Archive » August 2008 » 26 August 2008 The english news from 26 August 2008
Romanian Central Bank publishes new lending rules
Half of the authorized banks in Romania can provide loans under the current regulations by the first week of October, when new rules issued by Romania's National Bank (BNR) go into effect…
Wages for factory managers registered the highest growth in 2008
Factory managers registered the highest salary growth this year in Romania, followed by quality managers within multinational companies and logistics managers…
Construction materials distributor Andami targets 40% higher turnover this year on sales
Construction materials distributor Andami said it aims a 40 percent increase in turnover this year over the previous one, betting on rising sales, since the real estate market keeps developing and construction accelerates…
Romanian Authorities To Preserve Bucharest-Danube Canal Works
Romanian authorities and engineering experts agreed Friday on the need to preserve works executed before 1989 on the Bucharest-Danube canal, which the Transport Ministry plans to complete…
Romanian business owners choose Austrian managers
Good knowledge of the Romanian business environment and the relatively minor distance between Bucharest and Vienna are reasons for which local business owners choose Austrian managers…
10 percent of online stores to go bankrupt in 2009
More than 10 percent of Romanian online stores are to exit the market next year, as entrepreneurs lack strategies. Main players on this segment say online stores require more time to become profitable, compared to classic stores…
Libra Bank profit drops eight-fold due to network expansion costs
Network expansion costs have reduced Libra Bank's profit eight-fold, to €13,328 in the first half of 2008…
Romanian IT companies reticent to hire new people because of high wage claims
Romanian IT companies prefer to assign additional tasks to existent employees than to hire new people who ask for high salaries, representatives of head hunting agencies and software companies told NewsIn…