Hun Lee Takes Over As President Of Samsung Electronics Romania
05.17.2017
Hun Lee is the new president of Samsung Electronics Romania and will be tasked with managing operations on the Romanian and Bulgarian markets.
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Romanian Executive To Oversee Operations Of Fashion Retailer C&A On Nine Markets 05.26.2017
Romanian executive Cristian Codrea will be supervising the development of the operations of fashion retailer C&A on nine markets in Central and... more
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Petru Ion Vaduva Steps Down As General Manager Of Transgaz 05.17.2017
Petru Ion Vaduva has resigned from the position of general manager of natural gas transmission company Transgaz (TGN.RO), but remains non-executive... more
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Ten Largest HR Services Industry Companies Posted Almost RON1.4B Revenue In 2016 05.16.2017
The ten largest human resources services providers ended last year with almost 1.4 billion lei (EUR308 million) revenue together, up 15% on 2015,... more
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Eurostat: Romania Registered Fewest Temporary Employees In EU In 2016 05.02.2017
Romania registered the fewest employees aged 15 to 64 employed under a temporary contract in the European Union (1.4%), while Spain (26.1%) and... more
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Liviu Nistoran Elected Chairman Of Hidroelectrica Supervisory Board 04.27.2017
Liviu Nistoran was elected Chairman of the Supervisory Board of Romanian state-run hydropower producer Hidroelectrica, the most valuable company in... more
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Modern Retail Chains To Hire 5,000 People In 2017 04.27.2017
Supermarket and hypermarket chains in Romania have 5,000 positions available this year when they plan to open 300 stores, the fastest expansion... more
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The Only Hope For 2017 Strained Budget: Rise In Number Of Employees 04.25.2017
The increase in social security tax revenue by 18% March on March fueled by wage raises and a rise in the number of employees shows what the... more
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Bucharest And Harghita, Highest And Lowest Wages In Romania 04.20.2017
Bucharest, Ilfov, Cluj, Timis and Sibiu are the areas where employees earned the highest net wages per month - 2,138 lei to 2,857 lei (EUR472 to... more
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Stefanini: We’ll Reach 1,800 Employees In Romania This Year 04.19.2017
Brazilian-held IT services provider Stefanini IT Solutions plans to increase the number of employees in Romania by 200 to 300 people this year, for... more
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Number Of Employees In Romania Close To Pre-Crisis Level 04.19.2017
The number of employees in Romania’s economy reached 4.78 million in January, up more than 160,000 compared with the year-ago period and a record... more
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Fitbit To Expand Romanian R&D Center To 200 Employees 04.10.2017
US-held Fitbit, the leader of the global wearables market, has decided to boost the number of employees at its research and development center in... more
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Wave Of Management Changes Since Start Of The Year 04.10.2017
More than ten companies in such industries as transportation, fast-moving consumer goods, DIY retail and construction supplies have changed... more
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Ford Returns To Almost 3,700 Employees In Its Craiova Plant 04.07.2017
Ford Romania, the owner of the Craiova automobile plant, has officially announced it will hire 976 people to fill its staffing needs in order to... more
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Andrei Caramitru, Boston Consulting Group: Average Salary In Bucharest Should Be EUR1,500 04.03.2017
Productivity of employees in Bucharest is high enough to significantly increase the average net salary in the city from about EUR600 per month at... more
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Major Employer In Iasi And Bacau: Young People Leave The Country Right After High School, They See No Future In Romania 03.21.2017
UK’s SCC group, which provides IT outsourcing services in Iasi and Bacau, says it has trouble finding candidates because more and more young... more
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IT Services Centers, Romania’s New Growth Driver 03.09.2017
Eight cities in Romania (Bucharest, Timisoara, Iasi, Cluj, Sibiu, Brasov, Galati and Craiova) have almost 110,000 employees working in more than... more
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Praktiker Romania Has New GM Starting March 03.01.2017
Polish Miroslaw Huczek has been appointed general manager of Praktiker Romania, effective starting March 2017. more
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Almost One In Ten Employees In Romania Earns More Than RON5,000 In Gross Amount Per Month 02.27.2017
More than 360,000 Romanian employees or 9% of the total earn more than 5,000 lei (EUR1,100) in gross amount per month (RON3,500 in net amount), and... more
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PwC: Salary Hikes In Private Companies Seen Higher In 2017 Than Initially Estimated 02.21.2017
The average salary increases budgeted in the private companies for 2017 are higher than initially estimated, according to the data of the PwC HR... more
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Smartree: IT, Retail Sectors Provided Most Jobs In 2016 02.16.2017
Sectors like IT, BPO, production and retail sectors registered a significant number of hirings in 2016, while in the fields of agriculture, history... more
The year 2016 saw top management changes at Dacia and Ford Romania along with new investment. This spring Daimler inaugurated its new
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The transport and logistics market fully benefited from the economic growth so companies in the industry announced new investments.
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The capping of the auto liability insurance (RCA) rates shattered insurers’ optimism about the market and turned 2016 into a
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The energy sector has been a thrill to watch in 2016, peppered with complex investigations, insolvencies and exit therefrom, major
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The insolvency of Polisano Sibiu, one of the largest pharmaceutical wholesalers, the expansion of Catena beyond 600 pharmacies and the
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The year 2016 was a year of legislative changes for the agribusiness sector, starting from the VAT cut on raw material to 9% and
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This year brought more changes than the last few years taken together. A half a billion euro deal, a change of CEO and the
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Ziarul Financiar continues its year-in-review series with the private healthcare market.
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Ziarul Financiar’s year-in-review series continues in the tourism industry, which saw two travel agencies go insolvent, the low-cost
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Ziarul Financiar begins the 2016 year-in-review series of the ten most important events on key markets in Romania’s economy with the
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Banks Get EUR600M on Lower Reserve Ratios But Loan Interests Could Rise
Banks have around EUR600 million following the central bank's cutting of required ratios on foreign currency liabilities by two percentage points, but interests on loans could rise following international trends, despite higher market liquidity.
