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Analysts have divergent expectations of today's monetary policy meeting
Analysts do not have a common answer as to where the NBR might lead the monetary policy in today's meeting. Whereas most analysts had in vain predicted a relaxation of the minimal compulsory...
Siemens expansion takes a growth pace of 100 employees per month
The expansion of Siemens' operations in Romania, either through acquisitions, or through greenfield investments, has led to an increase in personnel at a rate of around 100 new employees per...
10% of Romanians provide for the remaining 90%
Romania is experiencing an alarming situation as far as the employment of workforce is concerned, because approximately 10% of the population has to provide for the remaining 90%, Paul Pacur...
1st of May, a very good barometer for the summer season
Over 10,000 tourists are currently holidaying at the seaside resort of Mamaia, a number exceeding hotel operators' initial estimates, stated Dragos Raducan, secretary general of the Federati...
RON, the currency of choice for savings
The RON returned as the population's favourite currency for savings, after placements in euros were more in demand last year. Starting November last year, deposits in RON have increased fast...
OTP Bank to rely on alternative channels for 50% of sales
Bankers have started to study more closely the possibility of distributing products through alternative channels as the rising prices of commercial space and the increase in salaries are dri...
Mega Image sales, in excess of 70m euros
Supermarket network Mega Image, which mainly operates on the Bucharest market, has posted 70.8 million euros in turnover last year, an increase of 14% on 2005, according to information suppl...
Bank of Cyprus tinteste credite de 100 mil. euro anul acesta in Romania
Bank of Cyprus va incepe operatiunile in Romania pana la sfarsitul lunii mai si vizeaza sa acorde anul acesta credite de in valoare de circa 100 de milioane de euro, in special pentru compan...
Are Romanians in danger of working themselves "to death"?
According to statistics, Romanian employees are neither more productive than other European employees, nor do they work more hours. However, the death of an Ernst & Young company manager due...