Archive » November 2008 » 17 November 2008 The english news from 17 November 2008

  • OTP Bank Romania makes first-time profit in Romania in Q3 gaining 14m lei

    OTP Bank Romania, the unit of Hungary's largest bank OTP Bank Nyrt., announced it ended the third quarter this year with a net profit of 14 million lei, despite nine-month losses of 4 million lei, making a first-time profit in Romania. Losses after paying taxes in the first nine months this year reduced 87.6 percent over the similar period last year…

  • HR companies: Employees are now willing to work for much lower salaries

    Recruitment and executive search companies are getting more and more CVs from employees in real estate, banks, manufacturing, PR and advertising, who have been affected by streamlining and reorganisation and are willing to work for lower salaries…

  • The number of jobless Romanians to triple in 2009

    The number of unemployed Romanians is expected to triple in 2009, due to the return of Romanians now working abroad, who face losing their jobs due to the recession announced in other countries of the European Union, and the contraction of the local job market…

  • Holland Might Put On Hold Labor Mkt Opening To Romania, Bulgaria

    Dutch minister of social affairs, Piet Hein Donner, decided that Holland put on hold the opening of its labor market for Romanian and Bulgarian workers until July 1, 2009, the Brabants Dagblad daily reported on its website Sunday.…

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