06.25.2014

Swedish home appliances manufacturer Electrolux, which owns a cooker plant in Satu Mare, northern Romania, shed almost 1,000 jobs there during the crisis, due to steep consumer spending and implicitly more

06.05.2014

Kellogg’s, one of the world’s largest food groups, will move about 80 jobs from the United Kingdom to Romania to create a services center in the country, as other multinationals like P&G and more

05.28.2014

German industrial giant Siemens and Israeli IT service provider Ness Technologies will get almost EUR11 million state aid to create more than 400 jobs in research and development centers in Bucharest, more

03.26.2014

Germany’s car part producer Continental, which owns seven plants and three research centers in Romania, plans to hire 1,000 people this year, in its facilities in Timisoara, Sibiu, Iasi, Brasov, more

02.13.2014

Automotive safety systems manufacturer Autoliv Romania, the 12th largest exporter in the country, will hire 500 people this year with plans to reach almost 7,000 employees by the end of 2014. more

08.01.2013

Austria’s oil and gas company OMV is looking to recruit 1,600 technical staff by 2016 to work for its exploration and production units, including in Romania, the company said in a statement more

06.24.2013

The crucial question for Romania is how to make the economy grow, says Suma Chakrabarti, the president of the European Bank for Reconstruction and Development – the international financial more

04.23.2013

More than 3,400 employees working in bank branches in Romania left last year in the harshest restructuring phase since the onset of the crisis, while 320 branches closed. Six times fewer people (about more

04.03.2013

Automotive safety systems manufacturer Autoliv Romania, the local subsidiary of Sweden’s Autoliv, plans to invest more than EUR25 million to expand production capacity this year. more

03.22.2013

German company Stanzwerk will build a metal profiles plant in Ineu, western Romania, and will create over 100 new jobs. more

02.22.2013

Over 4,000 employees left the Romanian banking system in 2012, with 322 units shutting down and the overall network falling below 6,000 branches and agencies. more

02.21.2013

The four plants formerly controlled by Russia’s Mechel in Romania, which last year had a turnover of half a billion euros, have ended up in the hands of a small firm registered in Bucharest, Invest more

11.29.2012

Romania's unemployment rate fell to 6.9% from 7.1% in the previous month, seasonally adjusted data from the statistics institute INS showed Thursday. more

10.31.2012

Romania's unemployment rate was at 7.1% in September, unchanged from the previous month, seasonally adjusted data from the statistics institute INS showed Wednesday. more

10.08.2012

UniCredit Tiriac Bank, controlled by Italy’s UniCredit in partnership with businessman Ion Tiriac, started a significant adjustment in the first half. This is a reversal of the 2011 strategy when it more

10.01.2012

Romania's unemployment rate edged up to 7.1% in August, from 7% a month earlier, seasonally adjusted data from the statistics institute INS showed Monday. more

08.16.2012

Volksbank Romania, which ended last year with a loss of around EUR95 million according to international reporting standards, has decided to shed almost 170 jobs as part of restructuring measures in a more

07.09.2012

Romania’s Health Minister Vasile Cepoi on Monday said he hopes the ministry will be able to unfreeze nearly 2,500 jobs in the public healthcare system, countrywide, following a new review mission of more

06.14.2012

Romania’s Government on Wednesday approved a memorandum increasing the budgets of the Justice Ministry, the High Court of Justice and the High Council of Magistrates, as well as unfreezing several more

06.12.2012

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

05.23.2012

Romania’s Government on Wednesday decided to unfreeze 500 jobs in the public healthcare system, the Health Ministry said in a press release. more

05.02.2012

20 ministers, 200 ministers’ advisors, 300 secretaries of state and advisors, 1,500 heads of local public institutions make up an army of people looking for the advantages of high office. more

04.10.2012

President Traian Basescu said Tuesday that Romania has no further options to create jobs, unless it responsibly considers a new start to mining, made attractive by the evolution in the foreign prices more

04.06.2012

Almost half the 9,300 jobs created last year as a result of new investment, both domestic and foreign, were recorded in five Romanian counties: Timis, Satu Mare, Prahova, Tulcea and Caras Severin. more

03.07.2012

Romanian President Traian Basescu told lawmakers Wednesday to pay more attention to job creation and look to profitable mining projects, adding it is not his job to discuss commercial details. more