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IBM Opens Office In Cluj, Continues Hiring
IBM Romania, the local subsidiary of world’s largest IT service provider, has opened an office in the Maestro Business Center building in Cluj and rented one more floor and a half in Global...
France Telecom VP Brigitte Bourgoin Ends Her Term In Orange Romania Board
Brigitte Bourgoin, one of France Telecom’s vice-presidents who supervised the expansion of the French group on international markets, Romania included, in the nineties and was a member of th...
Seven BCR Managers Received Over EUR4M Pay For Last Year
BCR, the largest bank on the Romanian market, last year paid gross salaries worth a total of EUR1.7 million to a group of seven people in the management team and to people with exceptional c...
Former Head Of Douglas Perfumeries Takes Reins Of Inditex’s EUR100m Business
Inditex, the largest local fashion retailer, has appointed Paul Cuza, 38, as general manager for Romania, former country manager of Douglas perfumeries. Inditex posted around EUR100 million...
Georgescu, Gecad: You Have To Leave Eastern European Comfort Behind To Get Listed In The US
Romanian entrepreneur Radu Georgescu has moved the headquarters of e-commerce software producer Avangate to the US, where he has recruited a top management team that will take the difficult...
Spain Reintroduces Work Permits For Romanians
Spain’s Government on Friday decided to reintroduce work permits for Romanians, restricting their access to its labor market, Spanish media reported, citing Government spokesperson Jose Blan...
Spain’s Work Restrictions For Romanians Most Likely Enforced Starting August 1
The Council of Ministers in Madrid will discuss Friday the proposition of the Spanish Ministry for Labor and Immigration to temporarily restrict Romanians’ access to the local labor market,...
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...
Intesa Sanpaolo Bank Romania Appoints New CEO
Intesa Sanpaolo Bank Romania on Wednesday said it has appointed Ezio Salvai as chief executive officer, replacing Nicola Calabro who was transferred to another bank within the group.