11.22.2024

Over half of the total number of active enterprises (52%) in Romania operated in the sector of market services in 2023 and reported the highest number of employees, accounting for 39% of the total, as more

04.29.2024

Germany, France and the United States of America hold the top three spots among countries that control enterprise subgroups in Romania, as per the latest report on enterprise groups released by more

11.23.2023

51.1% of the total active enterprises had as main activity market services in 2022 and the highest average number of employees was registered in the market services sector, representing 38.0% of more

07.25.2023

UniCredit Bank is introducing in its portfolio a lending solution for micro-enterprises in Romania with a turnover of maximum EUR1 million. more

05.03.2023

The European Investment Fund (EIF) has signed a RON45 million (EUR9.1 million) loan with Agricover Credit, the main specialized financial services provider for farmers in the Romanian market. more

10.01.2021

The European Fund for Southeast Europe (EFSE) has provided a new loan worth the equivalent in lei of EUR10 million to BT Microfinantare (BT Mic), part of lender Banca Transilvania. more

12.11.2019

Micro-enterprises in Romania have difficulty in maintaining a positive financial situation and their debt ratio – debt to assets – reached 73% in 2018, a survey by Instant Factoring showed more

04.03.2019

Romania's SME sector included 511,800 active micro-enterprises in 2017 with a total turnover of RON139.1 billion and 1.1 million employees, a study by Instant Factoring showed Wednesday. more

11.21.2017

UK-based Keswick Enterprises Group has reached an agreement for the sale of its subsidiary, Tibbett Logistics, a logistics company in Romania, to logistics services provider Yusen Logistics (Europe) more

07.28.2015

Irish group Origin Enterprises will buy Romanian–based providers of agronomy services Redoxim, for EUR35 million, and Comfert, for EUR19.4 million, the company said in a statement Tuesday. more

02.18.2015

Micro-enterprises will have to pay a tax even if they don't have any employees and firms with one or more employees will pay 3% and 1% of their turnover, respectively, while firms with no employees more

11.07.2013

The Romanian government will lower the revenue cap on micro-enterprises from EUR65,000 to around EUR50,000 (RON220,000) to get more firms into the tier of businesses that pay taxes on profit, a more

09.17.2013

The Romanian government plans to lower the revenue cap on micro-enterprises from EUR65,000 to around EUR50,000 to get more firms into the tier of businesses that pay taxes on profit, according to a more

01.24.2012

Romania's Government will bar the state's creditors from launching forced execution proceedings or placing distraint on shares in national companies received as guarantees, and will also refrain from more

01.19.2012

Romania's Economy Ministry has asked the Government to revise the 2011 budgets of almost 50 state-owned companies, to include higher costs, and complained that the Finance Ministry has not approved more

12.06.2011

Seventeen state-owned companies were included in this year's “Top 100 Most Valuable Companies in Romania”, three of which were new entries and the rest of them regulars in this ranking put more

11.13.2011

Romanian state-owned enterprises ultimately belong to the Romanian people, so it is the Government's responsibility to ensure they are properly run and that their managers have the people's interest more

11.02.2011

The largest head-hunters of the local market, who “hunt” top executives and charge EUR25,000 to EUR30,000 for it, will get in the race for the most ambitious recruitment project in Romania at the more

10.26.2011

A quarter of Romania's 760 state-owned enterprises, such as RADET, CFR or Oltchim, are unprofitable, with nonviable assets and de facto bankrupt, meaning almost 100,000 employees would be left jobless more