31 August 2010

Gianfranco Bisagni is the new vice-president of the corporate investment banking & private banking division with UniCredit Tiriac Bank. Bisagni, who started with the new position in UniCredit Tiriac Bank at the beginning of April, was previously Chief Manager UniCredit Hong Kong Branch & Head of Corporate Banking Asia Pacific.

31 August 2010

Several workers' unions in Romania representing state employees will organize a strike on October 7 to protest against the new salary law project. State employees could start an unlimited general strike after September 15 and workers' unions expect a broader participation than in previous such events, as more austerity measures have impacted workers in the meantime.

30 August 2010

Romania's furniture exports, in first four months, totaled EUR 356 million, 7.3 percent higher than in the same period of the previous year, according to the National Institute of Statistics' data. The imports amounted to EUR 90.4 million, 12.1 percent lower compared to January-April 2009.

30 August 2010

Romanian retail sales are expected to go back to the 2007 level, after decreasing by as much as 10.4 percent in 2009, according to a recent report by advisory firm Candole. The biggest decline was in June last year, when retail sales dropped by 16.4 percent. This came after two years of economic boom, 2007 and 2008, when retail sales grew by 20 percent year-on-year.

31 August 2010

Gianfranco Bisagni is the new vice-president of the corporate investment banking & private banking division with UniCredit Tiriac Bank. Bisagni, who started with the new position in UniCredit Tiriac Bank at the beginning of April, was previously Chief Manager UniCredit Hong Kong Branch & Head of Corporate Banking Asia Pacific.

31 August 2010

Several workers' unions in Romania representing state employees will organize a strike on October 7 to protest against the new salary law project. State employees could start an unlimited general strike after September 15 and workers' unions expect a broader participation than in previous such events, as more austerity measures have impacted workers in the meantime.

30 August 2010

Romania's furniture exports, in first four months, totaled EUR 356 million, 7.3 percent higher than in the same period of the previous year, according to the National Institute of Statistics' data. The imports amounted to EUR 90.4 million, 12.1 percent lower compared to January-April 2009.

30 August 2010

Romanian retail sales are expected to go back to the 2007 level, after decreasing by as much as 10.4 percent in 2009, according to a recent report by advisory firm Candole. The biggest decline was in June last year, when retail sales dropped by 16.4 percent. This came after two years of economic boom, 2007 and 2008, when retail sales grew by 20 percent year-on-year.

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