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LaborMed, most profitable exit from CEE market
LaborMed Pharma, Terapia and Sindan, the three major drug makers sold over the past three years, were some of the most profitable for sellers, according to a survey conducted by A.T. Kearney...
A&D Pharma's growth comes from non-pharmaceuticals
The A&D Pharma group, the largest player in the local drug industry, posted higher than expected increases in the first quarter of this year, a heavier rise on the OTC drugs segment (drugs t...
How Petrom integrated 10,000 staff from Petromservice
Around 25 people coordinated the reshuffling of 13,000 employees, now part of a new unit at Petrom after the takeover of oil activities from Petromservice. The step is logical, despite the t...
Ecolor sees 30% turnover increase from sales to IKEA
Cluj-based Ecolor, which manufactures furniture exclusively for Swedish group Ikea, posted an over 4.3 million-euro turnover in the first three months of the year, up 30% against the same ti...
Steilmann suffers from personnel shortage
With every mall or hypermarket launch, employers in the clothing industry lose tens and even hundreds of staff, writes this week's BUSINESS Magazin. "Employers are all talking about how much...
UniCredit separates management from supervision
Daniela Rohan, human resources manager at UniCredit Tiriac Bank, has been appointed to the position of executive vice-president, and will become the seventh member of the Executive Board. In...
Aqvila Club derives 50% of business from teambuilding
Aqvila Club, a four-star hotel in Rucar commune held by three local entrepreneurs, derives 50% of its turnover from teambuilding activities, which are organised for companies such as Petrom,...
BT raises a further 30m euros from IFC
IFC, the investment arm of the World Bank, will discuss the approval on May 12 of a loan worth 30m euros for Banca Transilvania. Half of this sum is granted over a ten-year period and will g...
Headhunters can make up to 100,000 euros from recruitment
The recruitment of a Romanian manager can cost up to 25,000 euros, while in the case of expat managers, costs can be four times as high, depending on the salaries involved. "For a general ma...