to EUR269.2 million, according to a decision of the company's shareholder more

12.23.2014

Insurer Euroins Romania has completed the second stage of a RON100 million capital hike, as decided by shareholders in April, raising its capital to RON220 million, from RON120 million. more

11.24.2014

South-African investment fund New Europe Property Investment (NEPI) has raised around EUR150 million in a capital hike to fund its acquisition of the Promenada shopping mall in Bucharest and other more

11.17.2014

Romanian generic drug producer Labormed Pharma will raise its share capital by EUR55 million by converting into shares part of a EUR85.28 million receivable it owes Alvogen Lux Holdings S.a.r.l., more

10.22.2014

South-African investment fund New Europe Property Investment (NEP.RO) has raised around EUR100 million in a capital hike and has closed its book build launched earlier Wednesday. more

10.22.2014

South-African investment fund New Europe Property Investment (NEP.RO) seeks to raise EUR80 million through the issue of new shares to finance the acquisition of retail centers Aurora Shopping Mall more

08.28.2014

Volksbank Romania shareholders will add EUR250 million to the lender's share capital by the end of the year, reaching EUR576 million, of which the Austrian group will contribute EUR128 million after more

07.16.2014

Bergenbier, one of the major beer producers in Romania, will raise its share capital by EUR65 million, which it plans to invest in developing its activity. more

04.28.2014

Brasov-based dairy producer Prodlacta wants to raise its share capital by around RON16 million, issuing shares at a face value of RON1.36, and estimates to double its revenue and cut its losses more

03.28.2014

UK group Kingfisher, which in 2013 took over the Romanian DIY network of Bricostore, in February operated several capital raise operations in the wake of which it injected around EUR21.5 million in more

12.31.2013

Shareholders of insurer Asirom decided on December 10 to raise the company’s share capital by RON58.5 million (EUR13 million), to RON216.4 million, by cash contributions. more

12.10.2013

Romanian businessman Stefan Vuza plans to raise the capital of Chimcomplex Borzesti (CHOB.RO) by RON157 million (EUR35.2 million) and then buy the viable assets of chemical plant Oltchim Ramnicu more

10.30.2013

Insurer Euroins Romania plans to raise its share capital by RON20 million, to RON138.5 million, by shareholders’ cash contributions, and the proposition will be discussed in a meeting on November more

08.13.2012

Banca Romaneasca will take over 93.57% of the stock of NBG Leasing, replacing National Bank of Greece as majority stakeholder, following a successive reduction and increase of capital to 15.56 million more

05.14.2012

Romania's Labor Ministry has put up for public debate a draft ordinance raising salaries in the public sector by 8% as of June 1 and by a further 7.4% as of December 1. more

05.06.2012

Keeping social security fund and pension deficits at their current levels is crucial for the upcoming period, Romanian President Traian Basescu said Sunday in a meeting with International Monetary more

03.16.2012

Three out of four public sector employees “laid off” over the last three years actually went into retirement. That is how Romania managed to get to 1.2 million employees in this sector, as the more

03.14.2012

Businesspeople, who should be the direct beneficiaries of the public sector wage increase, are not convinced this will boost consumption, as the government expects. This is because part of the more

03.12.2012

Leaders of Romania’s ruling coalition decided Monday to raise public wages as of June and the Government has yet to decide by how much, democrat liberal MP Mircea Toader told MEDIAFAX. more

12.30.2011

Salaries in the IT and telecom industries have gone up 54% and 57% since the beginning of the crisis and signals on the market point to further raises, which makes them the best sectors to work in more

08.05.2011

At least 150 multinationals present on the Romanian market made average salary increases of 6% for all employees this year, according to preliminary results of a wage survey conducted by Mercer, one more