Translator RO-EN
Ioana Tudor
- Fields
- Social/Politics, Capital Market, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 3.881
Sarantis Romania Sales Up 3.8% On Year To EUR16.4M In 1H
Greek group Sarantis, owner of cosmetics producer Elmiplant, said Wednesday it registered sales of EUR16.4 million in Romania in the first half of 2013, up 3.8% on the year.
Rompetrol Expands Its Gas Station Network In Bulgaria, Moldova
Romania’s second largest oil group Rompetrol, controlled by Kazakh state-owned company KazMunayGas, opened 12 more gas stations in the Republic of Moldova and Bulgaria this year, expanding i...
Government Raises Funds For 2013 First Home Program By RON1B
Romania will increase funding for the state-guaranteed First Home mortgage lending program by 1 billion lei (EUR227 million), of which RON300 million will be available for the acquisition of...
Government Approves Lowering VAT On Bread To 9%
Romania’s government approved Tuesday lowering the value added tax on bread from 24% to 9% starting September 1.
Government OKs This Year’s First Budget Revision
Romania’s government on Tuesday approved this year’s first budget revision, which states a budget deficit of 2.3% of the gross domestic product in 2013.
PwC: Lowering VAT On Bread To Reduce Tax Evasion If Complemented By Other Measures
Lowering the value added tax on bread from 24% from 9% is an important step in reducing tax evasion in the bread industry and the measure should also be applied to meat, milk, sugar and vege...
Romania’s Antitrust Body Approves Takeover Of Real Hypermarkets By Auchan
Romania’s antitrust authority has approved the takeover of 20 Real hypermarkets by French retailer Auchan, which expanded its local network to 31 units.
Bucharest Bourse Ends Higher; Eyes On Blue-Chip Stocks
The Bucharest stock exchange closed slightly up Tuesday and investors were mainly interested in blue-chip stocks.
Provident Financial Romania Granted Loans Worth About EUR55M In 1H
Consumer lender Provident Financial Romania, part of British group International Personal Finance (IPF), said Tuesday it granted loans worth EUR54.9 million in the first half of 2013, up 12%...
Higher Excise Rates On Alcohol To Increase Alcoholic Drink Prices By Up To 40% - Association
Raising excise duties on alcohol will increase alcoholic drink prices by 25% to 40% and tax evasion will skyrocket to 90% from about 70% currently, according to Romulus Dascalu, president of...
Tarom To Introduce Direct Flights To Prague Starting October 27
Romanian state-owned airline Tarom will introduce direct flights over the Bucharest-Prague route starting October 27.
Gothaer Asigurari Underwrote Premiums Of About RON28M In 1H
Romanian insurer Gothaer Asigurari (former Platinum) said Tuesday it underwrote premiums of 27.9 million lei (EUR6.3 million) in the first half of 2013, up 92% on the year.