He said the basic wages will be supplemented with an amount computed based on efficiency and the level of subsidies, profit and loan reimbursement for each company.
In an emergency Ordinance adopted Wednesday, the Romanian government redefined the term of “contract per mandate” and set the rights and obligations of presidents of state-owned companies, or of companies where the state is majority shareholder.
The new contracts will be enforced as of January 1, 2009, while existing contracts will remain valid until the end of the year, the government said in a statement.
Last week, the Romanian authorities decided to lower monthly wages in government-run agencies to match the wages earned by state secretaries.
The government also decided to limit the participation of dignitaries to a single board of administration with public institutions.
The move followed media reports on disproportionate wages paid to the heads of public institutions compared to average salaries earned by Romanian citizens.