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Articles - companies

Romania introduces stricter conditions for companies that want to hire foreigners

Employers in Romania that want to hire foreigners must obtain a new document from the General Inspectorate for Immigration, according to a normative act that entered into force in late-November, reports local Ziare.com.

Stefanini Romania to hire 120 people by yearend

Stefanini will create 120 new jobs in Bucharest and Sibiu by the end of the year. The outsourcing company wants to hire 20 specialists for its service center in Sibiu and 100 people for the Bucharest center by the end of December.

CEE managers plan to raise salaries to keep good employees

Managers in the Central and Eastern Europe plan to raise salaries in 2015 to retain good employees, as qualified and motivated staff is vital for business sustainability, according to the KPMG report “Pulse of Economy 2014,” cited by local Mediafax.

Unemployment rate in October – 5.13 percent, up against September

The rate of unemployment at the end of October was 5.13 percent, higher by 0.02 percentage points than that of September and by 0.27 percentage points under that of October 2013.

IT industry: A Silicon Valley at country level, turnover totals approximately EUR 1 bln

Romania counts on a software and IT services market worth one billion euros, with 80,000 programmers and engineers employed, Software and Services Industry Owners Association (ANIS) chair Andrei Pitis claimed at a press conference on Wednesday. ‘

The IT & C sector, the third-largest contributor to Romania's GDP

The IT & C sector made it to the third-largest contributor to Romania's Gross Domestic Product (GDP) and 1,700 relevant projects received European financing, Minister for the Information Society Razvan Cotovelea told the conference for the presentation of the National Strategy on the 2014-2020 Digital Agenda of Romania.

Coface: Insolvencies in Romania down 17 percent in Q3

During the first nine months of this year 15,575 new insolvencies were registered in Romania, down 17 percent compared to the same period of 2013, when 18.735 new insolvencies were opened, an analysis by credit risk management firm Coface shows. The analysis is based on the data provided by the National Trade Registry.

Re/Max resumes expansion in Romania, wants to grow to 27 agencies

US based real estate company Re/Max presently runs a network of seven affiliated real estate agencies in Romania but plans to expand the franchise to 12 agencies by the end of this year and 27 by the end of 2015, Razvan Cuc, a local businessman who together with his wife owns the master-franchise for Romania, told a press conference on Wednesday.

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