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EMPLOYEES

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Oltchim Puts 1,025 Employees On Furlough In August
Energy

Oltchim Puts 1,025 Employees On Furlough In August

Romanian state-run chemical producer Oltchim Ramnicu-Valcea (OLT.RO) Tuesday said it will put 1,025 employees (about 30% of its workforce) on furlough until the end of August, due to lack of...

Bogdan Neagu · 09.08.2011 · 10:21 · 1 min
Social/Politics

Economy Ministry’s SME Agency To Up Staff Numbers By 39 People

The Romanian Economy Ministry’s agency for small and medium sized businesses will raise its staff numbers by 39 people to be taken over from other institutions under the ministry’s authority...

Oana Gavrila · 03.08.2011 · 12:07 · 1 min
Companies

Braiconf Sees Rising Productivity With One Third Of The Employees It Had Ten Years Ago

The situation of the textile industry in recent years is best reflected in the evolution of Braiconf, one of the oldest domestic brands: in 2005, shareholders complained about the high perso...

Cristina Roșca · 22.07.2011 · 00:00 · 2 min
Banks-Insurance

Employee Numbers In Romanian Insurance Industry Down 7.1% In 2010, To 19,060 - CSA

Romanian insurance and brokerage companies employed a total 19,058 people at the end of last year, down 7.1% compared to the end of 2009, according to a report of the Romanian insurance regu...

Oana Gavrila · 20.07.2011 · 15:03 · 1 min
Technology &Telecoms

HP Reaches 3,100 Employees At Its Bucharest Center

Global eBusiness Operation Center (GeBOC), the Bucharest consulting and IT services center of US company Hewlett Packard, has reached 3,100 employees in Bucharest, after hiring more than 2,0...

Adelina Mihai · 08.07.2011 · 00:00 · 1 min
Energy

OMV Petrom To Pay Up To RON31,100 Per Laid Off Employee

Romanian oil company OMV Petrom (SNP.RO) will pay compensation between 18,360 lei (EUR4,400) and RON31,100 for employees laid off, according to the public offering prospectus written as the...

Andrei Cîrchelan · 07.07.2011 · 17:08 · 1 min
Texas-Based Lufkin Hires First 25 People At Romanian Plant
Energy

Texas-Based Lufkin Hires First 25 People At Romanian Plant

US company Lufkin, producer of oil and energy equipment, has hired the first 25 employees at the new plant it is building in southern Romania in Aricesti, Ploiesti county. The Texas-based co...

Roxana Petrescu · 06.07.2011 · 23:45 · 1 min
Government To Raise Salaries Of Employees Managing Swiss Development Assistance
Social/Politics

Government To Raise Salaries Of Employees Managing Swiss Development Assistance

Romania's Government has decided to raise the salaries of employees handling the financial contribution allotted for Romania by Switzerland through a program to reduce economic and social ga...

Radu Bostan · 01.07.2011 · 19:30 · 1 min
Social/Politics

Over 1,000 Financial Guard Employees To Undergo Evaluation Deciding Layoffs

About 1,063 Romanian Financial Guard employees will undergo evaluation and, based on results, at least 291 of them (or 21%) will leave the institution, tax authority ANAF president Sorin Ble...

Tudor Ioana Raluca · 27.06.2011 · 15:17 · 1 min