31 mai 2012

The European Commission has reasoned opinions to Romania and Slovakia, urging them to bring their national legislation in line with community rules by updating the ban on the use of hazardous more

31 mai 2012

The European Commission has sent Romania and Italy a reasoned opinion, asking them to transpose into national rules a directive that reduces barriers on the community market of defense equipment, or more

31 mai 2012

European Commission president José Manuel Barroso will visit Bucharest on Friday to meet with Romanian President Traian Basescu and Prime Minister Victor Ponta, and attend the conference "Challenges more

31 mai 2012

Romania's Government will not allot any money from the state budget for building consolidation this year, although experts have repeatedly warned that there is a risk of a strong earthquake occurring more

31 mai 2012

Romania is exposed to the risk of contagion with the Greek banking market, including through the over EUR4 billion financing lines with Greek banks, which can become uncertain, but the Romanian more

31 mai 2012

Dorin Catana, the chief executive officer of the Centrofarm retail pharmacy network, stepped down from his position and was replaced by Catia Radulescu, a member of the board of directors and one of more

31 mai 2012

UniCredit Tiriac Bank might soon announce the closing of the brokerage firm UniCredit CAIB Securities, which it fully owns, and integration of the brokerage operations into a department of the bank. more

31 mai 2012

OMV Petrom (SNP.RO) remained the largest company in Romania in 2011, with a turnover of almost EUR4 billion, shows a ZF analysis based on data provided by the company or on ZF estimates. This is the more

31 mai 2012

With more than 200,000 square meters of empty office space in an economy that is not completely free of recession and low foreign direct investment (merely EUR2 billion a year), developers continue to more

31 mai 2012

More than ten executives on the pharmaceutical market packed their bags in the last year, companies’ profit margins have been cut by the overtaxation imposed by the government, and drug refunds are more

30 mai 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

30 mai 2012

Romanian authorities will follow the upcoming salary raise in the public sector by restricting spending on wages in the next three years, says a government document. more

30 mai 2012

Romania's Government has increased the state aid for poultry and pig welfare to 253.6 million lei (EUR56.8 million) and RON204.9 million, respectively, to cover demand. more

30 mai 2012

Romania's Government on Wednesday approved the construction of a pipeline linking the Romanian and Moldovan natural gas transport systems, between Iasi and Ungheni, Prime Minister Victor Ponta more

30 mai 2012

Romania's Government has issued an ordinance whereby self-employed people and micro-enterprises with turnover below EUR65,000 per year will be exempt from paying VAT. more

30 mai 2012

The Bucharest Airport National Company (CNAB) announced Wednesday its revenue increased 17.4% last year, from 450.8 million lei (EUR101 million) in 2010 to RON529.6 million, while profit grew by more

30 mai 2012

A bill put forward to the Romanian Senate says employers who hire young people under 25 for at least three years would pay only 50% of their social contributions. more

30 mai 2012

Almost four years since the crash of the Lehman Brothers bank, the officially recognized milestone that marks the start of the most serious financial and economic crisis of the last eighty years, a more

30 mai 2012

Almost one in two Romanian employers (45%) says they have problems recruiting for their jobs because of the “lack of technical skills,” a percentage significantly higher than the global average, more

30 mai 2012

The 100 biggest law firms in Romania have extended their teams by 120 lawyers to 1,628 people over the course of last year, with the overall revenues posted by 19 of them exceeding EUR100 million, more

30 mai 2012

The Bucharest Stock Exchange needs to understand the reasons why local companies with foreign shareholders choose to migrate to a foreign market and the fact that investment fund Fondul Proprietatea more

30 mai 2012

The Policolor-Orgachim group, one of the largest competitors on the local paint and enamels market, has a new chief executive officer as of this year, Marius Vacaroiu. At the beginning of his term, more

29 mai 2012

Cypriot lender Marfin Bank posted net profit of EUR1.1 million in Romania in the first quarter, up from EUR60,000 in the first three months of last year. more

29 mai 2012

Romania's Government is considering taxing public sector wages by an extra 16% for amounts in excess of 4,500 lei (EUR1000) per month, Prime Minister Victor Ponta said Tuesday. more

29 mai 2012

Romania's Government will approve Wednesday an ordinance whereby self-employed people with income below EUR65,000 per year will be exempt from paying VAT, a decision that will affect artists and more