market

Romanian Post announces massive job cuts, especially at central level

Romanian Post is undergoing the most extensive modernization process in recent decades, announcing a massive restructuring of both the central administrative apparatus, with a 75% reduction in jobs, and the number of employees at the national level, by 18%.

Bursă: Starurile din trading, lovite în plin

Contractele futures pe Dow Jones au scăzut brusc luni dimineaţă, în timp ce contractele futures pe S&P 500 şi mai ales pe Nasdaq s-au prăbuşit. Pe fondul îngrijorărilor că următoarea generaţie de cipuri Blackwell AI de la Nvidia va fi amânată din cauza unui defect de proiectare, acţiunile gigantului japonez au continuat să scadă, fiind […]

Studiu Unlock Market Research: În Bucureşti s-au vândut în decembrie cele mai multe apartamente din ultimii 15 ani

Tendinţa de achiziţie a unei proprietăţi a accelerat în ultimele luni din 2023, în contextul propunerilor de modificare a legislaţiei fiscale, în special creşterea cotei minime de TVA pentru locuinţe de la 5% la 9% pentru proprietăţile de până la aproximativ 120.000 de euro.

INTERVIEW | Cristina Isabela Bene, BENCOMP majority shareholder: „We want to become the most looked for and appreciated WPC profiles manufacturer, not only in Romania, but also in Europe”

BENCOMP, the largest WPC manufacturer in Southeast Europe and the Balkans, is part of a group of companies with tradition in recycling and recovering waste from plastics, glass, electronics and packaging, its majority shareholder Bene Internaţional SRL operating in this field for over 20 years.

Polonezii de la Sinsay deschid doua magazine la Iaşi

Retailerul polonez de modă Sinsay, parte a grupului LPP, va deschide două magazine în centrele comerciale Family Market, pe care dezvoltatorul imobiliar Iulius le dezvoltă în judeţul Iaşi, aflate acum în construcţie. Cele două magazine vor avea aproximativ 1.000 de metri pătraţi fiecare şi vor fi inaugurate în al doilea trimestru din 2022. „Cele două […]

Studenţii la Drept dau jumătate de salariu pe cărţi. Costurile depăşesc 1000 de lei anual

Studenţii la Drept sunt printre cei mai ghinionişti când vine vorba de cărţi. Ei trebuie să dea sute de lei pe cărţi. Pentru că sunt foarte scumpe lucrările noi, tinerii au dezvoltat un adevărat market pe Facebook unde vând şi schimbă cărţile la mâna a doua. Însă acolo sunt cărţile neesenţiale. De cărţile de Civil […]

Emag vrea să facă 1.000 de angajări în perioada următoare. Ce salarii oferă compania

Emag are în plan să angajeze 1.000 de oameni în perioada următoare în depozite, curierat tradiţional şi curierat rapid. De aproximativ o lună, 2.500 de angajaţi ai Emag lucrează de acasă, iar productivitatea lor a crescut. Dintre cei 2.500 de angajaţi, nu se vor întoarce toţi la birou după această criză, ne spune Iulian Stanciu. […]

Pandemic Hits Romanian Dacia’s 1Q Sales in Europe

Dacia registrations have been severely affected by the coronavirus pandemic and the Romanian carmaker's sales were among the hardest hit in Europe.

Tranzacţie românească între nemţi. Cât a dat un gigant Lidl pe două magazine cumpărate de la concurenţă

Lidl a plătit opt milioane de euro pe două magazine cumpărate de la concurenţii direcţi: Penny Market. Este vorba despre două magazine XXL Mega Discount amplasate în Sibiu şi Galaţi, potrivit surselor din piaţă.

Romania 6-Month Economic Outlook Darkens In August – Survey

Romanian economic outlook for the next six months declined for the third straight month in August, on mounting pessimism in financial markets and renewed concern about Europe’s sovereign debt crisis, a ZEW/Erste survey showed Friday.

Romanian Organic Food Market Seen Up 20% This Year From EUR45-50M In 2010

Romania's organic farming product market could grow this year by 20%, from EUR45-50 million in 2010, thanks to higher demand, said Marian Cioceanu, head of the "Bio Romania" association of organic farmers.

