21 ian 2013

Romanian plastic systems maker Teraplast (TRP.RO) Monday said it named Gheorghe Grosan as president of the company’s Board of Directors, replacing Stefan Bucataru, who resigned from this position. more

21 ian 2013

The Romanian Government will advance by three months the tobacco excises calendar hike, which will be annually enforced on April 1 instead of July 1, the measure being maintained until 2017. more

21 ian 2013

Romanian privately-owned companies with revenues of up to EUR65,000 will pay a 3% tax on revenue reported as of February 1, 2013, according to an ordinance draft amending the Fiscal Code. more

21 ian 2013

Romanian small and medium-sized enterprises owners creating new job opportunities and hiring jobless people will not receive advantageous loans or non-payable funds from the social insurance budget in more

21 ian 2013

Romanian farmers registering revenues from animal breeding, silviculture and pisciculture activities will pay a 16% tax from the annual net income, according to an emergency ordinance draft amending more

21 ian 2013

The value of the pension point may increase by 4% in 2013, to 762.1 lei (EUR175) from the current RON732.8, according to a law draft on the budget of the state social insurance on 2013. more

21 ian 2013

The Bucharest stock exchange went down Monday, from a 10-month high reached Friday, in an apathetic market with liquidity mainly lifted by deals with shares of Fondul Proprietatea (FP.RO) and more

21 ian 2013

The Romanian Government will enforce additional taxes on companies that extract and sell natural gas on the local market, including the Black Sea perimeter, according to an emergency ordinance draft. more

21 ian 2013

German construction company Max Boegl, which built projects such as Bucharest’s National Arena stadium, is expanding its local operations, being set to invest EUR180-200 million in the construction more

21 ian 2013

UniCredit Tiriac Bank, controlled by Italian group UniCredit in partnership with Romanian businessman Ion Tiriac, will not force a fast adjustment of the imbalance between loans and deposits at the more

21 ian 2013

Nestle, Microsoft, IBM, JTI, Wrigley, Kandia, Sanofi, S&T and Rehau are a few of the companies that decided to start the new year with a change at the top management. more

18 ian 2013

The European Bank for Reconstruction and Development, EBRD, invested around EUR600 million in Romania in 2012, financing a number of 26 projects, the bank’s financial analyst Olga Rosca said in a more

18 ian 2013

Credit Europe Bank Romania may launch an issue of corporate bonds worth 250 million lei (EUR57.73 million) in 2013, to finance and develop the portfolio of long-term loans, according to the daily more

18 ian 2013

The Bucharest stock exchange closed up 0.82% Friday, for the third day in a row, touching the highest level in the past 10 months, with liquidity mainly lifted by deals with shares of Fondul more

18 ian 2013

Romanian Transport Ministry may invest over EUR3 billion in 2013, including European Union funds, minister Relu Fenechiu said Friday. more

17 ian 2013

Three managers with Romanian national roads authority CNADNR were dismissed Thursday over management flaws, especially regarding the reaction to the weather effect upon the traffic on more

17 ian 2013

The Bucharest stock exchange closed higher Thursday, reversing trend just a few minutes before closing bell, amid low traded volumes and with trades with the shares of OMV (SNP.RO), Fondul more

17 ian 2013

The unionists with Hidrosind said Thursday the layoffs at Romanian insolvent energy producer Hidroelectrica breach the collective labor contract, and threaten with court actions and protests as of more

17 ian 2013

Romanian medical drugs producers have focused on exports during the last years, which increased by 40% in 2012 and are seen up 25% in 2013, to offset the deterioration of local operations strongly more

17 ian 2013

Romania’s leu traded below 4.33 units against the euro in early action Thursday, amid high liquidity and with foreign investors being the major buyers of leu currency. more

17 ian 2013

The Bucharest stock market opened up Thursday, amid high traded volumes lifted by a deal with a 0.06% stake in OMV Petrom (SNP.RO), worth 17.8 million lei (EUR4.11 million). more

17 ian 2013

Dacia brand with its entry-level model Logan need to remain competitive and keep the almost ten-year advance over competition, says Renault’s chief operating officer. more

17 ian 2013

The Italo-Romena Bank, controlled by Italian group Veneto Banca, bought the Nova Building office building in December, where it has been headquartered since 2008, in a EUR17 million deal, according to more

16 ian 2013

The price of natural gas for industrial consumers will increase by 5% as of February 1, as part of a measure undertaken in the stand-by agreement with the International Monetary Fund IMF and adopted more

16 ian 2013

The Romanian Government approved in Wednesday session to allot an emergency aid from the state reserve consisting of 60 tons of diesel fuel to the population in the eastern counties of Botosani, Neamt more