wage
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Wipro: 15-20% wage hikes will make you an expensive destination
The arrival in Romania of Azim Premji - the man the international press has named "India's Bill Gates", comes as no surprise and indicates Bucharest is on the billionaire's list of priorities. Wipro, a leader in the global IT industry and India's biggest softw...
Bricostore: wage costs could rise by 20-30%
French-based DIY retailer Bricostore, a part of the Bresson group, last year posted profit worth around 27 million euros, amid turnover worth 180m euros from its 8-store network in Romania....
Private hospitals rely on wage raises
Private hospitals have attracted investments worth more than 20 million euros over the last two years, however this sum could exceed 50 million euros by 2009, when projects carried out by ne...
IMF: Public sector wage raises are to blame for inflationary pressure
Excessively rapid wage increases in the public sector are believed to be responsible for an increase in demand and for the reappearance of inflationary pressure, experts of the International...
Mondostar faced with increased pressure of wage costs
Sibiu-based textile manufacturer Mondostar estimates an approximately 7 million-euro turnover for this year, with the value representing a 12% increase against last year. "It is difficult to...
IMF: Minimum wage increase in 2007 hinders disinflation
IMF: Minimum wage increase in 2007 hinders disinflation
Average wage in February, 217 euros
The average net wage was 767 RON (217 euros at an exchange rate of 3.54 RON/EUR) in February, nearly 14% higher than a year ago, the data provided by the National Statistics Institute show....
Bureaucrats in Bucharest make twice as much the average wage
Bureaucrats in Bucharest make twice as much the average wage
Highest wage raises in fifteen years
The average salary in the economy went up by 24% in 2005, significantly more than the 5% productivity increase. Bank employees got the highest wages of all, while a million budget-paid emplo...