Videos


Polls

  • Do you agree with the controversial cyanide mining at Rosia Montana?
  • show result

    all polls




Romanian company bosses, last in income rankings

Romanian Times

Romanian company bosses have been identified as bottom lights in a European comparison made by Vienna-based business consulting agency Kienbaum Management Consultants, the Austrian Times has reported today.

Romanian company bosses have an average annual salary of 57,000 Euros a year. Slovakia is third from the bottom at 126,000 Euros ahead of Hungary (114,000 Euros).

The firm said today (Thurs) that British business bosses topped the rankings with an average annual salary of 381,000 Euros, followed by Germany (328,000 Euros). Austrians have an average of 305,000 Euros a year, while Belgium is fourth (279,000 Euros), followed by Switzerland (267,000 Euros) and Ireland (262,000 Euros).

Kienbaum Management Consultants said they expected wages for all working groups in Russia (firm bosses’ annual earnings: 189,000 Euros) to soar by 11.5 per cent year on year in 2011, while Spaniards would earn just 1.6 per cent more next year.

Companies listed on the stock exchange were not considered by the survey.



Your comment to this article :

(will be approved by an editor before going online)

  • Not for publication:
  • How many vertical lines or which Text (from left to right) do you see in this image:

Tag cloud Switzerland  soar  earnings  survey  Kienbaum  salary  stock  Euros  Ireland  annual  Romanian  Spaniards  wages  bottom  Consultants  Management  business  fourth  Russia  rankings


Latest News

 

Health minister considers taxing fast food and beer
The new Health Minister Vasile Cepoi said today (Thurs) that the next Health Care Law might include a new tax on fast food and beer, local press informs.

Romania wont ratify ACTA
Romania will not ratify the highly controversial (Anti-Counterfeiting Trade Agreement)ACTA until the agreement won't be altered as to comply with demands recently formulated by the European Court of Justice, the minister of Communication Dan Nica told a press conference today (Thurs).

Romania wont ratify ACTA
Romania will not ratify the highly controversial (Anti-Counterfeiting Trade Agreement)ACTA until the agreement won't be altered as to comply with demands recently formulated by the European Court of Justice, the minister of Communication Dan Nica told a press conference today (Thurs).

Government to introduce ‘Robin Hood’ tax on oil companies
Minister of Economy Daniel Chitoiu announced today (Weds) that the government is working on a piece of legislation on introducing a supplementary tax on the exceptional incomes of the oil companies that should be passed by the year end and implemented as of 2013.

Education Minister stepps down amid plagiarism accusations
Ioan Mang, the education minister appointed only two weeks ago together with the new cabinet of Social Liberal Union (USL) leader Victor Ponta, resigned Tuesday (yesterday) night.

Brancusi’s son doesn’t want his father remains to be moved to Romania
John Moore, the only child of sculpture Constantin Brancusi, reacted to Romania’s intention to repatriate the remains of his father, saying his last will was to be buried in Paris at Montparnasse, Libertatea newspaper informs today (Weds).

Romania back in recession, growth to resume in H2
Romania officially entered recession today, following the figures published by the National Statistics Institute (NSI) that show a decrease of the GDP for two consecutive quarters (Q).

Police head sacked over underground boss runaway row
The head of the Romanian Police Liviu Popa (picture) was sacked today (Tues) by Home Affairs Minister Ioan Rus, the ministry informs.

UK Ambassador Harris says new Cabinet took right decisions so far
The UK Ambassaodr in Romania, Martin Harris says Victor Ponta’s new government got off on the right foot by making clear that its economic policy will continue to be framed within the programme agreed between Romania and the EU, World Bank, and IMF.

Carmen Sylvas x-rayed hand to be auctioned
A x-ray of the left hand of Romanian Queen Elisabeta will be auctioned in Bucharest by Artmark auction house, Libertatea newspaper informs today (Tue).

 



The most popular stories –
last 7 days



Friends and Partners