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Articles - companies

How much do companies gain from their Romanian employees?

Human capital return on investment (HC ROI) in Romania, calculated as the number of monetary units generated by each employee for each monetary unit invested in his salary, is 1.30, according to the 2014 PwC Saratoga study.

Lenovo Romania reaches 160 employees after absorbing IBM’s local server division

The local subsidiary of Chinese PC maker Lenovo has completed the takeover of the x86 servers division and the transfer of teams from IBM Romania, raising Lenovo Romania’s staff numbers to 160 from just 12, said Aurel Netin, head of Lenovo Romania.

Romania among countries with record number of insolvencies

Romania ranks 10th of 42 countries in a Euler Hermes top, according to the number of insolvencies in 2014 and was included in the group of countries with record level of firms in insolvency, trying to get stable. A slight drop of 1% is estimated for this year.

Over 53% of Romanian managers expect positive economic evolution in 2015

Over 53% of Romanian managers expect in 2015 a positive economic evolution, while 34% see a continuation of the crisis, according to a study made by KeysFin.

Russian media group Sputnik intends to open office in Bucharest

Russian media group Sputnik News is preparing to open offices in Bucharest and Chisinau. The group is controlled by the Russian state and includes a radio network and a network of news in various languages, writes Mediafax newswire.

China’s Huawei wants to reach over 1,000 employees in Romania

Chinese company Huawei wants to reach over 1,000 employees in Romania in the coming years, as the local market is one of the main development targets for the company.

Over 100,000 companies registered from Jan. to Nov.

Over 100,000 new economic operators were registered during this January-November, according to figures supplied by the Trade Registry and the analyses conducted by the Department for SMEs, Business Climate and Tourism.

Bosch to open new research and development office in Cluj in 2015

Germany’s Bosch on Wednesday said it will open a new office in Cluj-Napoca (north-western Romania), at the beginning of 2015, where it will develop software solutions for new products.

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