Companies Called To Reveal Who Their Real Shareholders Are

Companies Called To Reveal Who Their Real Shareholders Are

03.04.2020

Law 129/2019 published in the Official Gazette of Romania on July 18, 2019, requires companies to notify the Trade Register who the real owners are, i.e. those who own at least 25%, either upon registration or in an annual filing.

Romania Central Bank Cuts Key Rate To 2% A Year Amid Coronavirus Crisis Romania Central Bank Cuts Key Rate To 2% A Year Amid Coronavirus Crisis

Romania’s central bank BNR on Friday decided to lower its main monetary policy rate by 0.50 percentage points to 2% a year from 2.5%

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Ten Sectors Working In Full Gear In Romania Amid Coronavirus Pandemic Ten Sectors Working In Full Gear In Romania Amid Coronavirus Pandemic

Telecom watchdog ANCOM estimates traffic in the communications networks will surge by up to 50% over the coming period * Jean Valvis,

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BRD– Groupe Société Générale Donates RON1.7M For Medical Equipment, Covid-19 Tests, Disinfectants BRD– Groupe Société Générale Donates RON1.7M For Medical Equipment, Covid-19 Tests, Disinfectants

BRD– Groupe Société Générale has donated RON1.7 million for the health sector, namely, for medical protection equipment, Covid-19

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MedLife To Open New Lab For Coronavirus Tracking, Testing MedLife To Open New Lab For Coronavirus Tracking, Testing

MedLife, the largest provider of private medical services in Romania, is opening a new laboratory for coronavirus tracking and testing,

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ING Bank Forecasts 0.9% Economic Contraction For Romania In 2020 ING Bank Forecasts 0.9% Economic Contraction For Romania In 2020

ING Bank has revised downward its growth forecast for Romania’s economy, expecting an economic contraction of 0.9% for 2020. The bank

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CEZ Gets Offers Valuing Romanian Operations At EUR1.1B-EUR1.3B CEZ Gets Offers Valuing Romanian Operations At EUR1.1B-EUR1.3B

Czech-held CEZ group has received preliminary financial offers valuing its operations in Romania at EUR1.1 billion to EUR1.3 billion,

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Bucharest Accommodates 16% Of Hypermarkets In Romania, Accounts For 27% Of Sales Bucharest Accommodates 16% Of Hypermarkets In Romania, Accounts For 27% Of Sales

Only 35 of the 209 hypermarkets in Romania are in Bucharest, but they account for a significant portion of sales, contributing more

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Coronavirus Wipes Off RON7.8B Of Romanian Stock Market Capitalization In Three Days Coronavirus Wipes Off RON7.8B Of Romanian Stock Market Capitalization In Three Days

Bucharest Stock Exchange (BVB.RO), the operator of the local capital market, has lost 3.9% since the beginning of the week, as seen in

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Analysis

Top 50 Romanian Brands Worth EUR5B Top 50 Romanian Brands Worth EUR5B

The 50 most powerful Romanian brands are worth about EUR5 billion, 17% more than in 2018, the latest report of Brand Finance, a global independent branded business valuation consultancy, shows.