04.22.2016

Romania's High Court of Justice ruled irrevocably that oil company OMV Petrom breached antitrust regulations by forming a cartel with other oil companies, Competition Council said in a statement on more

04.04.2016

Romania's Competition Council has opened an investigation into "a possible abuse of dominant position by Orange Romania", the largest player on the local telecom market. more

03.16.2016

Romania’s Competition Council approved, in early March, the transaction whereby British pharmaceutical company GSK sold wholesaler Europharm Distributie to fast moving consumer goods distributor more

03.02.2016

Romania’s Competition on Wednesday said it is looking into the economic concentration operation whereby French retail group Carrefour is taking over Billa stores- the retail operations in Romania of more

03.02.2016

Romania’s Competition Council has cleared the takeover of Banca Comerciala Carpatica (BCC.RO) by Nextebank, arguing it poses no problem in terms of compatibility with the competitive environment, more

02.24.2016

Romania’s Competition Council on Wednesday said it is looking into the takeover of Romanian dairy manufacturer Albalact (ALBZ.RO) by French group Lactalis. more

02.18.2016

Romania’s Competition Council on Thursday said it has cleared the takeover of International Healthcare Systems (IHS) and of the nephrology activity of Inter Health Systems by Diaverum group. more

02.16.2016

Romania’s Competition Council on Tuesday said it is looking into the takeover of Banca Comerciala Carpatica (BCC.RO) and the entities it controls by Nextebank. more

01.05.2016

Romania’s Competition Council on Tuesday said it is looking into the takeover by Italian company TCH of Cogeme group which includes Italy-based Cogeme Set Spa, car parts producer Cogeme Set RO SRL more

12.08.2015

Romania’s projected economic growth of 4% for 2016 might be at its peak and is likely to slow down toward 3.5% in 2017, given the lack of investments, and a growth based only on consumption is not more

12.08.2015

Romania's inflation rate is seen dropping to below -2 early next year from the current -1.6% but will rise again to reach 2.5%-3% once the effects of the cut in value-added tax wear off, according to more

12.08.2015

The new government, with a one-year mandate, should focus on few, clear projects, mainly on increasing tax collection, which would be clearly communicated, an on increasing transparency and efficiency more

11.05.2015

Listing state-owned companies on the stock market helps increase their efficiency due to extending their ownership and the level of transparency they must adopt, but it would also attract the more

09.11.2015

Romania’s Competition Council on Friday said it is looking into the takeover of retail operations, including some of corresponding assets, of two NIC stores in capital Bucharest by Mega Image, from more

08.17.2015

Romania’s Competition Council on Monday said it has cleared the transaction whereby McDonald's takes over three fast-food restaurants in Brasov (central Romania), which have so far been operated in more

07.22.2015

Romania should not repeat the mistakes of other states or its own mistakes before the financial crisis, thus economic policies decision makers should act prudently, as it is easy to promise and give more

07.22.2015

Romania’s Fiscal Council said the cut in the standard VAT rate from 24% to 19% as of January 1, 2016 actually means a decrease of 8 percentage points, not five points, given that the average VAT more

06.18.2015

Eric Stab, president and CEO of GDF SUEZ Energy Romania, is the new president of Foreign Investors Council (CIS), replacing Mihai Bogza, Chairman of Bancpost Board of Directors. more

05.11.2015

Romania’s Competition Council fears that stores, retail chains and producers might collude to keep in their profits the planned cut to 9% in the sales tax on food items starting June 1, watchdog more

04.29.2015

The VAT cut to 9% on food items should have been announced right before its implementation, to avoid price hikes operated by retailers, Fiscal Council head Ionut Dumitru told Coface Country Risk more

04.16.2015

Romania’s Competition Council wants to complete several investigations this year, which target potential rigged bids in the milk, energy and IT sectors, the antitrust watchdog head Bogdan Chiritoiu more

04.16.2015

Romania’s Competition Council last year fined 53 companies a total 185 million lei (some EUR42 million) for anticompetitive behavior, more than double against 2013, the antitrust watchdog said in more

02.24.2015

Romania would rather need fiscal relaxation measures in terms of supply, by cutting social security tax, instead of measures to stimulate demand by cutting VAT and excise duties, which will trigger more

01.13.2015

Selgros Cash&Carry on Tuesday rejected the accusations of Romania’s Competition Council, which fined the company RON6.6 million, and awaits the watchdog’s motivation in order to start legal more

01.13.2015

Romania’s antirust watchdog has fined retailers Metro, Real, Selgros and Mega Image and 21 of their suppliers a total 154 million lei (some EUR35 million) for price-fixing arrangements between 2005 more