Aramis Invest, the company from Baia Mare that produces furniture exclusively for Ikea, has announced a 30% salary reduction for several hundred employees from the TESA staff, according to consultant Doru Șupeală. This measure affects office employees, including those in the finance, accounting, operational, and engineering departments, who have higher salaries than production workers. The decision comes against the backdrop of difficulties faced by the Romanian furniture industry, recalling the recent bankruptcy of the company Taparo, which led to the loss of thousands of jobs. In February, Aramis implemented a reduced work program of four days a week, which resulted in a decrease in activity and salaries by approximately 20%. This situation raises questions about the sustainability of the business model of Romanian factories that depend on international clients, having a low added value.
Latest News
17:23
The EU has announced humanitarian aid of 2 million euros to support Nepal.
17:17
The government has extended the special measures for Transelectrica until September 30, including the reduction of energy exports, in the context of the hydrological deficit and increasing consumption.
17:03
Over 113,000 Russians have crossed the border into Georgia amid rumors of a new military mobilization.
17:03
Nepal refuses international aid for search and rescue operations after the devastating floods
16:49
Online fraud alerts in Romania / Hackers use various methods, including voice cloning, to deceive people
See more news