Translator RO-EN
Ecaterina Craciun
- Fields
- Companies, Banks-Insurance, Real Estate
- Writing for ZF since
- 2012
- Articles
- 19.828
Vosganian Says Current VAT, Social Contributions Hinder Romania’s Economic Growth
Economy Minister Varujan Vosganian on Thursday said Romania will never post an annual economic growth above 4% unless it changes its sales tax and social security contributions.
Erste Group To Have New CFO Starting September
Gernot Mittendorfer will take over as Chief Financial Officer of Erste Group Bank starting September 1, 2013 when the group’s current CFO Manfred Wimmer will retire, Erste Group, which contr...
Romania To Amend Clawback Tax
Romania’s Health Minister said the legislation regarding the clawback tax will be changed to allow a different calculation for generic drugs and original brand-name drugs.
One In Three Romanians Smokes, But Government Opposes EU’s Anti-smoking Rules
The Romanian Government protects the tobacco industry to the detriment of non-smokers by opposing a European directive aiming to reduce smoking, despite the fact that one in three Romanian a...
Good Crops Trigger 15% Lower Wheat Prices
Local farmers will harvest 6.1 million tons of wheat in upcoming weeks, 27% more than last year due to the good weather, therefore, prices are expected to be 15% lower than in the same perio...
No Progress On Bucharest Beltway Rehabilitation This Year
Bucharest beltway rejoices funds of EUR41 million this year, which translates into a mere 3% of the budget of Romania’s national roads authority CNADNR. However, not a single kilometer of be...
Why Does Romania Borrow At 5% Yield And Poland At 3%?
Romania’s Finance Ministry borrows in lei at costs 2% higher than the yield paid by Poland for t bonds in zloty, although the two countries have the same financing needs in ratio with the si...
Press Review - June 20, 2013
Health Minister Urges Recalculation Of Organ Transplant Costs Romanian Health Minister Eugen Nicolaescu said organ transplant costs must be recalculated to also include the activity of organ...
Media Fact Book: Romania's Advertising Market Seen At EUR295M In 2013
The overall net value of Romania’s advertising market is seen reaching EUR295 million in 2013, down from EUR303 million in 2012, according to the Media Fact Book study published by Initiativ...
Settlement Board Rejects Contestations Against Lugoj–Deva Highway Building Tenders
Romania's National Contestation Settlement Board (CNSC) has rejected the contestations filed by construction company Spedition UMB and Austrian group Strabag regarding the awarding of contra...
West Gate And Novo Park Become BREEAM Certified Office Buildings
Office projects West Gate and Novo Park, located in western and northern Bucharest, have obtained the BREEAM Very Good certification and became the first green office parks on the local mark...
Heads Of Three Multinational Cereal Traders Step Down
Cezar Gheorghe, the CEO of Ameropa Grains (with EUR198 million sales last year), Victor Beznea, head of Nidera Romania (estimated turnover of EUR85 million last year) and Tsvetan Iliev, gene...