Reporter
Gabriela Stan
- Fields
- Capital Market, Retail&Consumer, Banks-Insurance
- Writing for ZF since
- 2014
- Articles
- 3.917
Romanian Investors Buy Turbomecanica Industrial Platform For EUR5M
Romanian investors Robertino Georgescu and Dan Dragulin, who bought the site of Policolor paint plant in Bucharest last year, will also buy industrial platform Turbomecanica in the capital c...
VAT Cut To Lower Meat, Fruit And Vegetable Prices - Agriculture Minister
The decrease of the value added tax on meat, fruits and vegetables stipulated in the country's new Tax Code draft will reduce tax evasion and the effects of the Russian embargo, while the pr...
Colliers: Real Estate Market To Post Remarkable Growth On Office, Investment Segments In 2015
The Romanian real estate market will register remarkable increases on the office and investment segments, while the favorable context is expected to continue in the next two or three years,...
Romanian Leu Up Vs Euro, Exchange Rate At 4.4434
The Romanian leu gained ground versus the euro by midday Thursday and the Romanian central bank set the leu’s reference rate versus the euro at 4.4434 units, up 0.16% from 4.4503 the previou...
Romania To Lower Excise Duties, VAT Before Yearend - Finance Minister
Excise duties and the value added tax will be lowered before the end of the year, and not in 2016, as established in the country’s new Tax Code Draft, to stimulate consumption in November an...
Rompetrol Rafinare, KMG Companies Borrow $390M From Four Banks
Rompetrol Rafinare (RRC.RO), Rompetrol Downstream, KazMunayGas Trading AG and KMG Rompetrol, units of oil group KMG International, plan to contract a $390 million loan from lenders BCR, UniC...
Enel Temporarily Suspends Sale Of Romanian Assets
Italy’s utility Enel has temporarily suspended the sale of its Romanian assets, as it already managed to reduce its debts following the successful completion of several transactions included...
Bucharest Stocks Close Higher, Fondul Proprietatea, OMV Petrom Up 2%
The Bucharest stock market closed up Wednesday, amid traded value worth RON54.05 million (EUR12.14 million), with investors focusing on Romgaz (SNG.RO), OMV Petrom (SNP.RO), and Fondul Propr...
Tax Code Draft: Government To Scrap Tax On Special Constructions As Of 2016
Romania's government plans to scrap tax on special constructions as of 2016, in order to encourage investments in the private sector and to boost Romanian companies’ competitiveness, accordi...
Romania To Lower Excise Duties On Fuel And Alcohol As Of 2016 - Tax Code Draft
Romania's government plans to lower excise duties on fuel and alcohol as of 2016, while crude oil locally produced, coffee, jewels, furs and cars will be removed from the category of product...
Tax Code Draft: Government To Allow Local Authorities To Raise Taxes By Up To 50%
The Romanian government will allow local authorities to raise taxes directly, by up to 50%, every three years, based on inflation rate, according to the new Tax Code Draft.
Coca-Cola Sales In Romania Down 6% In 2014
Coca-Cola sales volumes in Romania fell 6% to 139.2 million unit cases in 2014, from 148.5 million unit cases a year earlier, on the backdrop of a highly competitive environment and a declin...