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Plapcianu: High costs can hinder network expansion
So far, banks have made money easily in Romania, but they are likely to encounter problems covering costs in the future, while relationships with customers will become increasingly important...
Companies can submit online tax statements in 2008
Starting in the second half of next year, all companies will be able to submit their tax statements online, according to a statement released yesterday by Daniel Chitoiu, head of the Fiscal...
NBR: Banks can easily take up to 19% RON decline
The National Bank has come to the conclusion that a 19% exchange rate increase would not have significant effects over banks' balance sheets or gains, given that they have low foreign curren...
Can Romania become Europe's India?
The representatives of some of the biggest players in the business process outsourcing (BPO) industry have launched operations in Bucharest in the last three years, turning Romania into a So...
WB: You can adopt the euro as early as 2012
Romania is in a position to adopt the euro as early as 2012, however, the experience of other EU members suggests the process must not be rushed, as real convergence needs to be achieved, st...
Bank CEOs can earn up to 220,000 euros a year
A chief executive officer of a company on the domestic market earns between 90,000 to 220,000 euros in net amount a year, that is 7,500 to 18,300 euros per month, reveals a salary survey con...
BCR: Romanians can save 17.5 euros / month
The potential average monthly saving for a Romanian citizen stands at 17.5 euros compared with 21 euros in the Czech Republic, 27 euros in Poland, and 36 euros in Slovenia, according to esti...
A headhunter can make up to 40,000 euros
Tariffs operated by recruitment companies on the local market cover a wide range of margins, from 500 euros for entry-level positions, to 40,000 euros in the case of getting a top manger for...
CEROPE: Only foreign investments can sustain rise in exports
Only by attracting foreign investments can the increase in exports be sustained, given that all of Romania's competitive advantages on foreign trade have been weakened, shows a study of the...