Romanian Insurance Mkt Seen Declining At Least 5% This Year

The Romanian insurance market will decline at least 5% this year, in an optimistic scenario, as the number of civil liability car insurance policies and their prices will drop 20%, said Tuesday Cristian Constantinescu, head of the Romanian union of insurance and reinsurance companies.

Romanians Drink Less Spirits Because Of The Recession

Consumption of spirits in Romania has decreased this year to 5 liters per capita from 6 liters per capita last year because of the recession, Romulus Dascalu, head of the Garant employers’ association in the industry, told MEDIAFAX.

Romanian Construction Market Seen Recovering Next Year

Romania’s construction market is expected to make a recover next year, as the economy stabilizes, Regional Development and Tourism Minister Elena Udrea said Thursday.

Romania’s Life Insurance Market To Make Comeback Six Months After Economic Recovery

Romania’s life insurance market will take about five or six months to recover after the country’s economy recovers, Cornelia Coman, vice-president of the National Union of Insurers in Romania, said in a press release Sunday.

Romanian Jobs Market Starts Moving Again, Cos Have Grown Wary – HR Specialists

The Romanian jobs market has begun to move again, but companies are more careful when choosing employees, which renders the selection process lengthier, and employees are more flexible but reticent when it comes to relocation or professional reconversion, according to human resources specialists.

British Auto Dealers Unaware Of Dacia’s UK Mkt Penetration Plans

The members of UK’s Society of Motor Manufacturers and Traders Limited (SMMT) are not interested, at the moment, in a partnership with Romanian carmaker Dacia, despite announcements from the Renault group that Dacia could enter the British market in 2012.

Romania Private Healthcare Market Seen Up 13% This Year, To EUR420M – Report

Romania’s private healthcare services market will increase 13% this year, to EUR420 million, and is set to top EUR600 million in 2012 due to an increasing number of consumers choosing such services, unhappy with public healthcare units, according a report by Polish market research company PMR.

Luxury Fashion Retailers Armani, Zilli To Enter Romanian Mkt In 2010

Luxury fashion brands Emporio Armani and Zilli will enter the Romanian market this year, through franchise agreements, while Hermes and Burberry stores might be opened in 2011, according to Oliver Petcu, general manager of consultancy firm CPP Management Consultants.

Chinese Chery Automobile’s Romanian Mkt Entry Postponed For Sept

The Romanian market entry of Chinese carmaker Chery Automobile, planned for the beginning of this year, has been postponed for September pending its Euro 5 models and certification that the Chinese cars are compatible with European standards.

Romanian Leu Loses Steam Vs Euro, Ends Weaker On Day

The Romanian leu lost its advance against the euro in late trade Monday amid higher buy orders for euros and the negative sentiment in the region, closing weaker on the day at RON4.2330/RON4.2360 to the European currency.

Romania’s Leasing Mkt Seen In 2010 At This Year’s Level, In Best Case Scenario

Romania’s leasing market will reach in 2010, in the best case scenario, this year’s level estimated at maximum EUR1.5 billion, but it is also likely to go below this threshold, depending on the economic evolution, according to representatives of local leasing companies.

Romanian Clunkers Program Expansion To Cos Could Boost Mkt By 15-20%

The widening of the Romanian car park renewal program to include companies could lead to a 15%-20% growth in the new car market in 2010, while sales this year will not go beyond 130,000 units, ACAROM president Constantin Stroe told MEDIAFAX.

Romanian Construction Mkt Won’t Revive Sooner Than Mid-2010

The Romanian constructions market, which currently faces a severe decline, will not revive sooner than in May-June 2010, according to Claudiu Georgescu, head of the Association of Construction Material Producers in Romania, or APMCR.

Romanian Luxury Car Market Plummets In 1H Of ’09

Luxury car sales in Romania decreased in the first half of the year to one third of the sales registered in the same interval of 2008, to less than 60 units, spelling a sharper decline compared to the general car market, which halved in the interval analyzed.

