Companies
This Year’s Biggest Office Project In Bucharest Set To Be Completed Next Month
Czech-held S Group has invested almost EUR60 million to raise an office building with a rentable area of almost 31,000 square meters close to Piata Chirigiu of Bucharest.
Finance Minister: Romania Might Keep Flat Tax For Businesses Only As Of 2015
Romania's 16% flat tax will remain unchanged this year but could be kept for businesses only starting 2015, while individuals would play differentiated income taxes, said Finance Minster Ioa...
Posta Romana Posts RON27.6M Loss In 2013
Romanian state-owned postal operator Posta Romana ended 2013 with an exploitation activity loss of RON27.62 million, more than nine times higher than estimated in its budget, which forecast...
Bara Family Of Alba Heads Toward EUR35M In Revenue From Spice Trade
Supremia Grup, a business held by the Bara family of Alba county, which supplies ingredients and spices to the local food industry, expects a 10% increase in revenue in 2014, after ending 20...
Hidroconstructia Taps Iraqi Market
Hidroconstructia, one of Romania’s biggest builders, is seeking contracts abroad and has submitted bids for the construction of a hydro-power station and an irrigation project in Kurdistan r...
Abbott Romania Seeks Partnerships With Romanian Drug Makers
Abbott Products Romania is interested in developing partnerships with domestic drug makers and talks are ongoing, said company general manager Adrian Grecu.
A Romanian Spends Just EUR6.5/ Month On Clothes And Shoes, Two Times Less Than A Hungarian
A Romanian spends EUR6.5 per month on clothes and footwear, almost two times less than a Hungarian and five times less than a Russian. Romania is as a matter of fact the country where the po...
Romania Still Has Room For At Least Another 1,200 Stores In Modern Retail
The average modern retail area per 1,000 inhabitants stands at just 84 square meters in Romania, five times smaller than in Germany and over threefold smaller than in the Czech Republic or P...
Romanian Insurance Market Unchanged In 2013, At RON8.29B
The Romanian insurance market reached RON8.29 billion in 2013, just 0.4% higher than in 2012, and the sector's contribution to the gross domestic product dropped to 1.31% from 1.4% in 2012,...