employees
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Michelin's Romanian employees invest abroad
The Romanian employees of tyre maker Michelin bought 250,000 euros' worth in the group's shares, traded on the international market.Nearly 70% of the 3,500 Romanian employees, that is 2,320...
SNP employees buy into Petrom Aviation
SNP Petrom Employees' Association yesterday put out a bid on RASDAQ to buy about 20% in Petrom Aviation (Romarc Fuel), a company dealing in aviation fuels. Petrom Aviation's majority shareho...
Private sector balks at severance packages for employees who barely remember work
The private sector, the one that is truly productive, will take it personally if the authorities give in to the union protests at the state-owned enterprises where layoffs are scheduled. The...
No more life insurance for employees
The insurance law will soon be modified to increase the maturity (the period of time that has to pass before the underwritten amount can be withdrawn) of the life insurance premiums included...
Distrigaz employees queuing for shares
The employees of the two natural gas distribution companies, Distrigaz Sud and Distrigaz Nord will be allowed to hold up to 10% in the two companies, as part of the privatisation process sch...
Policolor lays off 40% of employees
Paint maker Policolor Bucharest will soon lay off 40% of its nearly 850 employees, following the closing of the resin-making section, the main raw material used in producing paints.The decis...
Datanet Systems: 10 employees generate $4.4m turnover
Datanet Systems estimates 4.4 million dollars in turnover this year, 25% higher than in 2000, Gabriel Musat, the company's general manager, told Ziarul Financiar.The company was established...
Datanet Systems: 10 employees generate $4.4m turnover
Datanet Systems: 10 employees generate $4.4m turnover
IMF frowning upon salaries of budget-paid employees
International Monetary Fund (IMF) is not pleased with the too high increase in the salaries of the budgetary sector registered this year, governmental sources told Ziarul Financiar. This wil...