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One can earn as much from consultancy as from working for a company, say former execs
Dragos Dinu, former CEO of pharmaceutical group A&D Pharma, and Nicolae Voiculescu, former head of Novartis Romania, say one can earn as much from consulting as in a private company.
One company brings half of VIG's turnover and income
Austria's Vienna Insurance (VIG) group, leader of the Romanian insurance market, with four companies in its portfolio, last year derived 24.2m-euro gross income, down 58% from 2008, accordin...
BSE approves financing for any company through alternative system
The Bucharest Stock Exchange (BSE) is set to launch an alternative trading system called CAN (Companii si Actiuni Noi - new companies and shares) soon, though which almost any firm can raise...
Biggest Romanian company predicts things will get worse
Petrom, the biggest domestic company, posted net income worth 923m RON (218.2m euros) in H1, down 45% from the year-ago period; around one third of this amount was obtained through hedging i...
GFR heads toward 120m-euro turnover
Grampet group, which includes freight rail company Grup Feroviar Roman, carriage repair company Remar Pascani, as well as Reva Simeria and Turist Semenic, will reach turnover worth 350m euro...
New Yorker focuses on provincial market this year
New Yorker, one of the largest German clothing retailers, will open another two stores outside Bucharest this year, while 2009 will see the company tap into the Bucharest market.
Canadian group SNC-Lavalin takes over engineering company Romproiect
Canadian group SNC-Lavalin, with annual turnover worth 6.7 billion dollars, has taken over engineering company Romproiect, with turnover worth 2 million euros, and is to complete acquisition...
Head of Allianz-Tiriac: Insurers' losses will be at least as big as last year
The insurance market will see net losses at least similar to those recorded in 2007, worth almost 76 million euros, forecasts Cristian Constantinescu, general manager of Allianz-Tiriac, the...
Autogas, the cheapest fuel with the biggest price increase
Liquefied petroleum gas (LPG), an alternative many Romanian car owners have resorted to in the face of rising petrol and diesel oil prices, has registered the steepest price increase among a...