Expat community in Romanian business costs over one billion euros a year - 14 Aug 2008

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Companies that employ the around 10,000 expats that work in Romania fork out 100 million euros each month (1.

2 billion euros per annum), given that the average salary package of a foreign manager revolves around 10,000 euros a month."For the multinational companies present on the Romanian market, there are at least 10,000 expats with fixed-term contracts."Around 300 new foreign managers join the management teams of multinationals in Romania, thus consolidating an expat community that is...

Read the whole story in: Ziarul Financiar