12/06/2026
This morning, Romanian finance, commerce and IT workers braced the rainy weather for a powerful protest at the Bucharest Conference of the European Labour Conference.
The protest took place after three multinational banks – Raiffeisen Bank, Societe Generale (BRD) and ING – withdrew from the Romanian Council of Bank Employers (CPBR) in recent months. This meant that 60 per cent of banking workers – 30,000 people – could lose the protection of their rights and conditions through a sectoral collective agreement.
The agreement includes a specific minimum wage, severance pay and rest breaks which benefit thousands of workers in banks without company agreements. In recent days, ING and BRD signed up again to the sectoral agreement under union pressure. While being a positive step, it means the agreement still doesn’t extend to every worker in the sector as it previously.
Roxana Mînzatu, Romanian Commissioner responsible for social rights and skills, quality jobs and preparednessA trade union delegation shared their concerns with Roxana Mînzatu, Romanian Commissioner responsible for social rights and skills, quality jobs and preparedness.
Although the promotion of collective bargaining is included in the country’s Action Plan for the Promotion of Collective Bargaining 2025–2030, Romanian authorities have failed to create the necessary conditions for effective social dialogue and genuine negotiations.
Oliver Roethig, UNI Europa Regional Secretary, said: “The EU’s Minimum Wage Directive compels member states to promote collective bargaining. Romania used to be on a promising path with a groundbreaking erga omnes sectoral agreement in the banking sector that improved protections for thousands of finance workers. This progress has been put at risk by the decision of the banks to withdraw from the employers’ organisation. We stand with workers protesting today to demand their protections back – and for real social dialogue across sectors in Romania.”