restructuring
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Bank restructuring slows down
Expecting the economy to recover, bankers have slowed down even more the restructuring of their territorial networks and number of employees, while the salary average reported by the central bank stayed at 3,000 lei in net amount in the first quarter at over.
Big banks don't give branches up, average salary stays the same
Busy assimilating Ordinance 50 on credit contracts, banks went through the third quarter of the year without any major cost cutting moves - personnel restructuring and/or network restructuri...
How bankers managed to restructure on the back of the state
Bankers have managed to slash personnel costs without operating physical layoffs, in the context where a rising number of female employees are going on maternity leave, with indemnities paid...
How to make 94m-euro turnover with 1 employee
Energy trading has proven to be one of the most profitable businesses developed by extremely flexible companies in the last ten years, which manage to take full advantage of the massive rest...
Government begins restructuring. 200,000 bureaucrats have to go, businesspeople say
The Government is launching the tough restructuring measures for the public sector, saving the private sector from a tax hike or from the abrupt depreciation of the RON for the time being, w...
Why can’t Romania follow the Hungarian restructuring model?
The first step announced by the Hungarian Prime Minister to be, Viktor Orban, who is supposed to be invested at the end of the month, was to cut the number of ministries from 12 to eight (an...
Boc Cabinet No. 3 moves to restructuring No. 2, although fate of restructuring No. 1 is yet unknown
Prime Minister Emil Boc again postponed a decisive debate on restructuring the institutions subordinated to ministries.
Bancpost starts to see results of restructuring
The Greeks at Eurobank, majority shareholder of Bancpost, reported a 3.3 million-euro profit for its Romanian operations in the third quarter of the year. Since the fourth quarter of 2008, t...
Penescu brothers hire PricewaterhouseCoopers for restructuring
The PIC group, held by brothers Ilie and Cornel Penescu, has signed a contract with PricewaterhouseCoopers, which will assist the over 100 million-euro turnover and 1,500-employee group duri...