Archive » November 2008 » 07 November 2008 The english news from 07 November 2008
Vienna Insurance Group raises business in Romania 34% y/y to EUR 263m on Omniasig venture
Vienna Insurance Group (VIG), Austria's biggest insurance company, announced the value of contracts rose an annual 34 percent in the first nine months this year helped by Omniasig branch, to 263 million euros…
Top multinationals send 100 Romanian execs to foreign branches
More than 100 Romanians hold management positions abroad with the foreign subsidiaries of the top 50 multinationals on the Romanian market in terms of turnover. After a period during which the domestic market saw foreign managers coming in rather than Romanian managers going abroad, Romanians are now starting to become increasingly in demand for expat missions…
Foreign investors sold €22 mln worth of shares on BVB
October brought a record number of sales by foreign investment funds on the Bucharest Stock Exchange (BVB). These investment funds withdrew a total €23 million from the capital market, the highest level since January…
Romania's poorest areas will be the most affected by the financial crisis
Iasi will probable record again an unemployment rate of over 10%. Dark times for unemployment at Iasi. With or without being related to the world crisis, the capital city of Moldavia is facing with a dramatically situation in what concerns the layoffs…