Analysis
Romanian Family Businesses Handed To Next Generation Either Make It Or Get Sold
Romanian family businesses are at a crucial step in their evolution since 1989, as they are being handed down to the next generation, and while some companies will make it through the transf...
Press Review - March 31, 2015
Senate Adopts Criminal Code Amendment Allowing Public Officials To Hire Family A bill amending the Criminal Code to allow public officials to hire their own relatives up to the second degree...
Petrom Weaknesses: The Factors That Wiped Out RON2.8B From The Profit Of Romania’s Biggest Company In 4 Years
Litigation with the thousands of employees who left the company, the lower-than-expected results of some investments and the failure of some exploration and production projects were the elem...
Press Review - March 30, 2015
UDMR Wants Lower Threshold In 2016 Local Elections UDMR wants the electoral threshold lowered from 5% to 3% for the 2016 local elections. Party president Kelemen Hunor said a lower threshold...
Bucharest Hotel Occupancy Rate Rises To 63% In 2014
The average occupancy rate of Bucharest hotels rose by 9.3% last year, to 63%, with the Romanian capital city boasting one of the biggest increases of this indicator among ten states of sout...
IMF: Romania Has No Room For Tax Cuts Unless Collection Is Improved
Romania has no room to lower taxes unless it improves tax collections and revenue administration, according to the report approved by the IMF board after consultations with Romanian authorit...
Weekly Export Risk Outlook, March 25
The euro-zone economy had a positive start of the year, and business sentiment in Germany continued to improve, Euler Hermes noted in this week's Export Risk Outlook report.
Press Review - March 27, 2015
Employment Agency To Organize 224 Professional Training Programs Romania’s National Employment Agency will organize, in April this year, 224 professional training programs for 4,324 people w...
Press Review - March 26, 2015
European Medicines Agency Recommends Restrictions On The Use Of Codeine European Medicines Agency has recommended restrictions on the use of codeine-containing medicines for cough and cold i...