IT&C retailer Depozitul de Calculatoare sees sales down by 60-70%
March 31, 2009
C.N.D.P.I. Romsoft, operator of the Depozitul de Calculatoare network, one of the leading players on the IT&C retail market, recorded a 60-70% decline in sales in euros in the first two months of this year.
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FOCUS: Romanian Ctrl Bk’s New Reserve Rule May Have Positive Effects On Lending
March 31, 2009
The central bank’s decission to cut the reserve ratio on long-term foreign currency liabilities to zero from the current 40% should have a positive effect on the lending activity on medium-term and should ease the pressures upon the leu, the economic analysts said Tuesday.
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Business lawyers make 700,000-euro average profit in 2008
March 31, 2009
The lawyers who are partners in the biggest business law firms on the Romanian market last year registered an average profit worth 689,000 euros, reveals a ZF survey that takes into account the profits reported by five of the biggest firms on the market, according to their annual tax filings.
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Romania’s Ctrl Bk To Gradually Ease Monetary Policy After Applying IMF-Agreed Measures
March 31, 2009
The inflation increase and the economic slowdown triggered by lower exports and reduced external financing ask for a prudent view on the monetary policy that will ease gradually together with the implementation of the policy mix agreed with the International Monetary Fund, the central bank said.
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Romania’s Cos See Manager Salaries Flat Or Slightly Higher In ’09 – Ernst & Young
March 31, 2009
Representatives of Romanian companies forecast a moderate growth of managers’ salaries, and some estimate the salaries will remain unchanged, because of economic turmoil, according to a February Ernst&Young survey.
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