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Second Female Member Of OMV Petrom’s Executive Board, In Charge Of EUR1B Business
Lacramioara Diaconu-Pintea has been put in charge of OMV Petrom’s natural gas and energy unit this summer, an about EUR1 billion business that accounts for 20% of the ‘economy’ of the oil an...
Major Banks Laid Off 8,000 People Since 2008, Salary Costs Still The Same
The ten largest banks in Romania laid off 8,000 people in the past six years, but their personnel spending remained unchanged at more than 3 billion lei.
Romania Ranks Last In EU By Hiring Ratio In 2014
Romania’s new staff ratio was at only 5.7% in 2014, indicating share of the persons employed at a current position for no more than 12 months among the total employees, according to the EU's...
Number of Insolvencies Down 56%, Registrations Up 13% In 1H
The number of Romanian companies under insolvency decreased 56% in the first half of 2015, at 5,736 units, according to the data released by the National Trade Registry Office, ONRC.
Garanti Head Hunted Bogdan Neacsu As Chief Risk Officer -Sources
Garanti Bank head hunted Bogdan Neacsu as Chief Risk Officer (CRO), replacing Emil Vonvea, who returned to the central bank, according to sources on the market.
Romanian Employers Start To Look At Greece To Fill IT Sector Vacancies
The serious shortage of skills in Romania’s IT sector is making employers look elsewhere for people to be able to meet demand from their customers, Daniela Miritescu, recruitment manager wit...
Executive Search Firm Alexander Hughes Changes Head
Dana Noujeim was named managing partner with executive search firm Alexander Hughes Romania, replacing Dana Patrichi.
Xavier Piesvaux, Mega Image: We’ll Expand To 500 Stores In Bucharest
Xavier Piesvaux came to Romania a decade ago when the Mega Image network numbered 19 stores and during his term the retailer became the largest in Romania, growing to 420 stores under severa...
IT Sector Salaries Up 17-Fold Since 2000
The high demand for workforce in the IT sector has led to a fast-paced increase in salaries over the last few years, taking the average monthly net income to more than 4,500 lei (EUR1,000),...