Cristian Popescu, Cisco Romania’s CEO Gets Permanent Post
Cisco Romania is the subsidiary of the leading networking equipment and network management supplier. After serving as interim CEO since July 2009, the company has named Cristian Popescu as chief executive officer. Aged 44, Cristian Popescu joined Cisco Romania in 2004 as Enterprise AccountManager. Before taking up the chief executive role, he headed the sales teams of Enterprise, Mid-Market and SMB segments.
Anti-corruption Prosecutors To Arrest PSD Senator
Yesterday, the National Anti-Corruption Directorate asked Justice Minister Catalin Predoiu to notify Parliament about the Legislative’s aproval for the arrest of Catalin Voicu. Prosecutors say that during July-September 2009, Catalin Voicu, took advantage of his senatorial capacity and received from a businessman, in two instalements, RON 250,000, and 200 euros in exchange for interveining with judges at the High Court of Cassation and Justice toward a verdict in favor of a trade enterprise where the businessman was a partner.
The Remaining Documents On 1989 Revolution Will Be Declassified
Prime Minister Emil Boc said Tuesday that Romania’s Government decided to declassify the last documents and information on the December 1989 anticommunist Revolution. The last documents on the 1989 Revolution would be declassified on March 10, at the request of the General Prosecutors' Office and the "21 Decembrie 1989" Association, said Defense Minister Gabriel Oprea in early March.
Social Media And The Success Of IT Companies
Social networking sites have spread rapidly across the globe. Lucian Despoiu, chief executive and founder of Kondiment says that the main advantages arising from social media to a brand strategy are the visibility and targeted communication. Companies must view social sites as a channel rather than as a strategy.
Leasing Fell By 72%
According to the data provided by the Association of Financial Companies (ALB), the financial crisis has made the hardest hit on the Leasing market, with financing granted last year for the acquisition of cars, buildings and equipment plunging by 72%, to 1.33bn euros. Small leasing firms saw their turnover plummet by even as much as 90%.
On March 18, Subway Workers To Go On Strike
The president of the Metro Free Trade Union (USLM), Ioan Radoi announced yesterday that starting on March 18, underground workers will be on general strike. Underground trains will not work from 4.00 am to 4:00 pm, when they will resume at full capacity up to 11.00 pm. The union leader said that workers demand a 3.7 % pay increase, according to the law, and better working conditions.
Black Sea Environmental Group Backed By The EU
A Romanian delegation said in Brussels that the EU members need to take action to contribute to the environmental well-being of the Black Sea.The delegation told the European Commission in Brussels that Bucharest saw room for improvement in environmental efforts under way in the Black Sea region. Brussels will host the formal launch of the Black Sea environmental partnership on March 16.
Romanian Tourism Promoted Through Seminars By Google
The owner of the world's most popular search engine will organise a seminar in partnership with the National Association of Travel Agencies in Romania(ANAT) next week in Bucharest. Google will promote Romanian tourism within the "Holiday Market" travel fair.The seminar titled "Google and Tourism: The challenge of online advertising and sales" is organised by ANAT in partnership with Google Ireland (the subsidiary that also handles Romania).
OMV Petrom Pump Price Rises By RON0.06/Liter
Following the trend in increase of international quotations for crude oil products, Romania’s largest oil company OMV Petrom (SNP.RO) raised its gasoline and diesel oil pump prices on Tuesday by 0.06 lei / liter. One liter of unleaded Premium gasoline costs RON4.2, while one liter of unleaded Top Premium 99+ can be bought with RON4.57 / liter. OMV Carrera 95 and of OMV Carrera 100 now cost RON4.34 and RON4.97 respectively per liter.
Apartment Prices - Half Of What They Were
According to analists, the collapse of the housing market started two years ago, after prices reached an all-time high in March 2008, of almost 2,100 euros/square metre. At that time, owners asked for 161,000 euros on average for a three-room apartment. Demands have stabilised over the last six months at around 90,000 euros for the same home, almost 50% decline over the last two years.
