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Executives Expect Declines In Constructions In September-November
Macroeconomics

Executives Expect Declines In Constructions In September-November

Romanian companies expect construction activity will slow down in September through November compared with the previous three months, the statistics institute INS said in a survey Friday.

Neagu Bogdan Mircea · 28.09.2012 · 10:00 · 1 min
Romtelecom Strengthens Sales And Strategy Team With Managers From Procter&Gamble And Vodafone
Technology &Telecoms

Romtelecom Strengthens Sales And Strategy Team With Managers From Procter&Gamble And Vodafone

Romtelecom, one of the largest local telecom operators, with almost 5 million subscribers to its telephone, Internet and TV services, has made some changes in its strategy and commercial res...

Ecaterina Craciun · 24.09.2012 · 00:00 · 1 min
Energy

Oltchim: 33 Board Directors In Ten Years. Will They Be Brought Before Court?

The dramatic situation that Romania’s largest chemical plant, Oltchim Ramnicu Valcea (OLT.RO) is the direct responsibility of the 33 members of the Board of Directors who have alternated at...

Oana Gavrila · 19.09.2012 · 09:32 · 2 min
Banks-Insurance

Private Pension Funds Functioning Tax Up 50% As Of January 2013

The functioning tax paid by the managers of Romania’s mandatory (Pillar II) private pension funds will increase by over 50% as of January 1, according to a decision recently approved by Roma...

Manuela Panescu · 18.09.2012 · 18:50 · 1 min
Romanian Transport Ministry Shortlists 180 Candidates For 29 Manager Jobs In State Companies
Companies

Romanian Transport Ministry Shortlists 180 Candidates For 29 Manager Jobs In State Companies

The Transport Ministry received 3,500 CVs, organized 300 interviews, and ultimately came up with 180 candidates on the shortlists of private managers for 29 jobs in five state-run companies...

Tudor Ioana Raluca · 11.09.2012 · 00:00 · 2 min
Social/Politics

Bucharest Council Dismisses Heads Of Public Transport Authority, Heating Distributor

The Bucharest Council on Tuesday dismissed Viorel Popescu, the head of the capital’s public transport authority RATB, and Mihai Becheanu, manager of heating distributor RADET, from the posit...

Ioana Tudor · 04.09.2012 · 19:15 · 1 min
Retail Market Expected To Grow Slightly In August-October
Macroeconomics

Retail Market Expected To Grow Slightly In August-October

Romanian companies expect retail activity will see a modest growth in August through October, with both production and demand estimated to pick up from the previous three months, the statist...

Florentina Dragu · 28.08.2012 · 10:00 · 1 min
Highest-Paid Managers Recruited By Headhunters In Past Year
HR

Highest-Paid Managers Recruited By Headhunters In Past Year

The best paid manager recruited by headhunters in the past year works in the chemical industry and earns a net monthly salary of EUR14,000 plus an annual bonus of EUR50,000, according to dat...

Ecaterina Craciun · 27.08.2012 · 00:00 · 3 min
Romanian Retail Market Seen Up In July-September
Macroeconomics

Romanian Retail Market Seen Up In July-September

Romanian companies expect retail activity will pick up in July through September after posting a moderate growth in the previous three months, the statistics institute INS said in a survey M...

Florentina Dragu · 30.07.2012 · 10:00 · 1 min