Analysis
Press Review - April 9, 2015
Over Half Of Local Businesses Expect Considerable Turnover Growth In 2015 Romanian-owned companies are more optimistic that foreign businesses operating in Romania regarding growth in turnov...
Romania’s Furniture Exports Double In Five Years, Head Toward EUR2B
Aramis Invest, Italsofa and Taparo are Romania’s biggest furniture exporters in an industry with many entrepreneurial businesses that managed to grow on the basis of orders coming from abroa...
1Q In Review: Ten Most Important Events In Constructions And Transport Infrastructure
After a quite tepid 2014 for Romania’s constructions and transport infrastructure, the first quarter of 2015 breathed new life into these fields. Several highway contracts were signed and an...
1Q In Review: Ten Most Important Events In Tourism Business
Tourism, a sector with almost 7,000 hotel companies that generate 4 billion lei (almost EUR1 billion) revenue a year, saw the government deciding to cut the value added tax to 9% for accommo...
Press Review - April 8, 2015
KMG International’s Payment For Petromidia Refinery Postponed For 2016 The representatives of KMG International (former Rompetrol Grup), owned by KazMunayGas, decided, jointly with Romanian...
Press Review - April 7, 2015
PM: VAT Can Be Lowered This Year, 1Q Revenue Collection Above Expectations On Monday, Prime Minister Victor Ponta had talks with central bank governor Mugur Isarescu over the VAT cut. The PM...
Press Review - April 6, 2015
Meat Industry Representatives Ask For VAT Cut To 9% On Basic Food Products As Of June Meat industry representatives asked the Prime Minister to lower the value added tax from 24% to 9% on ba...
Press Review - April 3, 2015
Tariceanu Registers His Breakaway Liberal Party In Court The president of the Reforming Liberal Party, Calin Popescu Tariceanu, has registered his party in the registry of political parties...
Weekly Export Risk Outlook, April 1
The roadblock in Greece takes longer to clear while the economic growth in Turkey was better than expected, Euler Hermes noted in this week's Export Risk Outlook report.