Articles - companies

Larger companies threatened by insolvency in Romania

A study by CITR shows that over 50 percent of companies of impact in the Romanian economy (having assets exceeding EUR 1 million) are in difficulty. Although the number of insolvency cases has declined in the past three years, over 50 percent of companies falling into insolvency reported a double loss and an increase in indebtedness in 2015 over 2014.

Stefanini opened a support center in Targu Mures on 300 sqm in Multinvest Business Center I

Stefanini Romania, local subsidiary of the Brazilian company Stefanini – one of the leading global players in the outsourcing of IT services, has opened a new support center in Targu Mures, which is the third in Romania, after those in Bucharest and Sibiu.

Young Romanians under 25 may be exempt from tax on salaries

Young people under 25 may be exempt from paying the tax on salaries for three years, similar to the current model applied only to IT employees, according to a draft project debated in the Parliament.

The young people in the Millenials generation require flexi-time during the hiring interview

The Millennials young people or the Y generation require during the job interview, in certain domains, flexi-time as the concept of fixed hours at the office may represent for them a kind of restraint on the activity, and implicitly, of the results, according to the data supplied by an HR outsourcing company.