massive
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Massive capital outflows prompt foreign currency deficit
Money is leaving Romania. Have the multinationals reached the consolidation stage and stopped reinvesting their profits? It is certain that capital outflows have been obvious on the interban...
Loss-making state-owned enterprises heading for massive personnel cutbacks
With less than half of the total number of employees in Romania, the private sector accounts for almost 70% of the Gross Domestic Product.The APAPS portfolio is left with some companies that...
Tractorul to see massive layoffs
After months of negotiations to sell Tractorul Brasov, the Privatisation Authority and Myo-o company have reached the most delicate issue: the number of employees. Both parties agree that ha...
Movie theatres need massive investments
Movie theatres need massive investments
Movie theatres need massive investments
"The Romanian cinema has been ailing for 12 years now. In the beginning, it was just the flu, which got film producers complaining, but movie theatres were full anyway. Later, it caught all...