Investments over 59 million lei at TAROM in 2014

The Romanian national airline TAROM has earmarked investments of 59.31 million lei (1 leu = 0.2272 euro) in its 2014 revenue and expenditure budget published in the Official Journal.

The document includes a forecast of a 116.8 million lei estimated losses.

Total revenue amount to 1.55 billion lei, including 1.44 billion lei operational income and 103.79 million lei financial income. Total expenditure is 1.667 billion lei, including 1.56 billion lei operational expenditure and 102.29 million lei financial expenditure.

Staff costs are 200.13 million lei, including 131.18 million lei salary expenditure and 2.52 million lei bonuses.

The estimated number of employees at the end of 2014 is 2,110 , and the average 2,045.

The employees' monthly average income resulting from the aforementioned staff costs is 5,488 lei.AGERPRES