Budget of Romanian National Investment Company increases fourfold

The budget of the National Investment Company (CNI) will increase four times in 2015, while the employees’ bonuses will go up nine times. The Regional Development and Public Administration Ministry has recently developed a draft project on CNI’s budget. The budget for the National Investment Company in 2015 is estimated at over EUR 192 million while the 2014 budget amounted to only EUR 45 million, reports local Economica.net. The budget for 2016 is around EUR 200 million, and the one for 2017 is estimated at EUR 220 million. The staff costs are estimated at about EUR 3.3 million in 2015, up from EUR 2 million last year. The bonuses will increase from about EUR 63,900 in 2014 to about EUR 566,000 in 2015. CNI carries out investment programs of public interest in construction. editor@romania-insider.com