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4,500 bankers may take a pay cut as of August
The net incomes of the employees that earn gross salaries in excess of 6,350 RON could go down as a result of a modification of the social security law. The salaries of approximately 600 of...
Tariceanu wants to cut labour taxation
The social security contributions paid by employees could be cut by up to 6% next year, Prime Minister Calin Popescu Tariceanu said yesterday. "We decided a priority for 2008 is an up to 6%...
E-tickets to cut airline costs by 25m euros
Romanian regular airlines will cut down their costs by over 25 million euros this year if they switch from paper to electronic tickets, considering the estimated traffic flow of 3.8 million...
NBR rate cut caused by fear of some major risks
The NBR expects the inflation rate to reach a level of 4.3% in Q1, climb to 4.7% in Q3, settle at 4.6% by the yearend, and stay there in Q1, 2008, as well. In addition, according to the late...
Cut in first registration tax could cause layoffs at Dacia
Dacia carmaker's officials have stated that, after negotiations conducted by Romanian officials with experts at the European Commission, it appears that if the first registration tax is lowe...
200m-euro investments to cut Arpechim's costs
200m-euro investments to cut Arpechim's costs
Electrica: business down and profit cut in half
Electrica: business down and profit cut in half
Distributors cut LCD and plasma TV prices to boost sales
Distributors cut LCD and plasma TV prices to boost sales
Angst to cut product range, expand network
The general manager of charcuterie producer Angst says he will start restructuring the product portfolio this year, to adjust to European trends. "If pushed too far, diversification is non-p...