Companies
Competition Council: Cement Market Is Least Competitive In The Economy
The Romanian cement market, shared by three major players, French Lafarge, German HeidelbergCement and Swiss Holcim, is the least competitive economic sector, according to a Competition Coun...
Orange Launches App Store, New TV, Cloud And Smart Home Services In Romania Next Year
Orange, the leading mobile telephony provider in Romania, will launch an app store in the first quarter of 2014, which will enable customers to buy software for smartphones and tablets and p...
Continental Engineers In Romania Assemble Parts Of The Car That Will Drive Itself
The Romanian engineering teams of German group Continental are involved in the project of the autonomous car, “the car of the future” that will drive itself, first only on the highway and th...
Romania Registered Highest VAT Gap In EU In 2000-2011, Of 42%
Romania registered the highest VAT gap in the European Union, of 42%, in the 2000-2011 interval, while the average VAT gap in EU was 17%, according to PwC.
Romania To Change VAT Collection System To Satisfy EU Requirements
The application of a system whereby Romanian firms must pay value added tax upon cashing in invoices will become optional and the government will eliminate regulations obliging firms to pay...
Howard Johnson Hotel In Bucharest Might Be Rebranded To Sheraton
Hotel chain Starwood is in negotiations to enter Romania next year by rebranding the Howard Johnson hotel in Bucharest to Sheraton, people familiar with the matter told Mediafax Thursday.
Cosmote Posts Revenues Of EUR116M And Pre-Tax Profit Of EUR33M In 3Q
Mobile operator Cosmote Romania had revenues of EUR116 million in the third quarter of 2013, slightly down from the same period last year, and it’s EBITDA declined 3.5%, to EUR33 million, du...
Romtelecom 3Q Revenues Fall Slightly To EUR152.6M
The revenues of Romanian telecom operator Romtelecom fell 0.6% on the year to EUR152.6 million in the third quarter of 2013, Greek group OTE, owner of Romtelecom, Cosmote and Germanos, said...
Romanian Retail Sector Development Hampered By Macroeconomic Situation - Survey
The development of the Romanian retail sector has been cramped by the country’s macroeconomic situation, and household consumption declined in 2012 as the country’s gross domestic product in...