The average hourly labor cost in the EU is currently EUR 24.6. Romania ranks second to last in the EU after Bulgaria, where a company spends EUR 3.8 per hour per employee.
“We have the lowest labor costs in the EU, but also the worse conditions for business. We can request higher salaries, if we offer better conditions, related to infrastructure or the number of taxes that have to be paid,” said Paul Patrascu, HR director for Eastern Europe with Fujikura Automotive. (source: Romania-insider.com)