September 15 (SeeNews) - Following are some of the main stories in the online versions of Romanian media on Tuesday morning. SeeNews has not verified these reports and cannot vouch for their accuracy.
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- U.S. QVT Fund LP has exited Romanian electronics and IT retailer Flamingo International, selling its 22% stake for 5.1 million lei on the Bucharest Stock Exchange, the daily said.
- Managers in the sectors of telecommunications, waste collection and general insurance had the highest salaries in Romania last year, data from the National Agency for Fiscal Administration showed. The best paid employee in the country works in the cable telecommunications sector and earned 1.3 million euro last year.
- The Romanian unit of the Bank of Cyprus has reported a 5.0 million euro net profit for the first half of the year, up from 3.0 million euro a year earlier, the parent bank said.
- The level of economic freedom in Romania has improved over the past few years, pushing the country up 10 notches to the 73rd position out of 141, according to a ranking by Canadian think tank Fraser Institute.
- The International Monetary Fund’s board will analyze and file for approval on September 21 the first review of the stand-by agreement with Romania, as well as the request on changing certain performance criteria, according to IMF data.
- The number of Bulgarians working in Romania has increased significantly lately as many international companies with subsidiaries in Romania and Bulgaria prefer to hire Bulgarian managers to head units in both countries, a poll conducted by the daily showed. Lower costs with salaries is one of the reasons for this trend, as Bulgarians’ salary packages are lower by up to 20% than the ones of Romanians.
(1 euro=4.261 Romanian lei)