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Banks struggle to find new staff
The financial market''s hunger for bankers knows no limits. An increasing number of the current total of 39 banks - from the big players to the small - are now struggling to expand their bra...
Italsofa to expand without building new factory
Italsofa Romania, which is part of the Natuzzi group, one of the world''s biggest producers of sofas, has begun expanding its production capacity after its plant in Baia Mare reached maximum...
New developments on the market of nominal value securities
"Buy some for me at 40% of the nominal value." That''s what one investor was telling a broker of financial instrument transactions. However, the issue is not about an investor and a broker o...
Grand Plaza Hotel to invest 20m euros in new hotels
The owner of the Howard Johnson Grand Plaza, Grand Plaza Hotel, is to invest 20m euros over the next two years in three new hotels (one in Bucharest and two outside the capital), says Tinu S...
New Labour Code comes into force
Romania''s new Labour Code came into force on Tuesday after being published in the Official Gazette one week after adoption by the Government. The normative act was enacted last week exactly...
Elbit Systems wins new contracts
In a partnership with Romanian aircraft manufacturer IAR Brasov, the Israeli company Elbit Systems has won two new contracts worth 25 million dollars. The contracts are for upgrades to Roman...
Brokers bracing for new prices and calculations in RON
Now that the jitters of bringing the card systems back online are over, it is the turn of the forex market and the stock exchange to start dealing with the new ROL (RON). How much will the "...
Ziarul Financiar marks shift to new, stronger domestic currency
Last night at midnight we turned back the clock. The slashing of four zeroes from the ROL is nothing more than a cosmetic move, though it will have a practical effect - the strengthening of...
Henkell eyes new acquisitions
German sparkling wine maker Henkell & Soehnlein, which acquired the manufacturer of Angelli sparkling wine in Romania two years ago, is now interested to buy new brands on the Romanian marke...