• austriantimes.at
• croatiantimes.com
• salzburgtimes.at
• viennatimes.at
• austrianindependent.com

09. 09. 10. - 15:00

• more Business news...
• RSS Feed Business

09. 09. 10. - 15:00

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.

Almost half of Romanians live in poverty
Almost half of the Romanians (8.89 millions) are at risk of poverty or social exclusion, according to Eurostat data published today (Weds).

Police carry man off the snow and save his life
A man who had collapsed in freezing weather near a river, in Stoina, Gorj, southern Romania, was saved after policemen carried him for several kilometres.

New government with same eight former ministers proposed
The Romanian parliament will vote on the new government team, proposed by designated Mihai-Razvan Ungureanu, tomorrow (Thurs).

Forty-one dead in freezing weather
Another three persons have died due to low temperatures in the last 24 hours, the Romanian Health Ministry said today (Weds).

EC report on Justice is positive, minister says
Romanian Justice Minister Catalin Predoiu currently acting prime minister until the new government is voted in by the parliament, said today (Weds) that the European Commission's interim report on progress in justice is, overall, "positive".

Pink Martini concerts in Bucharest
American orchestra Pink Martini will give a concert in Bucharest on 26 May at the Palace Hall, part of the promotional tour for their latest album "A Retrospective", local organisers Events said today (Weds).

Romania's industrial output up
Romania's industrial output increased by 15.6 per cent in 2011, the National Statistics Institute (INS) said today (Weds).

Father tried for abusing four-year-old girl
A Romanian father was sent to trial for abusing his stepdaughter, aged only 4, prosecutors said today (Weds).

Pitch in best condition for Steaua-Twente match, authorities say
The pitch for the Europa League match Steaua Bucuresti - Twente Enschede will be in optimal condition, the Bucharest town hall promises, after criticism of the National Arena turf.

More Romanian tourists travel to Austria
The number of Romanian tourists to Austria rose last year, after two years of a decline, Austria's National Tourism Office in Romania announced today (Weds).