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ING's Boyer believes one more year of financial crisis still to come
The world is going through a period of intense stress and is likely to experience the financial crisis for another year, believes Eric Boyer, a member of ING Group's executive board and head of the wholesale banking division. "Based on my thirty-year experienc...
Dominic Bruynseels has until December to come up with BCR strategy
British businessman Dominic Bruynseels effectively took over the duties of chief executive at BCR yesterday, after having travelled extensively throughout the country with Manfred Wimmer in...
Lugera: Highest profits come from recruitment
Personnel recruitment brings Dutch-based Lugera & Makler the highest profit margins, around 30%, three times more than personnel leasing. The company, ranked second on the domestic recruitme...
Construction workers ask for 700-euro wages to come back home
Romanians employed in the constructions sector in Italy say they would come back home if they were paid 600 to 800 euros per month, three times higher than the official average wage on the R...
Covalact shareholders come up with 4m euros to increase capital
Covalact, the dairy producer, which this year sold 70% to US-based investment fund SigmaBleyzer, will increase its share capital by 13.5 million RON (around four million euros), in order to...
CAS reduction by 6% will come in three instalments
As initially announced by the Government, social security contributions (CAS) will see a reduction by six percentage points next year, however, the reduction process will be conducted in thr...
Czechs at Wood come to Bucharest
Czech investment bank Wood & Company, is the first authorised brokerage company from a EU country to ask the Stock Exchange to allow it to access the trading system in order to broker transa...
Top foreign banks come in search of private and investment banking clients
Old names of the European banking industry - the Royal Bank of Scotland (UK), established 1727 and Lombard Odier Darier Hentsch Private Bank Limited (Switzerland), established 1796, as well...
COS: We've come to sell concepts, rather than furniture
COS: We've come to sell concepts, rather than furniture