9 sep 2011

The 45 pages of regulations on the first tender launched by the Economy Ministry, for the project to install private management in state-owned companies, have confused recruiters. more

7 sep 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

6 sep 2011

The third quarter had a good start, as July brought good news from retail, which went back into positive territory after two years and a half of almost uninterrupted declines, on salary hikes and more

5 sep 2011

The Economy Ministry this Monday starts the selection of consultants who will manage a project involving companies with over EUR10 billion in turnover: private management for state-owned companies. more

5 sep 2011

U.S. technology group 3M, one of the 100 largest American corporations, opened its first production unit in Romania, a plant located in Bucharest’s Militari district, which manufactures Scotch-Brite more

2 sep 2011

Removing companies from political influence and making them efficient by putting experienced managers from the private sector in charge will be a shock for the economy as the Revolution of 1989 was, more

30 aug 2011

The 50 companies with the largest staffs gave up almost 46,500 employees from 2008 to 2010, a time when only one third of companies registered an increase in the number of employees. more

26 aug 2011

Civil servants currently working in institutions that help manage European funds will no longer be allowed to move to the private sector to work for EU-funded projects, according to an emergency more

26 aug 2011

Cezar Zaharia, the manager who quit his executive director position with pharmaceutical wholesaler Farmexpert this February, was recruited by businessman Ovidiu Buluc, shareholder of wholesaler more

17 aug 2011

The almost 600,000 new labor contracts announced as signed between May and June in the wake of changes brought about by the new Labor Code have caused curiosity and skepticism among employers, as no more

16 aug 2011

Adrian Baicusi, 46, a manager with an experience of over 15 years in companies such as OMV or Siemens Romania (where the salary package reached EUR20,000/month), who in 2009 agreed to run state-owned more

15 aug 2011

UK pharmaceutical giant GlaxoSmithKline (GSK) promoted two Romanians, Mihaela Ianosev, a medical director, and Roxana Precu, a retail business unit director, to London, where they are set to fill more

11 aug 2011

The much-talked about pension reform is adding EUR1 billion to the pension fund gap. While last year, during discussions about the new pension law, officials maintained reform would mean adding more

11 aug 2011

Consumer goods distributors, who annually mediate sales of cigarettes, spirits and foodstuffs worth over EUR2 billion, have tried to bolster turnover by attracting new brands to their portfolio, which more

10 aug 2011

Carmen Ionel, who in early May took over the position of general manager of the Management Authority for the Operational Program for Human Resource Development (AMPOSDRU), believes that Romania is more

9 aug 2011

Insurer and private pension fund managers say that, while they have not felt any major changes in recent sales following the foreign financial market turmoil, the lessons learnt from the crisis which more

5 aug 2011

At least 150 multinationals present on the Romanian market made average salary increases of 6% for all employees this year, according to preliminary results of a wage survey conducted by Mercer, one more

4 aug 2011

There are private-sector managers that would be willing to start even tomorrow as chief executives of large state-controlled companies, if they were paid the same salary as in a multinational and more

3 aug 2011

Monica Hodor, former general manager of do-it-yourself retailer Praktiker Romania, was appointed chief financial officer (CFO) of energy distributor Enel. more

2 aug 2011

The salaries of the 1.2 million people working in industry, a sector mainly made up of private companies, rose by 6% in the May 2010-May 2011 period, a sign that the steps to slash costs more

1 aug 2011

ePayment, taken over last year by international group PayU from businessman Radu Georgescu, is looking to hire 40 senior web developers, who are required to have over five years’ experience. more

29 iul 2011

Roxana Ionescu, human resources manager of food retailer Kaufland over the last four years, was appointed HR manager of the local unit of Austrian do-it-yourself retailer bauMax at the beginning of more

28 iul 2011

Those who won EU-financed projects in the last few months will no longer be able to receive 30% pre-financing to start the activities of the project, as was the case for beneficiaries of EU funds so more

28 iul 2011

IBM Romania, the local subsidiary of world’s largest IT service provider, has opened an office in the Maestro Business Center building in Cluj and rented one more floor and a half in Global Business more

26 iul 2011

Dan Burian, 45, the executive who last year took the helm of Agroalim Distribution, has brought back to growth the business of the fast moving consumer goods (FMCG) wholesaler, after sales had fallen more