Over 3,400 Job Openings To Be Provided By 100 Companies At Top Employers Fair
Over 3,400 job openings will be provided by 100 companies within the Top Employers Fair organized on the 17th and 18th of October at the Palace Hall in capital Bucharest.
According to organizers, companies provide job openings for both people with less experience and people with relevant professional experience. No fewer than 15,000 visitors are expected to attend the fair.
According to a press release, over 200 HR experts will attend the event and job seekers will have the possibility to interview over video. (Adevarul)
Antitrust Watchdog: 26 Companies Risk Fines Following Investigation On Retail Market
Romania’s Competition Council may impose fines on 26 companies following its investigation on the local retail market targeting contracts concluded between Metro, Selgros, Mega Image, Interex and their suppliers.
“The investigation department has proposed to impose fines on all 26 companies investigated in this case. The hearings of retailers will take place on October 23 and the Competition Council will make a final decision in November,” the local antitrust watchdog head, Bogdan Chiritoiu, said Saturday.
According to Chiritoiu, the above-mentioned retailers concluded contracts with suppliers under which the latter pledged not to sell certain products at lower prices in any other place, throughout the promotion period which included offers like “one gets ten times the price difference if one finds a cheaper product someplace else.” (Evenimentul Zilei)
PM Ponta Says Romania Has Money To Hike Pensions By 5% As Of January
Asked if pensions will be raised by 5% starting January 2015, Romanian Prime Minister Victor Ponta said the Government has the “capacity to increase pensions based on the fiscal-budget strategy.”
Ponta said Romania can increase pensions by up to 5% starting January, beside the indexation operated every year. (Curierul National)
Official Data Show Romania Has Lowest Agricultural Yield In The EU
Agriculture, constructions and the drastic decline in public and private investments hindered Romania’s economic growth both in the second quarter and in the first half of 2014, pushing the country into technical recession.
However, Agriculture Minister Daniel Constantin is optimistic, saying Romania could end 2014 with a positive trade balance for agri-food products.
According to the minister, in the first six months of 2014, agri-food exports rose by EUR200 million from EUR1.8 billion in January-June 2013.
In 2013, Romania registered a trade surplus for agri-food products of EUR324.9 million, from a deficit of EUR745.5 million a year earlier. (Romania Libera)
Minister Expects Romania’s EU Fund Absorption Rate To Exceed 40% In October
Romanian EU Fund Minister Eugen Teodorovici expects the country’s current absorption rate of European Union funds to exceed 40% in October, after reaching 38.46% at the end of September.
“I expect the current EU fund absorption rate to exceed 40% in October, because this month Romania will ask the European Commission to reimburse nearly EUR1 billion,” said the minister, as quoted by Agerpres.
According to Teodorovici, Romania has cashed over EUR2 billion this year from the EU, more than it did in 2007, 2008, 2009, 2010, 2011 and 2012. (Puterea)
Klaus Iohannis Starts Presidential Campaign
Klaus Iohannis, head of the National Liberal Party (PNL) and the candidate of the Christian Liberal Alliance (ACL) at the presidential elections set for November, has started his campaign in the city of Craiova.
During his speech, Iohannis spoke about the “fight” against his main rival, Prime Minister Victor Ponta, arguing he is not fighting against Ponta, but against the system he represents.
The 14 contenders in Romania’s presidential elections have until November 1 to convince voters that they are the best to rule the country. (Puterea)