POSTA ROMANA
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Posta Romana To Cut 2,000 Jobs, SNR To Cut 450 Jobs
About 2,000 out of 34,000 jobs will be cut from Romania’s state-owned postal company Posta Romana and 450 jobs will be cut from the National Radiocommunications Company’s current 1,950 jobs,...
Posta Romana Terminates EUR90M Contracts
Romania’s state-owned postal company, with EUR327 million in turnover and EUR29 million losses last year, has terminated three contracts worth around EUR90 million in total, signed between 2...
Posta Romana Restructuring Will Save RON50M A Year, Minister Says
Romania’s state-owned postal company Posta Romana will start an ample restructuring process that will last over the next months and that will save an annual 50 million lei (EUR11.8 million)...
BCR Lends Posta Romana RON40M For Working Capital
Postal company Posta Romana Tuesday said will borrow 40 million lei (EUR23.1 million) from lender Banca Comerciala Romana, or BCR, to help finance working capital.
Posta Romana Sends Employees On Unpaid Leave To Save RON7M Monthly
Romania’s state owned postal company Poata Romana will send its employees on two days unpaid leave each month starting June 1, until the end of the year, hoping to cut its monthly expenses b...
Posta Romana Acumulated EUR72M Losses With Political Management
State-held postal company Posta Romana ended last year with a loss of EUR29 million on a turnover of EUR327 million, after posting EUR43 million-loss in the preceding year, according to comp...
Government Weakens State-held Companies By Board Member Appoitments
Ionut Gogu, advisor to Communications Minister Valerian Vreme, and business partner of the minister’s wife, left the Board of Directors of state-owned postal company Posta Romana following a...
Posta Romana Board Member Resigns, While News Questions His Appointment
Ionut Gogu on Thursday stepped down from his position on the board of the Romanian state-owned postal service, citing personal reasons.
Posta Romana Restructuring To Affect 2,000 Employees
Restructuring the Romanian postal service will affect around 2,000 employees, or 6% of the total staff, some of whom will be laid off, company president Daniel Neagoe told MEDIAFAX.