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Romanian Labor Minister: Minimum wage to reach EUR 270

Romania’s minimum wage will reach RON 1,200 (EUR 270) starting January 2016, said Labor Minister Rovana Plumb.

43 pct increase of the office spaces rented by companies with 25 up to 60 employees

Medium companies, with 25 to 60 employees, were the most active on the office market in the first four months of 2015 compared to other categories of SMEs.

Average annual business figure of IT&C sector reaches 2.8 billion Euros

The annual business registered in the IT&C sector in Romania has reached an average of 2.8 billion Euros, but specialists in the field say it could reach 10 billion Euros, said Aurel Sorin Encutescu, the secretary of state in the Ministry of Economy, Trade and Tourism (MECT), at the regional summit on cyber security held at Parliament Palace.

ManpowerGroup study : Romania, among the countries where talent-related problems are worst

Romania is among the countries where talent-related problems are worst, according to a ManpowerGroup study of job occupancy rates.

Increasing activity on the residential and lands market

The real estate market had a more dynamic start in 2015, compared to the activity recorded in previous years, mainly in terms of transactions with land and apartments in new residential buildings, shows a Crosspoint Investment Banking & Real Estate analysis.

Business Review: Demand for office space outside Bucharest to reach record level in 2015

Some 100,000 sqm of office space is expected to be delivered this year outside Bucharest, double the level reported last year, say consultants. IT and outsourcing companies remain the main growth engines behind this, but for how long will regional office markets in cities like Timisoara, Cluj-Napoca and Iasi be able to maintain their momentum?

Local investment funds rose by 1.9 per cent in April

The net assets of local investment funds rose by 1.9 per cent in April, having exceeded the amount of 4.5 billion Euros, the Fund Managers' Association (AAF) announced on Wednesday.

Housing priced EUR 19,500 to EUR 240,140 at National Real Estate Fair

The cheapest studio put up for sale at the National Real Estate Fair (TNI), which runs until Sunday at the Palace of Parliament, costs EUR 19,500, VAT included, being located in Berceni, and the most expensive housing, a three-room apartment near Foisorul de Foc, is priced EUR 240,140.

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