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KPMG Revenues In Romania, Moldova Up 4% To EUR36.5M In Fiscal Year 2012-2013
Banks-Insurance

KPMG Revenues In Romania, Moldova Up 4% To EUR36.5M In Fiscal Year 2012-2013

Audit and consulting company KPMG registered revenues of EUR36.5 million in Romania and the Republic of Moldova in the fiscal year ended September 30, 2013, up 4% on the year.

Ioana Tudor · 11.11.2013 · 14:35 · 1 min
Romanians Among Most Dissatisfied With Taxes, Politicians In SEE - Survey
Social/Politics

Romanians Among Most Dissatisfied With Taxes, Politicians In SEE - Survey

Romanians are among the most dissatisfied Southeastern European citizens with their country’s tax system and politicians, according to a survey conducted by market research company Daedalus.

Ioana Tudor · 11.11.2013 · 13:55 · 1 min
Asmita Judicial Administrator Sold Apartments For EUR10.2M In Two Years
Real Estate

Asmita Judicial Administrator Sold Apartments For EUR10.2M In Two Years

The judicial administrator of residential compound Asmita Gardens said Monday it sold 113 apartments for a total EUR10.2 million in two years.

Oana Gavrila · 11.11.2013 · 11:49 · 1 min
INS: Romania's Trade Deficit Narrows To EUR4.2B In First 9 Months
Macroeconomics

INS: Romania's Trade Deficit Narrows To EUR4.2B In First 9 Months

Romania’s trade deficit shrank 42.4% to EUR4.16 billion in the first nine months of 2013, as imports declined while exports increased, official data showed Monday.

Bogdan Neagu · 11.11.2013 · 10:00 · 1 min
AmCham: Romania’s New Fiscal Measures To Further Increase Tax Burden
Macroeconomics

AmCham: Romania’s New Fiscal Measures To Further Increase Tax Burden

The Romanian Government’s planned fiscal measures will increase the burden on taxpayers to a level that is unprecedented in the past 20 years and will negatively affect investments and the c...

Ecaterina Craciun · 08.11.2013 · 16:11 · 2 min
Allianz Underwrote EUR136M On General Insurance In Romania In January-September
Banks-Insurance

Allianz Underwrote EUR136M On General Insurance In Romania In January-September

German insurance group Allianz underwrote general insurance premiums of EUR136 million in Romania in January-September, up 0.7% on the year, and doubled its operating profit to EUR4 million.

Oana Gavrila · 08.11.2013 · 11:51 · 1 min
INS: Adjusted Industrial Output Rises 2.4% In September
Macroeconomics

INS: Adjusted Industrial Output Rises 2.4% In September

Romanian adjusted industrial production rose 2.4% in September compared with a month earlier, on higher output in most sectors, the country’s statistics institute INS said Friday.

Florentina Dragu · 08.11.2013 · 10:00 · 1 min
Construction Works Decline In September - Statistics
Macroeconomics

Construction Works Decline In September - Statistics

Romanian construction works fell 6.9% in September from a month earlier, due to declining activity in all sectors, the statistics institute INS said Friday.

Florentina Dragu · 08.11.2013 · 10:00 · 1 min
Terapia Ranbaxy Invests EUR6.6 Million In R&D Center
Health

Terapia Ranbaxy Invests EUR6.6 Million In R&D Center

Terapia Ranbaxy, the largest generic drug producer in Romania, will invest 29.2 million lei (almost EUR6.6 million) in a research and development center in Cluj-Napoca (NW Romania) to make n...

Oana Gavrila · 08.11.2013 · 08:34 · 1 min