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Average banking salary no longer exceeds 1,000 euros
The net average salary in the banking system saw a sudden fall in June, after reaching an all-time high in May, while recruitment continued at a high rate. The 69,241 employees in the banking sector had a net average salary of 2,970 RON (816 euros), almost 20%...
ASE faced with 15,000 drop in the number of students
"The reduction in the number of students, which will be done gradually by reducing the number of places available, is caused by an insufficient number of teachers. We now have 1,000 teachers...
FMCG marketing managers earn up to 14,000 euros per month
The gross salary of a marketing manager at a multinational company in the consumer goods industry with more than 1,000 employees can reach as much as 9,000 euros per month. The entire salary...
Johnson Controls to make seats for 600,000 Logans
US-based Johnson Controls (JCI) group, a 100 million-euro business on the domestic market, will manufacture seats for more than 600,000 Logan cars, half of which will delivered straight to t...
Bunge to export 15-20,000 tonnes of vegetable oil to Bulgaria
Bunge Romania, the leader of the domestic vegetable oil market will start to export approximately 15-20,000 tonnes of vegetable oil to the Bulgarian market in September this year, that is al...
Imported gas to exceed $600/1,000 cubic metres
The Germans at E.ON Gaz Romania and the French at Distrigaz Sud are warning that the price of imported gas will reach as much as 600 dollars per 1,000 cubic metres in the fourth quarter comp...
Voluntary pension funds win over another 7,000 clients
July was a weaker month for voluntary pension funds compared to June, when the number of clients went up by 22,400- the highest monthly rise so far. Voluntary pension funds (3rd pillar) attr...
Multinationals spend 30,000 euros monthly on expat execs, half of which on salary
The net salary accounts for just half of an expat's costs in Romania. A multinational spends around 30,000 euros a month on an expat who holds a CEO or a general manager position, i.e. 360,0...
Stanton Chase: A CFO won't go for less than 3,000 euros
"A CFO (chief financial officer i.e.) won't sit down and talk if offered less than 3,000 euros in net amount per month," says Mihaela Damian, managing partner of executive search company Sta...