Romania’s communications minister announces salary hike for postal employees

29 October 2014

Communication minister Razvan Cotovelea recently announced a salary increase for everyone who works with the state-owned Romanian Post, after the company managed to steer back into profitability.

The Post expects a profit of EUR 10 million this year. The Minister failed to say how big will the salary increase be, and local media has already tied the announcement to the upcoming presidential elections, and to the fact that current Prime Minister Victor Ponta - Cotovelea’s boss - also runs for president.

The Romanian post has 27,000 employees. The company’s former management was dismissed because it approved salary hikes without respecting the law, authorities said at the time. The Post gets ready for privatization, with Belgian bPost the only bidder so far.

editor@romania-insider.com

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Romania’s communications minister announces salary hike for postal employees

29 October 2014

Communication minister Razvan Cotovelea recently announced a salary increase for everyone who works with the state-owned Romanian Post, after the company managed to steer back into profitability.

The Post expects a profit of EUR 10 million this year. The Minister failed to say how big will the salary increase be, and local media has already tied the announcement to the upcoming presidential elections, and to the fact that current Prime Minister Victor Ponta - Cotovelea’s boss - also runs for president.

The Romanian post has 27,000 employees. The company’s former management was dismissed because it approved salary hikes without respecting the law, authorities said at the time. The Post gets ready for privatization, with Belgian bPost the only bidder so far.

editor@romania-insider.com

Normal

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