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Delphi: Iasi plant will be run by Romanian managers
American automotive components producer Delphi, which is hiring over 10,000 people in the two plants it owns in Timis and Arad, has already recruited 34 employees of the first 300 to be hire...
Romanian banks grant 500m-euro funding for Transgaz offering
Romanian banks granted credits and letters of guarantee worth around 500 million euros to investors, in order to subscribe the Transgaz offering, according to sources from the financial mark...
Romanian hotel owners contract international franchises
Over the last few years, Cluj-Napoca has become an increasingly attractive destination for big international hotel chains; whilst until now, the majority of investments have been conducted b...
Romanian Ventures a iesit din actionariatul Capitol Bucuresti
Romanian Ventures, unul dintre actionarii companiei hoteliere Capitol Bucuresti (CABU), si-a vandut vineri pe piata RASDAQ participatia de 22,7% pentru 1,04 mil. lei (298.000 de euro). Trans...
Most valuable Romanian held private companies
This year, only 16 Romanian-held firms entered the Top 100 Most Valuable Companies, drawn up by ZF in partnership with investment firm Capital Partners. The most valuable Romanian-held compa...
Flamingo considers 40 Romanian cities for expansion
Jiri Rizek, CEO of the electronics and home appliances retailer Flamingo International, says he is examining 40 cities in Romania with a view to opening stores with surface areas of 600-1,00...
Romanian banks see declining profits
The profit rate of Romanian banks continued to go down in the third quarter of the year, with the return on equity dropping to 10.3%, i.e. two percentage points below the level seen midway t...
Romanian managers are better paid than Hungarians
The net monthly income of a Romanian middle manager working for a major multinational or in an expanding field (retail, banking, IT, financial services) exceeds, on average, 2,800 euros, whi...
Banks have trouble finding top Romanian managers
Banks are attempting to recruit Romanian managers, however it is proving difficult to find top candidates with the necessary experience, explains Dan Pascariu, UniCredit Tiriac Bank board ch...