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HR companies: Employees are now willing to work for much lower salaries
Recruitment and executive search companies are getting more and more CVs from employees in real estate, banks, manufacturing, PR and advertising, who have been affected by streamlining and reorganisation and are willing to work for lower salaries.
Prista Oil posts lower turnover due to oil prices
Bulgarian manufacturer Prista Oil, one of the top lubricant importers on the local market, estimates its sales rate in Romania will go up 50% in the second half of the year, to 9 million eur...
Top 15 car part producers see higher sales, but lower profits
According to a ZF survey, the top 15 companies that operate in the car part industry derived a cumulated net income worth 11m euros last year, down from 39m euros, the level reported in 2006...
Rompetrol's refining company posts 61% lower profit
Rompetrol Rafinare (RRC on the stock exchange), the main company of petroleum group Rompetrol, led by businessman Dinu Patriciu, posted net profit worth 1.8m euros (6.7m RON) in the first si...
Farmexpert expects lower profit margin
Drug distributor Farmexpert, one of the main players in the field, saw a 20% sales increase in the first four months of this year, in line with full-year estimates. The company intends to re...
Comcereal Valcea estimates 8 times lower turnover
Comcereal Valcea, a trader of cereals, seeds and fodder, estimates a 1.31 million-RON turnover for this year, 8 times lower than the 10.52 million-RON registered in 2007, according to a comp...
Lower profit for Alpha Leasing, losses for Alpha Finance
Alpha Leasing, the specialist company of the Greek Alpha Bank group posted gross profit worth 1.42 million euros last year, down almost one million euros compared with 2006, while turnover s...
Auchan operates at lower margin in Romania than in France
The margins operated by retailer Auchan in Romania are 12-13%, while the same margin on the French market stands at 22%, Regis Mougel, manager of the Auchan hypermarket network in Romania to...
Carabulea: Carpatica's lower profit is natural
The net profit of Banca Carpatica saw a strong decline last year, by almost 59% against 2006, to 7.98 million RON (2.4 million euros), however, Ilie Carabulea, the main shareholder of the le...