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Software industry recruits majority of qualified graduates each year
The number of employees in the local software sector has more than doubled over the last five years from around 25,000 to over 55,000 employees, according to preliminary data from a survey c...
Ghenea buys 51% of Viking
Marius Ghenea, one of the founders of electronics, home appliances and IT&C retailer Flamingo, has acquired 51% of shares in the Ploiesti-based metallic roofing manufacturer Viking Profil, a...
Marsh: Brokers will handle 7-8% of voluntary pensions
Insurance and pension brokers will intermediate only 7-8% of the number of new voluntary pension contracts (3rd pillar) starting this year, estimates Daniela Barbieru, senior consultant at M...
Asirom sells 16m euros' worth of assets in search of profit
Asirom, one of the largest insurance companies on the market, has decided to sell all of its non-insurance related assets, which are worth around 16 million euros. "These assets are real est...
BMW: Romanian wages, 20% of Western European level
BMW did consider building a plant in Eastern Europe, but the presence of important suppliers on markets in the West outweighed the advantages of the cheaper labour in the East. "Compared to...
Daianu: Tighter regulation of banking field needed
Romanian banks' retail lending conditions are too lax and a possible real estate market correction could cause problems particularly for those who took out loans in order to take advantage o...
The Best of fratii Coen
No Country for Old Men nu este un film de actiune, o drama, un thriller sau un horror, desi aduna esentialul din toate aceste genuri. Fratii Coen au aici o precizie pe care n-au mai atins-o,...
ArcelorMittal Roman buys 7.7m euros' worth of raw material
ArcelorMittal Tubular Products Roman, a manufacturer of steel pipes, controlled by the ArcelorMittal group, purchased raw material worth 7.7 million euros from ArcelorMittal Hunedoara, a mem...
Privatisation of Antibiotice Iasi put on hold indefinitely
The largest privatisation in the pharmaceutical industry, the sale of 53 percent in Antibiotice Iasi, held by AVAS, has been put on stand-by by the Assets Resolution Authority again. The int...