Companies
EXCLUSIVE: Local Authorities May Raise Property Taxes For Individuals At Will
Romania and the International Monetary Fund agreed to give local authorities a free hand to increase taxes on property paid by individuals as much as they feel necessary.
EXCLUSIVE: Romania To Restructure CFR Marfa “Aggressively”
Romania’s government and the International Monetary Fund have decided state-run freight railway operator CFR Marfa will be reorganized “aggressively” by cutting staff costs, scrapping old ra...
EXCLUSIVE: Romania To Lease Or Close Some 1,600 Km Of Railway Lines In 2013, 2014
Romania’s government will decide by the end of the year whether it will lease or close 1,600 kilometers of railway lines in 2013 and 2014, aiming to save some 70 million lei (EUR15.7 million...
ANOFM: Romania October Unemployment Rate Rises To 5.4%
Romania's unemployment rate rose to 5.4% in October, from 4.73% a month earlier, the country’s employment agency ANOFM said Thursday.
EXCLUSIVE: Romania Won’t Cut Social Security Tax Rates Without Widening Taxable Income First
Romania’s government has pledged to lower social security contribution rates in the second half of 2014 without bearing down on the state budget, and widen taxable income, according to the c...
Alro Swings To Loss In Jan-Sept On Lower Aluminum Prices
Romanian Alro Slatina (ALR.RO), the largest aluminum smelter in southeast Europe, Thursday said it swung to loss after the first nine months, following a decrease in international metal pric...
Electrica Furnizare Sells EUR540M Worth Of Power In H1
State-owned power supply and distribution company Electrica Furnizare, posted 2.4 billion lei (EUR540 million) revenue in the first half of 2013, up 11.5% on the year-ago period, according t...
Number of Temps In Romania Doubled To 52,000 Over Past Two Years - Survey
The number of temporary workers has doubled in Romania over the past two years to some 52,000 people, according to a survey conducted by the Romanian Association of Temporary Work Agencies,...
Over 10% Of Romanians Willing To Start Business In Near Future - Survey
One in five Romanians believes the current economic context is favorable to starting a business and over 10% of respondents plan to start their own business in the upcoming year, according t...