forced
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SoftNet Grup: Companies forced to recruit beginners
The large number of IT&C multinationals that have entered the Romanian market, which require more personnel than is available on the market, has prompted a strong wage increase and caused a large number of beginners to be recruited. "The results (of the high d...
Petrom's Arpechim refinery forced to close
The closing down of the Arpechim refinery following the suspension of the integrated environmental authorisation by the National Environmental Protection Agency in Pitesti, generated a 4.7%...
Emporiki analysts: Small players will be forced to merge
Greek banks have to expand rapidly in order to reach a level that would allow them to play a significant role in the South-Eastern European region, in the next stage of mergers and acquisiti...
Bankers forced to pay more for deposits
Interest rates paid for RON-denominated deposits continue to rise as bankers need more money, due to the fact that they were left with no RON after the central bank took away part of their f...
Austrians forced to sell 11.7% of Armatura Cluj
The Austrian company Herz Armaturen will sell 11.7% in the manufacturer of taps for household use Armatura Cluj-Napoca, out of its current 44.7% stake. The 11.7% stake is now worth over 0.5...
Asirom forced to accept minority shareholders
The chairman of Asirom''s Board of Directors, Nicolae Iliuta, will have to call a General Meeting of Shareholders by April 6 to have members of the Board of Directors elected by cumulative v...
Challenging forced execution is free of charge
A small company from Falticeni has overturned the Fiscal Procedure Code. The Constitutional Court found, in response to its petition, that there is no longer necessary to pay a bond for subm...
Patriciu says forced execution no good for State
Businessman Dinu Patriciu says the forced execution of the Petromidia refinery would not be to the best interest of the State. He says the best solution for the State, which holds more than...