Results 26 - 50 from 63 for "state companies"
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Romania Pledges To Sell Most Companies Held By Economy Ministry
09.16.2013
The Romanian Government has pledged to sell most state companies under the Economy Ministry in its letter of intent to the International Monetary Fund. more
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Romania Caps Public Sector Wage Raises At 60% Of Productivity Bonus - Draft
08.15.2013
Salary increases for the employees of autonomous regies and state-run companies will be capped at maximum 60% of the productivity bonus, given that wage raises include all the bonuses that can be more
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State Companies Pay Their Employees Better Than Private Firms
08.14.2013
Highest-paid employees in Romanian state-run companies earn net wages of EUR640 to EUR1,500 per month. more
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Government Adopts Decree On Protection Measures For Laid-Off Employees
04.16.2013
Romania’s Government adopted Tuesday an emergency decree containing social protection measures for employees affected by the restructuring of state-owned companies, Economy Minister Varujan more
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Vosganian Says No State Company Emerged From Insolvency Successfully Due To Authorities’ Indecision
03.05.2013
Romanian Economy Minister Varujan Vosganian said Tuesday that, unfortunately, no state-run companies were rescued after entering insolvency mainly due to authorities’ indecision to set off more
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Romania Delays State-Owned Companies' Sale Calendar; Pledges To Continue Reforms
01.28.2013
Romania will launch an initial public offering of 15% in state-owned natural gas producer Romgaz by the end of October 2013, seven months later than initially planned, according to the country’s more
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Romania Limits Pay Of State-Owned Companies' Heads, Salary Hike Depends On Profit
12.27.2012
The Romanian Government decided in Thursday session the indemnity of state-owned companies heads will be limited in 2013, while the employees' salaries will increase by maximum 3%, according to the more
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Economy Ministry Will Resume Private Management Selection At State Companies
11.13.2012
Romania’s Economy Ministry said Tuesday it will resume the selection of private managers at state-owned companies included in its portfolio. more
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IMF: Government Should Decide Which Companies To Keep And Sell Or Close The Rest
10.25.2012
The Government must decide which companies it keeps and privatize or liquidate the remaining ones because the Romanian sector of state-run enterprises is still oversized even when considered against more
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Romanian Transport Ministry Shortlists 180 Candidates For 29 Manager Jobs In State Companies
09.11.2012
The Transport Ministry received 3,500 CVs, organized 300 interviews, and ultimately came up with 180 candidates on the shortlists of private managers for 29 jobs in five state-run companies under its more
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Transport Ministry Asks Headhunters To Drop Recruitment Of CEOs For State Companies
08.10.2012
The biggest campaign to recruit CEOs for state-owned companies subordinated to the Transport Ministry, which started a few days ago, risks to lose its credibility, after on Thursday representatives of more
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Government To Cover 40-50% Of Salary Costs For Companies That Create 200 High-Skill Jobs
07.31.2012
Romania's Government will cover 40%-50% of the salary expenses of companies that create at least 200 high-skilled jobs, for two years, under a state aid scheme approved Tuesday. more
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Leu Depreciation Erodes Profits Of Listed Companies
07.25.2012
Most analysts on the capital market believe the serious depreciation of the leu against the main currencies over the last few months will generally have a negative impact on the companies’ results more
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Romanian Public Institutions Spent Over RON150M On Legal Services In 2009-2012
07.08.2012
Romanian public institutions and state-owned companies spent over 150 million lei (EUR33 million) on legal services between 2009 and May 31, 2012, during the democrat liberal administration, a report more
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Romania To Extend By One Year Deadline To List Key State Companies
06.22.2012
Romania’s government extends by one year, until December 31, 2013, a deadline to list minority stakes in several state-owned companies on the Bucharest Stock Exchange and on international markets, more
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Government Drops Advisors Involved In Bringing Private CEOs To State-Run Companies
06.13.2012
The consortium made up of executive search company Pedersen&Partners, law firm NNDKP and strategic management advisory Roland Berger, which was appointed in September last year to help the Economy more
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Economy Ministry Requests Budget Revisions For Almost 50 State Companies
01.19.2012
Romania's Economy Ministry has asked the Government to revise the 2011 budgets of almost 50 state-owned companies, to include higher costs, and complained that the Finance Ministry has not approved more
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Senate Approves Bill Appointing Private Management At State-Owned Companies
11.16.2011
The Romanian Senate on Wednesday approved with 66 to 23 votes and seven abstentions a bill on appointing private managers at state-owned companies. more
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Economy Ministry Companies Reduced Arrears, Posted 50% Lower 9-Mo Losses
11.03.2011
The companies under the Romanian Economy Ministry's authority and monitored by the IMF have reduced their arrears, cut their personnel expenses by 4.5% and posted 50% lower losses in the first nine more
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World Bank: A Quarter Of Romania's State-Owned Cos Are Practically Bankrupt
10.26.2011
A quarter of Romania's 760 state-owned enterprises, such as RADET, CFR or Oltchim, are unprofitable, with nonviable assets and de facto bankrupt, meaning almost 100,000 employees would be left jobless more
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Franks, IMF: Romania Made Insufficient Progress In Dealing With Money-Losing Companies
10.26.2011
Romania has fallen behind in honoring its commitments to reorganize the state-owned companies and these have begun to behave like a lead ball, pulling down the economy, an official of the more
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EXCLUSIVE: Private Managers May Earn Millions Of Euros Leading Romanian State Companies
09.08.2011
The private sector managers that will be appointed to lead Romanian state-owned companies could earn as much as EUR75,000 gross per month, plus millions of euro per year in the case of highly more
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ZF Exclusive: Plans For Private Management As Seen From Inside The Economy Ministry
09.07.2011
The plan to bring managers from the private sector to the helm of the large state-controlled companies is a strategic target for Romania and will be carried out at any price. more
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Five Years After Floating Transelectrica, State Pledges To Keep To Listing Scheme
09.07.2011
The listing of Transelectrica (TEL.RO), in September 2006, was the first major stock offering the Romanian government carried out on the Bucharest stock exchange. In the five years since then, the more
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35 State Companies Generate EUR10B In Turnover, But No Profit
09.06.2011
The 35 largest state-owned companies last year generated overall turnover of nearly EUR10 billion, but made no profit, with their total losses amounting to almost EUR500 million. Ziarul Financiar more