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INS: Average Net Wage Slightly Up To RON1,556 In July
Romanian average net salary inched up 0.3% to 1,556 lei (EUR346) in July, from RON1,552 a month earlier, the statistics institute INS said Tuesday.
Renault Appoints New Manager To Romanian Factory
Renault has appointed Cornel Olendraru to replace Jacques Eudeline as general manager of Uzina Mecanica si Sasiuri Dacia (UMCD), one of the group's factories in Romania.
Romanian Insurers Cut 2,400 Staff During Crisis
Six of the ten largest insurance companies performed double-digit staff cuts during the crisis to keep spending in check after policy sales had collapsed. The ten largest insurance companies...
Bram Boon Returns As CEO Of ING Asigurari de Viata
Bram Boon, former CEO of Romanian insurer ING Asigurari de Viata between 2004 and 2008, will return to lead the company, after Cornelia Coman took over the management of ING Asigurari de Via...
Oresa Ventures Names New Manager At RTC Proffice Experience
Swedish private equity company Oresa Ventures has appointed Gabriel Muresanu as manager at its Romanian office supply distributor RTC Proffice Experience, to replace Laura Arghirescu.
Romanian Employers Granted Fewer Meal Vouchers To Employees In First Half
Large and small companies in Romania granted 1.2% fewer meal vouchers to their employees in the first six months of 2012, compared with the same period in 2011, according to the study "The e...
TVR To Lay Off Almost 980 Employees
The managing board of Romanian national television company SRTv decided Tuesday to lay off almost 980 employees, as part of the company’s economic recovery program.
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...
Romania Will Amend Corporate Governance Law To Speed Up Appointment Of Private Managers
Romania’s Government wants to amend the corporate governance law so professional managers at state-owned companies will be appointed within at most nine months, as well as set a list of thre...