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Silvarom sees 50% of staff leave in under one year
More than 300 employees at Silvarom, a leading furniture producer, have left the company to work abroad or in the constructions sector. Silvarom now has 400 employees, compared with 725 in the first half of last year. "Many have left to work abroad and many we...
NBG to rebrand branches under one name
Banca Romaneasca and all the domestic subsidiaries of NBG (National Bank of Greece) group will be rebranded in the following months, to have a common identity. NBG, a major player in Greece...
BT starts to sell loans under new norms
Banca Transilvania (BT) on August 15 started to sell individual loans in line with the norms approved by the NBR. "Employee training took some time, as we had around 5,200 people and were no...
QVT: We're buying companies which are small or under restructuring
Profits derived by companies listed on the Bucharest Stock Exchange are not as high as investors expected and are disproportionate to share prices, which are too high, says Angelo Moskov, CE...
Banks under pressure to provide greater network efficiency
Banks can make a more efficient use of their existing networks through the sale of products, as an alternative to costly territorial expansion, which is becoming more and more expensive. "We...
NBR: 40% debt cap only under certain conditions
The National Bank has warned banks that the new upper indebtedness level for a client, set at 40% of eligible incomes until the internal credit norms of each bank are approved, can only be a...
Producers working under contract move to real estate sector
Producers working under contract move to real estate sector
Maspex puts operations under one umbrella
Maspex puts operations under one umbrella
Leasing falls under NBR's credit restrictions
Leasing falls under NBR's credit restrictions