Archive » August 2009 » 13 August 2009 The english news from 13 August 2009
The state far behind private sector for anti-crisis measures
The state has three months to narrow the gap between the public sector and measures taken by the private environment, to soften the shock wave of the economic crisis. Since the beginning of this year, private sector employees have been subjected to a great deal of pressure, while civil servants continued to be safe from the drastic cost-cutting measures…
Oltchim forecasts €82 mln in profit in 2013, while PCC is predicting bankruptcy
The management of the Oltchim Ramnicu-Valcea (OLT) chemical complex hopes that the restructuring and investment program will bring the company back into the black as of 2010, after record losses of RON 234 million (€63.5 mln) registered in 2008. Finalizing the restructuring program in 2013 should generate a net profit worth €82 mln…
Romanian Labor Ministry To Cut 1,316 Jobs
Romanian labor minister Marian Sarbu said Wednesday that after the reorganization of the agencies and institutions subordinated to the ministry 1,316 jobs will be cut which would save RON30 million in wage spending a year (EUR1=RON4.2239)…
Real estate transactions dropped 35 pc
The number of dwelling and land transactions dropped 34.8 per cent in the first half year, vs. the same period of the past year, to 162,724 operations, Mediafax informs. Moreover, the value of the taxes on the revenues derived from the transfer of properties declined by 63 per cent, to RON 214.3 M, according to the data of the public notaries…