This was one of the conclusions drawn by Lucian Anghel, Chief Economist of BCR lender, during the presentation of the institution’s latest report. However, analysts say that this criterion must be accompanied by others, such as the evolution of gross domestic product (GDP) and investments. “There is no clear definition of recession or of emerging ...
Iberdrola plans to develop businesses in the field of electricity trade and production, but also engineering and technical advisory activities. In Romania, the company targets investments in the wind and nuclear energy production sectors by 2012.
The analysis considered more than 200 companies included in the main indexes on 13 stock markets in Central and Eastern Europe. In the case of the Bucharest Stock Exchange (BVB), the shares which were included in the study were the five financial investment companies (SIF) and the ten enterprises in the BET index. Romania has ...
At the national level, the “star” field in terms of suspensions, dissolutions, and deregistrations in the first ten months of this year is the wholesale and retail trade, where more than 65,000 enterprises are in the liquidation stage. The most affected sectors, if we consider the large amounts traded in previous years, are construction and ...
Data provided by the National Institute of Statistics (INS) indicates that the construction sector employed only 350,000 workers in September 2009 compared to 425,000 in the corresponding month of 2008. “The relaunch of the construction sector will not happen before September 2010. Until then, layoffs will continue, though at a lower rate,” said Dan Ioan ...
Among the sectors in which overtime is regularly paid are telecom, auto, services, and IT, while most employers in the construction and retail sectors and the food industry do not award overtime. “It all depends on the effect that the departure of an employee has. For example, in the case of a call-centre, if an ...
The reasons for which increasingly more companies resort to direct recruitment are a cut in outsourcing budgets and excess personnel on the labour market, according to recruitment specialists. Ioana Moholea, Executive Director of the Perspective Group human resource consultancy company, said that companies which use direct recruitment have a well developed human resource (HR) department, ...
Graduates of economic universities expect to receive a monthly €800 as a starting salary, while recent graduates of the Polytechnical University in Romania demand a monthly salary of €1,000, according to a survey by the German Trendence Institute research company. However, the few companies that are still recruiting at present are not willing to pay ...
However, the number of Romanian companies present among the top CEE businesses has risen compared to the year before, when there were only 30 companies among the top 500. Another difference from 2007 is the fact that none of the Romanian companies in the Top 500 had domestic capital, while two full Romanian firms are ...
Thus, according to the data, which is based on the exchange rate on the last day of 2008, of RON 3,9852/€1, nine companies posted net sales in excess of €1 billion, 18 enterprises registered business worth between €0.5-1 bln, and 215 firms reported net sales between €100-500 million. Only 267 companies registered net sales between ...