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Smartree: Private Sector Employees Got Higher Wages, Bonuses in 1Q
HR

Smartree: Private Sector Employees Got Higher Wages, Bonuses in 1Q

Employees in the private sector in Romania got 14% higher wages and 6% higher bonuses in the first quarter of 2017 compared with the same period last year, according to the Smartree Workforc...

Oana Gavrila · 08.06.2017 · 11:07 · 1 min
Romania Ranks Fifth Worldwide By 2017 Flight Price Index
Automotive

Romania Ranks Fifth Worldwide By 2017 Flight Price Index

Romania ranks first in terms of short-haul flights, with a cost of EUR2.79 per 100 km for low-cost services and places fifth worldwide (domestic and external flights), according to the surve...

Ecaterina Craciun · 02.06.2017 · 12:33 · 1 min
Auto Cobalcescu Headed Towards EUR30M Revenue
Automotive

Auto Cobalcescu Headed Towards EUR30M Revenue

Auto Cobalcescu, one of the largest Renault, Dacia and Nissan dealers in Romania, which also became a BMW dealer at the end of 2015, ended last year with EUR19 million revenue and expects gr...

Loredana Frățilă-Cristescu · 01.06.2017 · 00:00 · 1 min
Romania, Among Last In The EU By Inland Freight Transport In 2015
Automotive

Romania, Among Last In The EU By Inland Freight Transport In 2015

Romania ranks among the last in the European Union regarding inland freight transport, with less than 2,000 tons-kilometers per inhabitant, in 2015, according to data published on Friday by...

Ecaterina Craciun · 26.05.2017 · 14:52 · 1 min
UniCredit Leasing Ensures Operating Lease For Two TransMontana Locomotives
Automotive

UniCredit Leasing Ensures Operating Lease For Two TransMontana Locomotives

UniCredit Leasing Fleet Management provided operating lease services for two TransMontana electric locomotives manufactured by Softronic-Softrans Craiova, which will be operated for freight...

Ecaterina Craciun · 26.05.2017 · 13:10 · 1 min
Automotive

APIA: New Car Sales Up 12.6% In January-April 2017

New car sales in Romania rose 12.6% on the year in January-April 2017, due to acquisitions by legal entities, accounting for 79% of total acquisitions, according to data provided by the Roma...

Ecaterina Craciun · 23.05.2017 · 20:08 · 1 min
Romania’s Auto Industry Up To EUR22B, Faced With Labor Shortage
Automotive

Romania’s Auto Industry Up To EUR22B, Faced With Labor Shortage

The automotive industry, which generated EUR22 billion revenue from car and automotive component manufacturing last year, is increasingly attractive to foreign companies, especially because...

Loredana Frățilă-Cristescu · 19.05.2017 · 00:00 · 2 min
Gabriel Sicoe, ACAROM Head: Romania, Second Labor-Exporting Country After Syria
Automotive

Gabriel Sicoe, ACAROM Head: Romania, Second Labor-Exporting Country After Syria

Romania is seen as the second labor-exporting country, after Syria, which triggers the loss of employees’ competences in the country, Gabriel Sicoe, president of the association of automotiv...

Ecaterina Craciun · 18.05.2017 · 14:29 · 1 min
Tal Lahav, CEO New Kopel Group: Romania Has Huge Tourism Potential
Automotive

Tal Lahav, CEO New Kopel Group: Romania Has Huge Tourism Potential

Romanians will not return to their home country only through wage raises or certain advantages, and the government ought to get more involved in long-term projects, Tal Lahav, CEO of operati...

Ecaterina Craciun · 18.05.2017 · 13:53 · 1 min