Results 76 - 95 from 95 for "restructuring"
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Cojocaru, Volksbank: Lenders To Rethink Business Strategy As Of 2012
12.09.2011
Commercial lenders are bound to undergo deep reorganization starting with 2012, because previous hopes that the economic and financial downturn was only a temporary setback are now obsolete, an more
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Romania Will Have Restructuring Fund To Stabilize Ailing Banks
11.07.2011
Romania’s central bank has prepared the legislation enabling Romania to have a bank restructuring fund, whose resources will be possible to use to finance the measures taken to stabilize a troubled more
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CEC Bank: A Quarter Of Restructured Loans Gone Bad Again
10.13.2011
Romanian state-run lender CEC Bank Thursday said 25% of the distressed loans modified to give the companies more time to recover have gone bad again after three months. more
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Land Improvement Administration To Be Restructured, Laying Off 3,500 Employees
09.13.2011
Romania's National Land Improvement Administration (ANIF) will be changed from an autonomous administration into a public institution under the Agriculture Ministry, with the name the National Land more
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CNH Head: Romania Gives Up Energy Champions Plan
09.08.2011
The Romanian Government has given up the idea of creating two state-owned energy giants, Electra and Hidroenergetica, and it will create two smaller companies, Thursday said Constantin Jujan, head of more
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Interior Ministry To Lay Off 5,500 Employees In October
08.26.2011
Romanian Interior Minister Traian Igas said Friday that 5,500 ministry employees will be laid off in October, but the reorganization process will not end. more
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Banks' Adjustment To Crisis: 450 Units Closed And 5,000 People Left Since 2008
08.19.2011
The banking system continues to slowly adapt its territorial network to the weak loan demand, particularly on the retail segment, so that 32 units were shut down in the second quarter, with 6,105 more
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Posta Romana To Cut 2,000 Jobs, SNR To Cut 450 Jobs
07.05.2011
About 2,000 out of 34,000 jobs will be cut from Romania’s state-owned postal company Posta Romana and 450 jobs will be cut from the National Radiocommunications Company’s current 1,950 jobs, more
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Termoelectrica To Lay Off 300 Employees
06.23.2011
State-owned thermal power producer Termoelectrica will lay off 300 employees from two branches, under a restructuring plan approved by shareholders on June 16. more
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Interior Ministry Proposes Staff Cuts At State Reserve, National Archives
06.17.2011
Romania's Interior Ministry wants to reduce the number of jobs in the State Reserves Administration and in the National Archives by 180 and 451, respectively, to meet its personnel expenses targets more
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Posta Romana Restructuring Will Save RON50M A Year, Minister Says
06.17.2011
Romania’s state-owned postal company Posta Romana will start an ample restructuring process that will last over the next months and that will save an annual 50 million lei (EUR11.8 million) in more
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Posta Romana Restructuring To Affect 2,000 Employees
05.27.2011
Restructuring the Romanian postal service will affect around 2,000 employees, or 6% of the total staff, some of whom will be laid off, company president Daniel Neagoe told MEDIAFAX. more
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Posta Romana Plans Restructuring Before 2013
05.26.2011
The board of Romanian state-run postal company Posta Romana will discuss Thursday a restructuring plan which aims to get the company ready for the liberalization of postal services set for January 1, more
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ATEbank To Sell Majority Stake In Romanian Branch
05.25.2011
Greek state-owned group ATEbank wants to sell the majority stake in ATEbank Romania, as part of a restructuring plan compiled and unfolded in compliance with European Union regulations. more
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Finance Ministry Plans To Cut 2,100 Jobs In Customs Authority and Financial Guard
05.24.2011
Romania's Finance Ministry wants to cut 2,140 jobs in the National Customs Authority and the Financial Guard, according to two draft government decisions. more
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Banks Slow Down Restructuring Process
05.23.2011
Expecting the economy to recover, bankers have slowed down even more the restructuring of their territorial networks and number of employees, while the average salary reported by the central bank more
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CFR Calatori To Close 4 Branches, Lay Off 1000 Employees
05.06.2011
Romanian state-owned railway passenger carrier CFR Calatori Friday said it has begun restructuring its network, which will entail cutting the number of regional branches to four and laying off 1,021 more
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Boc Says Layoffs Aren't Core Of State Companies' Restructuring
04.29.2011
Romanian state-owned companies will be restructured according to cost-benefit analyses, not a specific number of employees to be laid off, said acting Labor Minister Emil Boc on Friday, after a more
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Union Leader: At Least 30,000 Job Cuts In Romanian State Companies
04.29.2011
Romanian National Union Bloc (BNS) president Dumitru Costin on Friday said that IMF officials have stated the main topic on the agenda of their talks with the local authorities is the restructuring of more
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Oltchim Plans New Restructuring Scheme
04.15.2011
Romanian state-owned chemical company Oltchim Ramnicu-Valcea (OLT.RO) plans a new restructuring scheme, since the current one is deemed too slow and ineffective, according to the agenda for the more