Companies
Austrian-Held Company Is Romania’s Biggest Exporter Of Convenience Meat Products
Convenience Prod, a company held by Austrian group Gierlinger Holding, is the largest exporter of convenience meat products in Romania, export data for January-October 2013 provided by the N...
MasterCard: Inter-Bank Fee Cut Might Increase Costs For Card Users
The cut in the inter-bank fees for card transactions might trigger higher costs for card users and lower investments in the development of payment infrastructure, MasterCard representatives...
Cargill To Sell Off Land And Buildings Of Former Oil Factory In Romania
Cargill Oils, part of U.S. Cargill group, will put up for sale the land and constructions that housed its vegetable oil factory in Podari, in the southern Romanian county of Dolj.
EXCLUSIVE: Companies Understating Revenues To Pay 10-25% Penalties
Companies that understate their revenues to the tax authority will be forced to pay penalties of 10% to 25% of the unstated difference, according to a plan part of a set of measures fighting...
OMV Petrom, Exxon, Sterling Resources Complete Transfer of Midia Block Portion
OMV Petrom (SNP.RO) and ExxonMobil became the titleholders for the deep water portion of the XV Midia Block, after the Romanian government approved the transfer of hydrocarbon exploration an...
Danish Investor Erik Jantzen Traded EUR80M Worth Of Farmland In Romania
Danish investor Erik Jantzen, owner and chief executive officer of farmland trader Jantzen Development, which also operates in Slovakia and is little known to the general public in Romania,...
Blocked Roads And Railways Cost Romania Hundreds Of Millions Of Euros A Day
Back in the communist regime days until 1989, if traffic stopped, heads would roll starting from station masters, says George Buruiana, chairman of the Railway Freight Carriers of Romania As...
Eurobank Property Services: Residential Prices Up 2.3% In 4Q 2013
Housing prices in Romania increased 2.3% on the year in the last quarter of 2013 but remained largely unchanged for the entire year 2013 compared to 2012, according to Eurobank Property Serv...
Lobby Law Perfectible, Talks To Be Resumed - Conference
Chamber of Deputies speaker Valeriu Zgonea said Tuesday during the "Mediafax Talks about Lobby" conference, that the lobby law is perfectible and the Legal Committee would resume talks, invi...