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Sursa foto: CECCAR Business Magazine
The hourly cost of labor in adjusted form (adjusted for number of working days) recorded in the first quarter of this year a decrease of 2.58 pct over the previous quarter and a 5.56 pct increase compared to the same period of 2020, according to data published on Friday by the National Institute of Statistics (INS).
Furthermore, over the fourth quarter of last year, the hourly cost of labor (in adjusted form depending on number of working days) dropped in most economic activities. The most significant drops of the hourly cost of labor (in adjusted form depending on number of working days) were found in financial intermediation and insurance (-8.88 pct), production and supply of electric and thermal energy, gas, hot water and air conditioning (-8.34 pct), as well as show, cultural and recreational activities (-8.08 pct), the INS release shows.
#25x25Interview | Ram Addanki (British American Tobacco): A clear commitment to transforming tobacco
Mihai Cristea 04/06/2021 | 14:12
A new episode in the #25×25 Interview Series powered by
Schoenherr si Asociatii SCA, a special editorial project featuring 25 companies that have been in business in Romania for 25 years, sees us talking to Ram Addanki, Central Europe South Area Director at British American Tobacco, as we try to discover the secrets to the company’s remarkable success and longevity in the Romanian market.
Business Review: Starting with a bit of historical background, what can you tell us about your company’s
entry into Romania back in 1996 and about your industry as a whole back then?
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