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Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at andrei@romania-insider.com. 

 

Romanian Govt. ups minimum statutory wage by 10.9%

Starting with January 1, 2022, the minimum statutory gross wage will increase from RON 2,300 to RON 2,550 per month, according to n emergency ordinance (OUG) passed by the Government on October 4, Hotnews.ro reported.

The rise accounts for an increase of 10.9%, which in absolute value means RON 250 in gross amount. In net value, the salary will increase by 10%, respectively by RON 138 (EUR 27).

According to the data communicated by the Labor Inspectorate, there are currently about 1,970,000 employees with active and full-time employment contracts with a salary of less than RON 2,550 (minimum statutory wage at this moment).

Overall, there are some five mln employees in Romania. As regards the pensions, finance minister Dan Valceanu mentioned a 6%-7% increase as of January. He explained that, under the recovery and resilience plan PNRR, Romania must draft a new pension law that will keep the overall envelope within a certain trajectory.

(Photo: Shutterstock)

andrei@romania-insider.com

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Profile picture for user andreich
Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at andrei@romania-insider.com. 

 

Romanian Govt. ups minimum statutory wage by 10.9%

Starting with January 1, 2022, the minimum statutory gross wage will increase from RON 2,300 to RON 2,550 per month, according to n emergency ordinance (OUG) passed by the Government on October 4, Hotnews.ro reported.

The rise accounts for an increase of 10.9%, which in absolute value means RON 250 in gross amount. In net value, the salary will increase by 10%, respectively by RON 138 (EUR 27).

According to the data communicated by the Labor Inspectorate, there are currently about 1,970,000 employees with active and full-time employment contracts with a salary of less than RON 2,550 (minimum statutory wage at this moment).

Overall, there are some five mln employees in Romania. As regards the pensions, finance minister Dan Valceanu mentioned a 6%-7% increase as of January. He explained that, under the recovery and resilience plan PNRR, Romania must draft a new pension law that will keep the overall envelope within a certain trajectory.

(Photo: Shutterstock)

andrei@romania-insider.com

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