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Results 26 - 50 from 52 for "excise"

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  • April 1 Brings Additional Fuel Excise Duty And Natural Gas Price Hike

    03.17.2014

    The Romanian industry will get a double blow on April 1 with the introduction of the additional EUR0.07 excise duty per liter of fuel devised by Ponta Government to boost budget revenue and the rise more

  • Cigarette Prices In Romania To Rise By Up To RON0.5 Per Pack As Of April 1

    03.10.2014

    Cigarette prices in Romania are estimated to increase by RON0.3-0.5 per pack as of April 1, as the total excise duty rises from EUR81.78/1,000 cigarettes to EUR84.37 and the excise on fuel will be more

  • Petrom: Romania Fuel Sales To Drop 1%-3% Due To New Excise Duty

    02.19.2014

    Romania’s planned new excise tax on fuels will likely trigger a 1% to 3% annual decline in local fuel sales, OMV Petrom’s chief executive Mariana Gheorghe said Wednesday. more

  • Excise Duty Hike To Increase Fuel Price By RON0.4 – Rompetrol Official

    02.06.2014

    The increase of fuel excise duty by 0.07 euros per liter will trigger a RON0.4 hike in the gasoline and diesel fuel price, while consumption might drop by 1-2% in the first three months, according to more

  • Romania Might Postpone Raising Excise On Diesel Fuel Another Three Months

    01.29.2014

    Romania's government is considering postponing the introduction of a higher excise tax on diesel fuel by another three months if the option is proven economically viable, Prime Minister Victor Ponta more

  • Romania To Regulate Potential Budget Gap Due To Tax Delay In July - PM

    12.23.2013

    The Romanian government will assess the impact of delaying a higher excise on fuel after the first quarter but a potential gap in budget revenues would only be corrected in the second half of the more

  • Romanian Government Seeks To Entice Oil Companies Not To Hike Fuel Prices After Excise Rise

    12.05.2013

    Romania’s government is trying to persuade oil companies not to hike fuel prices after an increase in fuel excises planned for next year, and offers to delay increases of the share of biofuels that more

  • President Threatens To Stave Off State Budget Unless Government Drops Fuel Excise Hikes

    11.24.2013

    Romanian President Traian Basescu threatened to send the 2014 state budget back to Parliament unless the government drops its proposed hike in fuel excises. more

  • Voinea: 2014 Budget To Include 127 Investment Projects, Most Of Them In Infrastructure

    11.13.2013

    Romanian Minister for Budget Liviu Voinea says 127 major investment projects worth a total of 148 billion lei (EUR33.2 million) will to be included in the state budget for 2014, which will be more

  • EXCLUSIVE: Romania Raises Excises By Nearly 5% In 2014, Expects Additional RON3.4B Revenue

    11.07.2013

    Romania will raise excise duties for next year by 4.77%, the average annual inflation rate calculated in September, and the Government expects the measure will reign in additional revenue of RON3.44 more

  • Government Removes Over EUR600M From Economy Through New Taxes On Fuel And On Companies’ Assets

    11.06.2013

    Analysts say the new taxes to be levied as of 2014 will indirectly also affect the population, leaving less money in Romanians’ pockets for consumption. more

  • Romania To Increase Excise Duties Considering Inflation As Of 2014

    11.04.2013

    Romania will increase excise duties as of January 1, 2014 in ratio with inflation and not the currency exchange rate, Prime Minister Victor Ponta said Monday, confirming information published recently more

  • Romania May Widen Taxable Income; Set New Formula To Compute Excise Duties

    10.30.2013

    Romania’s Government is considering widening taxable income to fill in the revenue-expenses gap in the budget for 2014 and wants to set a new formula to compute excise duties, Minister-delegate for more

  • Romania 2014 Excise Duty Rates Computed At RON4.4485 /Euro

    10.01.2013

    Romania's excise duties will be computed next year using an exchange rate of the leu of 4.4485 per euro, 1.6% lower on the year, according to data from the European Central Bank. more

  • Higher Excise Duties Prompt Spirits Producers And Importers To Boost Prices

    09.04.2013

    Producers and importers of alcoholic beverages started to increase prices by up to 30% as of September 1, arguing the measure raising excise duties on alcohol to EUR1,000 per hectoliter will boost the more

  • Romania Will Also Apply Excises On Vehicles, Yacht Engines With Capacity Exceeding 100 HP

    08.28.2013

    Romania’s Government decided Tuesday to also apply excise duties on vehicles and yacht engines with a capacity of over 100 horsepower starting September. more

  • Higher Excise Rates On Alcohol To Increase Alcoholic Drink Prices By Up To 40% - Association

    07.30.2013

    Raising excise duties on alcohol will increase alcoholic drink prices by 25% to 40% and tax evasion will skyrocket to 90% from about 70% currently, according to Romulus Dascalu, president of GARANT, more

  • Increase Of Beer Excises To Hike Prices, Reduce Consumption

    01.22.2013

    Increasing excise taxes on beer by 10% will cause prices to go up, and the ultimate result will be a decrease in consumption and lower state budget revenues, beer maker association Berarii Romaniei more

  • Romania To Raise Diesel Fuel Duties To EUR391/Ton Next Year

    12.13.2012

    Romania will increase excise duties on diesel fuels to EUR391 per ton from EUR374/ton on January 1, 2013. more

  • EU Urges Romania To Amend Law On Excise Warehouses

    10.24.2012

    The European Commission has requested Romania to amend its legislation concerning the authorization of excise warehouses, arguing that, under the current Romanian law, excise products coming from more

  • Romanian Leu Exchange Rate For 2013 Excise Taxes Set At 4.5223 Vs Euro

    10.01.2012

    The level of the excise duties in Romania will be calculated using an exchange rate of 4.5223 lei per euro next year, 5.2% higher than in 2012. more

  • Government Plans To Raise Diesel, Cigarette Duties Next Year

    05.30.2012

    Romanian authorities plan to raise excise duties on diesel fuel and cigarettes again next year, with the higher taxes on tobacco to last at least until 2015, says a government document. more

  • Cigarette Prices In Romania Higher Starting July 1

    04.03.2012

    The price of a cigarette pack in Romania will rise by RON0.15-RON0.20 on July 1, once the total excise duty increases to EUR79.19 per 1,000 cigarettes from EUR76.6 per 1,000 cigarettes, as stated in more

  • Cigarettes In Romania To Cost RON0.15 – RON0.20 More Per Pack From July 1

    03.22.2012

    The price of a cigarette pack in Romania will rise by RON0.15-RON0.20 on July 1, while the total excise duty will be increased to EUR79.19 per 1000 cigarettes from the current EUR76.6 per 1000 more

  • Romania To Hike Diesel Excise By 4.4% In 2012

    11.12.2011

    Romania will increase excise duties on diesel fuel by 4.4% on January 1, from EUR358 to EUR374 per ton, according to a government document. more

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