EMPLOYEES
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Oltchim's Decision To Put Over 500 Employees On Furlough Sparks Protests
Some 250 employees of Romanian chemical plant Oltchim Ramnicu-Valcea (OLT.RO) protested in Pitesti Friday over the company’s decision to put 506 employees on furlough between August 27 and S...
Oltchim To Put 506 Employees On Furlough Until September 30
Romanian chemical plant Oltchim Ramnicu-Valcea (OLT.RO) will put 506 employees on furlough between August 27 and September 30, because of the lack of working capital needed to restart petroc...
Romanian Insurance Staff Shrunk 19.7% In 2011, To Nearly 15,300
Insurance and brokerage companies in Romania reported nearly 15,300 employees at the end of 2011, down 19.7% from 2010, according to data provided by the country’s insurance regulator CSA.
Mechel Campia Turzii To Lay Off 400 Staff In August, September
Romanian steel works Mechel Campia Turzii (INSI.RO) Tuesday said it will lay off over 400 employees in August and September, on lack of orders.
Premium Car Sellers Have Most Profitable Employees
Importers of expensive cars had the most profitable employees last year. Each person working for BMW Group Romania, Porsche Romania and Mercedes-Benz Romania generated EUR45,000 to EUR550,00...
Each Employee Of OMV Petrom Gas Brought Over EUR700,000 In Profit In 2011
Each employee of OMV Petrom Gas, Alpiq RomEnergie and British Tobacco brought their companies net profit ranging between EUR250,000 and EUR722,000 in 2011, these being the most profitable em...
Top-20 Largest Employers Count Four Times More Layoffs Than Hires In 2011
The top-20 largest employers in Romania have counted a total of 23,000 layoffs and only 6,000 new hires in 2011, according to the data extracted from the Trade Registry and Finance Ministry.
Over 100 Employees Have Left Rompetrol This Year
Rompetrol, the second-largest player on the Romanian oil market, continued cost cuts in the first part of this year, with over 100 people having left the group since the beginning of 2012. R...
More Than 1400 Employees Left Romanian Banking System In 1Q 2012
More than 1,400 employees left the Romanian banking system in the first three months of 2012, one of the most significant quarterly declines since the start of the crisis.