Webhelp: Romania Is No Longer a Low-Cost Outsourcing Destination
02.12.2019
Romania is no longer a cheap location to open outsourcing services centers like it was five years ago, but rather a destination with fair costs or even high compared with other countries in the world, says Raluca Leonte, CEO of the Romanian operations of French-held Webhelp group, one of the leading providers of business process outsourcing services in Europe.
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Romania’s Wage Bill up to EUR80B in 2018, Its Highest Level Ever 03.21.2019
Romania had a wage bill (total wages plus payroll taxes) of EUR80.3 billion in 2018, up EUR12 billion over 2017 and its highest ever. Its growth in... more
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Mega Image Set to Hire 1,100 People to Keep Up with Expansion 03.20.2019
Retailer Mega Image, which has grown to more than 670 stores in Romania, has about 1,170 jobs available at the moment, most of them for cashiers,... more
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India’s Infosys: We’ll Reach More Than 500 Employees in Romania 03.15.2019
India’s Infosys, which specializes in providing outsourcing IT solutions and services, will be hiring more than 300 people in Romania soon for... more
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Lithuania’s Apex Alliance Seeks 200 People to Hire for Its Three New Hotels in Bucharest 03.07.2019
Lithuania-based Apex Alliance group is looking for 200 to 220 people to hire for its three hotels under construction in Bucharest to be delivered... more
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Florin Sandor Leaves Intesa Sanpaolo Bank 03.05.2019
Intesa Sanpaolo Bank, the Romanian division of Italy’s Intesa Sanpaolo Group, announced the termination of the mandate of over four years of... more
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BenefitOnline Doubles Revenue in 2018, to RON32M 02.26.2019
BenefitOnline.ro, a local platform for employee benefits, said Tuesday its revenues doubled in 2018, to RON32 million, and reported a profit of... more
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Public Sector Wage Bill at Its Highest in Romania 02.19.2019
An analysis of the salary increases in the main categories of the public sector employees in the last few years shows the big winners in this... more
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BRD Pensii Has New General Manager 02.13.2019
The Executive Board of Romania’s Financial Supervisory Authority has decided in its meeting of February 13, 2019 to appoint Alina-Cecilia... more
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Consumer Loan Firm BRD Finance Appoints Marc Rey As General Manager 02.13.2019
BRD Finance, one of the leading players on the consumer loan market, held by BRD - Groupe Société Générale, has appointed Marc Rey as general... more
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Petre Bunescu Forgoes Position Of Deputy CEO Of BRD 02.06.2019
Petre Bunescu, aged 66, has decided to renounce his mandate as deputy CEO Finance/Treasury, starting March 1, 2019, the bank said in a statement... more
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Deloitte Romania Appoints Ruxandra Bandila As Director Of Marketing And Business Development 02.06.2019
Deloitte Romania has appointed Ruxandra Bandila as Director of Marketing and Business Development, reporting to Alexandru Reff, Country Managing... more
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One in Four Romanian Employees Earns Minimum Wage 02.06.2019
One in four employees in Romania or more than 1.4 million people earns a minimum wage of 1,263 lei (EUR266) in net amount per month. Last year 33%... more
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Alexandru Mitrache Promoted Head of Transactions – Land & Investment at C&W Echinox 02.05.2019
Cushman & Wakefield Echinox announced Tuesday it is strengthening its Capital Markets team by promoting Alexandru Mitrache as Head of Transactions... more
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Romatsa, Microsoft And Nuclearelectrica, Highest Paying Companies in Romania 01.31.2019
Romatsa, the public corporation that handles air traffic control, has the highest paid employees in Romania, with an average net salary of 21,800... more
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Government Raises Asian Migrant Quota to 20,000 in 2019 01.25.2019
The government decision draft regulating the number of workers from non-EU countries that may be allowed on Romania’s labor market in 2019 set a... more
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Poll: 2018 Was Hard for Recruiting – 29 Interviews to One Hire 01.10.2019
Nearly nine out of ten companies had a tougher time finding suitable employees in 2018 compared with previous years, interviewing an average 29... more
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IT&C, Retail and Hotel and Restaurant Sectors Account for Half of New Jobs in 2018 01.08.2019
Employers hired 96,400 people in the January-October 2018, and almost half of those new hires (48%) went to work in three sectors: IT&C, retail,... more
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Transelectrica Changes Its Directorate Members, Appoints Marius Carasol As CEO 12.21.2018
The Supervisory Board of Romanian state-run power grid operator Transelectrica (TEL.RO) has decided, at its meeting on Friday (Dec 21), to revoke... more
The lending rebound, the rise in interests and the improvement of portfolio quality helped Romania’s banking system post an
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Companies Bog’Art SRL Bucuresti, Construcţii SA Sibiu, Kesz Constructii Romania SRL Cluj and Porr Construct SRL Bucuresti have
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German Zeitfracht Group has joined the shareholding structure of low-cost airline Blue Air, holding 10% of the airline’s share
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Office building transactions in Romania reached the highest level of the last decade in 2018, of EUR957 million, according to the
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Chitila represents the future logistics hub of capital city Bucharest, for both warehouses and the light industrial production, in the
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The World Bank has revised its economic growth projections for Romania and now sees GDP growth at 3.5% in 2019 from 4.5% in its June
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Swiss giant Nestle, one of the largest players on the Romanian consumer goods market, will close its Romanian factory, located in the
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Fiscal instability is the main challenge for businesses this year, influencing investors' appetite for doing business in Romania,
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Central Bank: Banking Sector Has Limited Capacity to Sustain Current Profitability Long Term
The Romanian banking sector, which consists of 35 banks, in its present structure has a limited capacity to sustain the recent profitability over the long term, the central bank said in a report.
