Translator RO-EN
Ioana Tudor
- Fields
- Social/Politics, Capital Market, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 3.881
Government Allows Posta Romana To Reschedule Debts To State Institutions
Romanian state-owned postal company Posta Romana was allowed to rethink the payment of debts to state institutions to avoid entering insolvency, according to a decision approved by the Gover...
Romania Drops Plan To Tax Each Profitable Market Transaction, Applies Yearly Profit Tax
The Romanian Government renounced its plan to tax each profitable capital market transaction, highly criticized by the market players, and decided to introduce a yearly tax on profitable tra...
French Group GSE To Build Plexus’ $40M Plant In NW Romania
French group GSE will build U.S. electronic components maker Plexus’ plant in Oradea, northwestern Romania, and construction works will start in May.
TAP Portugal To Operate Bucharest-Lisbon Direct Flights Starting July 1
Portuguese national airline TAP Portugal will operate direct flights on the Bucharest-Lisbon route starting July 1, and estimates it will carry some 14,500 passengers this year, of whom over...
Flanco Opens New Store Thursday, Sees Unit’s Sales At RON21M In First Year
Romanian electronics retailer Flanco will open a new store Thursday in shopping center Palas Iasi (eastern Romania) and estimates sales of over 21 million lei (EUR4.7 million) in the unit’s...
Omniasig Eyes Underwritten Premiums Of RON1.2B In 2012
Romanian insurer Omniasig (former BCR Asigurari) estimates it will underwrite insurance premiums of 1.2 billion lei (EUR269 million) in 2012, a volume similar to that in 2011, the company's...
Romania Might Exempt “First Home” Owners From Paying Property Taxes For Ten Years
Romania’s Senate on Tuesday adopted tacitly a bill exempting owners of homes bought through the “First Home” program from paying property taxes for a period of ten years.
Profi To Open Two Stores Wednesday, Bring Network To 120 Units
Romanian retailer Profi, held by investment fund Enterprise Investors, said Tuesday it will open two more stores Wednesday, in Cluj-Napoca and Timisoara, extending its local network to 120 u...
AmCham: Romanian Current Clawback Mechanism Sends Negative Message To Investors
The American Chamber of Commerce in Romania, or AmCham, called on the Government Tuesday to revise the clawback tax, adding that failing to rethink the system will irreversibly affect the tr...
Romania To Set Property Tax Considering Property Use, Not Category Of Contributors
Romania’s Government will change the formula used to compute property taxes and will consider the property use, not the category of taxpayer, according to its latest letter of intent to the...
Romania To Decide On Clawback Tax After Impact Study Due By June 15
Romanian Health Minister Vasile Cepoi said Tuesday a decision regarding the clawback tax will be taken following an impact study to be completed by June 15.
Romanian Postmaster Expects 10% Higher Turnover In 2012, Of EUR11M
Romanian postal services operator Postmaster estimates its turnover will reach EUR11 million in 2012, up over 10% on the year, Postmaster representative Mihai Preotescu told a news conferenc...