Tag Archives: productivity

The discussion about minimum wages or salary increases in Romania is mainly a political issue. From an outside perspective, it’s sometimes hard to understand that in all the talking and complaining about local salaries many issues are brought up the most important and therefore most decisive factor for higher wages is rarely mentioned or misunderstood. This factor is called ‘Labor …

As a foreigner living in Romania, its no question to me, that I have to assimilate to the romanian lifestyle and accept the way, life is going on here. Otherwise, I could leave the country as I was often told during the first months in Bucharest. Meanwhile, after a few years, I enjoy living in Romania and starting to defend …

One of the first official visits paid by Hans Klemm, the newly appointed US-Ambassador to Romania, was to the Ford plant in Craiova. The US car manufacturer is considering a new investment in Romania that could considerably increase the current output. For US-Ambassador Klemm, the visit in Craiova has had a particular note – his father had been a process …

Statistics may not be accurate all the time (see chapter 37), but it’s no statistical error or lie, when Romania usually ranks at the bottom within the EU when important economic factors are the subject. You’re for sure very well aware of the fact, that salaries – whether it’s the minimum wage or the average pay-check – paid in this …