26 sep 2012

A group of IT investors, which includes Radu Georgescu, founder of IT group Gecad, has launched a platform (http://techangels.ro) that intends to attract investors willing to finance high tech more

11 sep 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

7 sep 2012

Petrom, Dacia and Kaufland are the largest private employers in Romania, with more than 46,000 people working for them. State-owned postal company Posta Romana remains the largest employer, with more

30 aug 2012

The biggest salary of a public sector employee is 11,248 lei (around EUR2,500) and is earned by a general manager within the Ministry of External Affairs. The employee earned 1.7 times more in March more

27 aug 2012

The best paid manager recruited by headhunters in the past year works in the chemical industry and earns a net monthly salary of EUR14,000 plus an annual bonus of EUR50,000, according to data more

23 aug 2012

The Government needs to stop the faulty management at state-owned companies, by any means necessary– insolvency, privatization or private management. It is outrageous for companies with turnovers more

22 aug 2012

Almost EUR20 billion could go towards consumer spending and the state budget if the 2.5 million Romanians aged over 18 working abroad were employed in Romania, according to ZF calculations taking into more

21 aug 2012

BCR, BRD and Banca Transilvania, the three largest banks on the Romanian market, spent more than 1.8 billion lei (EUR0.4 billion) on employee salaries last year. This means 56% to 59% of the total more

10 aug 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

7 aug 2012

The private equity company created by Mitt Romney, the Republican candidate to the U.S. presidential elections in November, has bought a 30% stake in outsourcer Genpact, which has over 1,500 employees more

3 aug 2012

The Government will start talks this autumn over a state aid scheme for small and medium-sized enterprises in the IT sector, after this week it approved EUR100 million in aid for the large companies more

23 iul 2012

Each company that creates at least 300 new jobs and keeps them for at least five years may receive state aid worth over EUR28 million, according to a draft government decision published on the Finance more

19 iul 2012

Four out of ten companies in the top 100 companies of the world ranking compiled by the Fortune Magazine have operations in Romania, but very few of the world’s giants have a manufacturing business more

9 iul 2012

Each employee of OMV Petrom Gas, Alpiq RomEnergie and British Tobacco brought their companies net profit ranging between EUR250,000 and EUR722,000 in 2011, these being the most profitable employees in more

4 iul 2012

OMV Petrom (SNP.RO), Dacia and Rompetrol remained the largest companies in Romania in 2011, having posted more than 53.6 billion lei (EUR12.6 billion) in revenue, according to the data provided by the more

3 iul 2012

The top-20 largest employers in Romania have counted a total of 23,000 layoffs and only 6,000 new hires in 2011, according to the data extracted from the Trade Registry and Finance Ministry. more

26 iun 2012

The human resource services market is estimated at EUR150 million in 2011, when it rose by 21%, as companies resumed growth after 2008 and 2009 when three of the top players posted decline of up to more

21 iun 2012

The expansion of the distribution area and the increase in sales of Kent cigarettes have boosted the revenue of Interbrands, the largest local fast moving consumer goods distributor in Romania, by 18% more

19 iun 2012

Financing a national IT entrepreneurship program, an aggressive marketing campaign for the Romanian IT industry abroad and certification for current employees. These are the main steps that would turn more

13 iun 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

12 iun 2012

Romania doesn’t put out enough programmers to attract new investors in the IT industry, so one should support businesses that create software products and that can also generate jobs in other more

30 mai 2012

Almost one in two Romanian employers (45%) says they have problems recruiting for their jobs because of the “lack of technical skills,” a percentage significantly higher than the global average, more

29 mai 2012

The lack of order in the administration and the lack of competence of decision makers, fiscal shocks and uncertainty over business-oriented legislation are stifling business more than the instability more

28 mai 2012

One year after the entry into force of Romania’s new Labor Code, the economy has recovered only 100,000 jobs of more than 650,000 it had lost during the crisis. However, one in three Romanians is more

24 mai 2012

The Labor Ministry has enough statistics to solve deficiencies on the labor market, but it needs to find simple methods to increase budget revenues and to direct the money to areas where there is more