Archive » November 2008 » 14 November 2008 The english news from 14 November 2008
Insurers have to increase prices for auto policies, due to high costs, deems Groupama
Losses registered by the Romanian insurance market in the auto segment make it impossible for players to avoid increasing prices in 2009, declared today the Groupama official in Romania, Denis Rousset…
Romania replaces Poland on private equity funds' map
Private equity funds invested almost 200 million euros in the first six months of the year, 25% less against the same time last year. Their main areas of interest were constructions and other related sectors, according to the statistics of South Eastern Europe's Private Equity Association (SEEPEA)…
The crisis to sweep through Romania's economy
Uncertainty reigns in the local business environment due to the international financial crisis. While some of the major players say they are still waiting for positive signs from the market before finalizing their budgets for 2009, others, operating in very significant fields, are preparing for recession, making plans for 2009 and to maintain forecasted results…
Romania's Highest '07 Annual Salary At RON 4.14M
The largest annual salary paid in Romania in 2007 stood at 4.14 million lei (EUR1=RON3.8121) and was received by an employee in a energy trading company, according to data provided by the Fiscal Authority ANAF…