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Almost 400 Bank Branches Closed and 2,340 Employees Left by End of September 2019
The restructuring of the banking system’s territorial network and number of employees continued in the first nine months of this year. The number of branches fell by 397 and the number of em...
Radu Hanga, New President Of Bucharest Stock Exchange
Radu Hanga is the new President of the Bucharest Stock Exchange, the operator of the local RON175 billion worth capital market, according to ZF sources from the Shareholders General Meeting.
Business Services Industry Generates EUR4.5B Revenues in 2018
The business services industry generated revenues of over EUR4.5 billion in 2018, more than 2% of Romania's gross domestic product, according to estimates of the Romania Business Service Lea...
Puma SUV Takes Ford Romania Plant to 6,200 Employees
Ford Romania has grown to 6,200 employees in its plant in Craiova this fall, after hiring 1,700 people. The hiring was because of the start of the production of the Puma SUV last month, asse...
Romanian Executive Put in Charge of GM Operations in Russia and CIS
US giant General Motors appointed Romanian Ciprian Suta to the position of managing director of the operations in Russia and CIS states, effective October 1, 2019.
Citibank Names Daniyar Akiyanov Treasury and Trade Solutions Head For Romanian Operations
Citi Romania, the local division of U.S. banking group Citibank, has announced the appointment of Daniyar Akiyanov to the position of Treasury and Trade Solutions Head.
Carrefour Romania CEO: Personnel Turnover in Retail May Be as High as 100%
Personnel turnover in the retail sector stands at 49% on average, higher than in France, says Jean Richard de Latour, CEO of the local operations of French giant Carrefour.
BestJobs: Two Thirds of Romanian Employees Are Highly Stressed at Work
One in two employees in Romania say they deal with high levels of stress at their current job, while 15.4% of employees say stress levels at work are unsustainably high, according to a poll...
BCR Chief Economist Horia Braun Appointed CEO of Erste AM
Horia Braun, chief economist of BCR, one of the largest lenders in Romania, has been appointed chief executive officer of Erste Asset Management, which means Dragos Neacsu, who had run the l...