Archive » January 2009 » 15 January 2009 The english news from 15 January 2009
Romania's Tiriac Holding welcomes former JP Morgan key player as new general manager
Shareholders of Tiriac Holding, a group controlled by Romanian businessman Ion Tiriac, named Petru Vaduva, a former key player at JP Morgan and Bear Stearns, as its general manager starting with January 2009, the company announced. Vaduva will replace Anca Ioan at the head of the company…
Several retailers, banks and a casino are still hiring despite the crisis
Retailers Kaufland and Carrefour, Banca Romaneasca, Whiteland distributor and Riviera Casino are hiring hundreds of people despite the economic crisis, saying this is the best time to do it because many people are on the market, following layoffs The discount hypermarket operator Kaufland Romania, part of the Schwarz German group, plans to hire 100 people to open a new store in Bucharest at the end of January…
BT to sell off its non-banking core business
This year, Banca Transilvania (BT), the largest bank with private Romanian capital, intends to sell off stock it owns in companies that are not part of its core banking business, such as Compania de Factoring, Medicredit Leasing, and one other company which BT's President, Horia Ciorcila, did not wish to name…
Around 450 Employees In Romanian ArcelorMittal Galati On Voluntary Layoffs As Of Jan 16
Approximately 450 employees of Romania's largest steel maker ArcelorMittal Galati, owned by UK-based ArcelorMittal, will leave the company as of January 16, through the voluntary layoffs program, trade unionists said Wednesday. ArcelorMittal Galati unionists said that around 1,700 of the total 13,600 employees of the company actually filed voluntary layoff requests…
UniCredit Leasing: We expect zero growth in 2009
The leasing market, the financial market segment that boasted the fastest increase, will stay at the level of 2008 this year, states Andreas Obrist, the new general manager of UniCredit Leasing Corporation, the biggest leasing company.…
Number of unemployed Romanians in the private sector rises by 9.7% in December, data show
The number of jobless people in the private sector climbed 9.7 percent in the last month last year to 285,144, representing about three quarters of the total number of unemployed in Romania, data from the labor force agency ANOFM show.…
ANEIR: Romania's exports dropped by 17% in December
Romania's exports dropped by approximately 17% in December 2008, as compared to the equivalent period of 2007 and, in the first decade of January, exports to countries outside the EU suffered a more accentuated compression, by 46%, according to estimates of the Exporters Association.…
Barring people from having both a pension and a state salary, unconstitutional
The Constitutional Court of Romania (CCR) has ruled Thursday that the Government's Emergency Ordinance No. 230/2008, barring people from having both a pension and a state salary, is unconstitutional. Judges have thus sustained the exception of unconstitutionality of the Ordinance, raised by the Ombudsmen.…