multinationals
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Romanians in multinationals are more profitable than Western Europeans
Each Romanian employee in a multinational generated an annual gross profit of 5,898 euros in 2009 to foreign investors, surprisingly nearly 8% higher than that generated by a Western European employee, shows a survey conducted by audit and consulting firm Pric...
Salary raises by 4.5% from multinationals in 2010
Multinational companies present domestically further increased salaries by 4.5% this year, half the value applied last year, and increases were operated only for high performing employees, s...
Local ice cream producers do not join multinationals in promotion budget war
The biggest Romanian ice cream producers are expecting 10 to 30% increases in sales this year, even though their promotion budgets seem insignificant compared with the investments of Unileve...
Multinationals cannot find buyers for former factories' plots
The sale of unused assets, once the fastest way to bolster a company's cash reserves, has in the past year become a cumbersome process, at the very moment pressures on cash are at their peak...
Top multinationals send 100 Romanian execs to foreign branches
More than 100 Romanians hold management positions abroad with the foreign subsidiaries of the top 50 multinationals on the Romanian market in terms of turnover.
Multinationals spend 30,000 euros monthly on expat execs, half of which on salary
The net salary accounts for just half of an expat's costs in Romania. A multinational spends around 30,000 euros a month on an expat who holds a CEO or a general manager position, i.e. 360,0...
Romanian business owners pay their executives better than multinationals
The major Romanian companies pay up to 20-30% more to attract skilled people from multinationals, who have experience at large companies with a global presence, but also to offset the risks...
Multinationals sell over 1.5bn litres of beer in 2007
The local beer market topped the one billion-euro mark last year, and reached a volume of 19.4 million hectolitres, up by just 9.6% against the same time in 2006, when 17.7 million hectolitr...
Spumotim clashes with multinationals over skilled workers
Polyurethane foam producer Spumotim Timisoara expects to derive a 22 million-euro turnover this year, an increase of 10 percent on 2006, whilst first half results support these estimates. "W...