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Bogdan Badea Named CEO Of Hidroelectrica
Bogdan Badea, former interim director of Hidroelectrica, the biggest electricity producer and the most profitable state-run company, has been appointed the company’s Chief Executive Officer...
Survey: Labor Shortage Drives Companies to Invest in Digitization
Two thirds of Romanian companies are determined to invest significantly in digitization in the next three years, as 80% of them are confronted with lack of qualified employees, among other r...
Mihaela Bitu Named CEO of ING Bank Romania
ING Bank Romania has appointed Mihaela Bitu as its new CEO, starting July 3, replacing Michal Szczurek who was the bank's CEO for the past seven years, the bank announced Thursday.
Worst Hit Companies If Income Tax Exemption for Programmers Is Dropped
Oracle, IBM, Ericsson, Endava, Luxoft and Nokia, which have thousands of employees in the biggest cities in Romania will have to increase their salary budgets by 10% if the tax exemption for...
Romania’s Wage Bill to Overshoot EUR100B Mark by 2020
Romania’s wage bill (which includes all net wages, taxes and related contributions) stood at EUR80 billion in 2018 and will amount to more than EUR100 billion in 2020, Eurostat data show.
Percentage of Employees Under 30 Down in Almost All Sectors
Forty-five percent of the employees of the shared services-type outsourcing centers were less than 30 years old in 2018, which means this is the sector with the highest percentage of young p...
Ascendis Trains 500 Managers, Entrepreneurs Via EU-Funded Project Worth Over RON4M
Ascendis Consulting has completed an EU-funded project worth over RON4.2 million, aimed at developing the abilities of managers and entrepreneurs within companies operating in Romania.
Blue Air Appoints Oana Petrescu as CEO
Romanian airline Blue Air has appointed Oana Petrescu as its new general manager, the company said Monday.
Public Sector Salary Spending Doubled in Four Years
Public sector personnel spending reached 15.7 billion lei (EUR3.3 billion). At the current increase rate, the public sector salaries will reach RON108 billion this year, double the level of...