02.01.2022

Nuclearelectrica (SNN.RO), Romania's only nuclear power producer and the state-owned company with the best-performing shares on the Bucharest Stock Exchange in recent years, announced Tuesday evening more

04.15.2020

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12.21.2018

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12.20.2018

The business sector had a very harsh reaction to the government’s proposed new taxes in banking, energy and telecom sectors, asking it to stop. The Bucharest Stock Exchange lost 11% and fell into more

11.17.2017

Nearly four in ten companies (37%) are awaiting decisions from parent companies regarding wages under the new Tax Code, according to a study by human resources company Adecco. more

11.08.2017

Approximately two hundred people on Wednesday rallied in Bucharest in front of the Government’s headquarters over the cabinet's proposed tax plans. more

10.30.2017

Tension between government and the business sector is mounting alarmingly fast after the Finance Ministry announced significant changes of the fiscal legislation at the end of last week: 1% tax on more

06.28.2017

The top ten ranking of local banks that account for almost 83% of the local assets, has seen significant changes in the past decade, as lenders with a lower market share in 2007 have grown fast while more

01.27.2016

CEZ Distributie, owned by Czech utility group CEZ, will have a new management team, starting February, after appointing Ion Dobrescu as Chairman of the Executive Board and Eugen Butoarca as Chief more

09.12.2014

Dana Demetrian, director of retail network management at Banca Comerciala Romana (BCR), may be appointed to the position of Executive Board member responsible for Retail & Private Banking, replacing more

05.26.2014

Romanian footwear retailer Leonardo, undergoing insolvency, plans to sell some of its assets or shares and to enter new markets to be able to pay off its debts to creditors, according to a proposition more

05.26.2014

The shareholders of Romanian insolvent vegetable oil producer Ultex Tandarei have changed the company’s reorganization plan in order to sell its assets to Moldova-based agri-industrial group Trans more

05.07.2014

Romania’s Transport Ministry has decided to replace four out of six members of the Executive Board of state-run airline Tarom, people close to the matter told news agency Mediafax Wednesday. more

02.04.2014

The numerous fiscal policy steps taken by the Romanian governments since the beginning of the financial crisis showed lack of strategy and led to poverty, according to a study carried out by lawyer more

09.24.2013

The management board of Romanian telecom operator Romtelecom on Tuesday approved new changes in the company’s top management structure starting October 1, 2013. more

06.20.2013

Romania’s Health Minister said the legislation regarding the clawback tax will be changed to allow a different calculation for generic drugs and original brand-name drugs. more

01.11.2013

The Romanian Government will amend insolvency law in 2013, on being disputed by the investors which claim it is detrimental to the fair companies, minister delegate for small and medium-sized more

09.26.2012

The Romanian Government aims to settle and speed up the signup and financing of renewable energy projects, according to a recently drafted emergency ordinance on amending the energy and gas law. more

09.24.2012

Large insurance companies in Romania have changed their strategies during the crisis to slow down the decline in turnover and the new economic context has forced eight of the top ten insurers to more

07.23.2012

Horia Manda, managing director of Axxess Capital, the company that manages the Romanian-American Enterprise Fund (RAEF), the Balkan Accession Fund (BAF) and the Emerging Europe Accession Fund, said he more