Romania Online Advertising Mkt Up 70% On Yr In ’08, To RON72.5M – Study

Romania’s online advertising market increased 70% in 20008, to 72.41 million lei (EUR1=RON4.1928) from RON42.6 million in 2007, according to the latest edition of Romanian Online Advertising Study (ROADS) drafted by IAB Romania and PwC Romania.

Romanian Energy Mkt Favors Hydro, Nuclear Power – PM

Romania’s energy market lacks real competition, as the energy produced by the hydropower units and the nuclear power plant in Cernavoda is preferred to that of thermal electricity producers, Prime Minister Emil Boc said Thursday.

Hard Access To Loans Will Kill Romanian Auto Market – Dacia GM

The Romanian auto market risks to be smothered unless access to loans is eased and the government’s car park renewal program might fail to replace the 60,000 old cars planned, said Thursday Francois Fourmont, general manager of Romanian carmaker Automobile Dacia.

Romanian Cards Mkt Up 30% Y-Y, To 11.5M Units In ’08 – BCR

Romanian cards market reported the biggest real growth in 2008, of almost 30%, reaching 11.5 million cards, and will register at least the same increase in 2009, according to Igor Zganjer, executive director of BCR's cards department.

Romanian Farmers To Resume Mkt Activities Without Trade Registry Papers

Romanian sheep and goat farmers can continue to sell their products in markets without the need for registration in the Trade Registry as authorized individuals, since agriculture minister Ilie Sarbu decided to amend the Order on the selling of animal origin products.

Heroin Prices In Romania Doubled

Drug consumers will have to pay twice as much for a dose of heroin, with the price now at 70-80 lei (EUR1=RON4.3096) on the Bucharest drug market. They will also put their life in jeopardy, because although there is less heroin in a shot, the concentration of chemicals is higher.

Competition To Sharpen On Romanian Telecom Mkt In ’09 – Report

The competition between economic operators in Romania will intensify in 2009, with companies focusing on keeping their customers, according to the report "TMT Predictions (telecom, media, technology) for 2009," published by audit company Deloitte.

Romanian Car Tax Talks Put Auto Mkt In Gridlock

The extended talks on the Romanian pollution tax for cars, used car imports and other factors, such as the worldwide auto crisis, have put the market in gridlock and the buyers on stand-by, car producer and importer association APIA president Ernest Popovici told MEDIAFAX.

Romanian Loteria II Case Involves Stock Mkt Manipulation Operations

Romanian anticorruption prosecutors charged businessman Gheorghe Copos and the other 12 people involved in the Loteria II case with stock market and Rasdaq market manipulation operations.

Irish Govt Maintains Labor Restriction For Romanians, Bulgarians

The Irish government decided Wednesday to maintain the labor permit policy for Romanians and Bulgarians after January 1 as well, but the citizens of these two countries will be favored compared to citizens outside the EU, according to a press release issued by the concerned ministry in Dublin.

Romania New Car Sales Dn 26.8% On Yr In October

New car sales in Romania declined 26.8% in October compared to October 2007, to 24,438 vehicles, while in the first ten months of the year, the decline was of 2.3% on the year, to 292,239 vehicles, the Romanian Automotive Manufacturers and Importers Association, or APIA, said Thursday.

Romanian Money Mkt Rates At 17.81%, In Line With Ctrl Bk Norms

Romanian banks have published on Thursday money market rates of 17.8% on the year for all maturities, in line with the central bank’s maximum accepted level for ROBOR rates set on October 23, dealers said.

Romanian Ctrl Bker: Mkt Worries Cause Lending Slowdown, Not Ctrl Bk Rules

The lending slowdown in the last period was caused by the uncertainties on the local and international financial market, not by the central bank’s new regulations regarding household lending, Romania’s central bank governor Mugur Isarescu told a press conference Monday.

Romanian Leasing Mkt Up 35.57% On Yr In 1H, To EUR2.94B

Romania’s leasing market increased 35.57% on the year by the value of assets financed in the first half of 2008, to EUR2.942 billion, the country’s two major leasing associations said in a press release Thursday.