Translator
Radu Bostan
Reporter
- Fields
- Social/Politics, Automotive, Banks-Insurance
- Writing for ZF since
- 2011
- Articles
- 2.182
Marfin Bank Romania Posts Net Profit Of EUR1.1M In 1Q
Cypriot lender Marfin Bank posted net profit of EUR1.1 million in Romania in the first quarter, up from EUR60,000 in the first three months of last year.
Romania Might Tax Public Sector Wages Above EUR1000 By Extra 16%
Romania's Government is considering taxing public sector wages by an extra 16% for amounts in excess of 4,500 lei (EUR1000) per month, Prime Minister Victor Ponta said Tuesday.
Self-Employed Romanians Earning Less Than EUR65,000 Per Year To Be Exempt From VAT Payments
Romania's Government will approve Wednesday an ordinance whereby self-employed people with income below EUR65,000 per year will be exempt from paying VAT, a decision that will affect artists...
Government To Amend Finance Law Again, As Local Arrears Keep Growing
Romania's Government has completely missed the target for the reduction of local authority arrears in the first quarter, and the debts have even grown, indicating serious failures in the mon...
Five Of Romania's Top 40 Shopping Centers Make Up 40% Of Total Turnover
Five of the 40 most important shopping centers in Romania account for almost 40% of total turnover, but together only make up 21% of the country's gross lettable area, according to a study b...
CEZ: Investors In Renewable Energy Face Many Obstacles In Romania
Investments in renewable energies are founded on the need to ensure durable development, given that current sources are exhaustible, but the players in this field face a series of obstacles,...
Record-High Profit At Romgaz: Romania's Largest Natural Gas Producer Reaches Net Result Of RON1B
Romgaz Medias, Romania’s largest gas producer and the most profitable state-run company, last year reached a net profit of over 1 billion lei (around EUR0.22 billion), 35% more than the prel...
CEOs To Politicians: Lack Of Order And Of Competence In Administration Are Undermining Business
The lack of order in the administration and the lack of competence of decision makers, fiscal shocks and uncertainty over business-oriented legislation are stifling business more than the in...
Fondul Proprietatea Holders Annoyed By Lawsuits Delaying Payment Of RON531M In Dividends
Several shareholders led by UK’s City of London are showing support for Franklin Templeton because they fear the payment of the 531 million lei (EUR119 million) in dividends from last year’s...
Listed Companies To Pay RON2.68B In Dividends In June
OMV Petrom (SNP.RO), the largest company in Romania, and five other major listed companies will pay RON2.68 billion (EUR600 million) in gross dividends in June, according to available report...
CFR To Get State Loan For Paying Debts To Energy Suppliers
Romania's Government will give national railway administrator CFR a loan to pay its arrears to the private energy suppliers and will issue an ordinance whereby CFR will pay only the principa...
Government Has Serious Concerns About Appointments To CE Oltenia Board
Romania's Government has acknowledged to the IMF that it is behind on restructuring the state-owned companies and selecting private management, with CE Oltenia being the only company with a...