Companies
H&M Romania Opens Its First Store Outside A Shopping Center, In Downtown Bucharest
Swedish fashion retailer H&M opens Thursday its first store in Romania outside of a shopping center, on Lipscani street, in downtown Bucharest, reaching 28 stores countrywide.
EXCLUSIVE: Romania Lowers Revenue Cap For Micro-Enterprises Exempt From Profit Tax As of 2014
The Romanian government will lower the revenue cap on micro-enterprises from EUR65,000 to around EUR50,000 (RON220,000) to get more firms into the tier of businesses that pay taxes on profit...
Athenee Palace Hilton Hotel In Bucharest Has New Manager
Five-star hotel Athenee Palace Hilton, held by Romanian businessman George Copos, has a new general manager - Jan Thomsen - with more than 27 years’ experience in the hotel industry.
Money Attracted By Romgaz IPO Drive Stock Market Up 4% In Five Days
The Bucharest stock market has risen by 4% in the last five trading sessions, generating yields as high as the annual interests major banks pay on deposits.
OTE And Romanian Government Don’t See Eye On Romtelecom Profit Use
Greek OTE group and the representatives of Romania’s Ministry of Communications and Information Society at the end of August discussed about the use of the EU70 million net profit Romtelecom...
Some 60% Of Romanians Would Quit Full-Time Job To Work From Home As Freelancers- Survey
Some 60% of Romanians would quit their full-time job to work from home as freelancers and 27% of them are already engaged in freelance projects on the side of a full-time job, according to a...
Lafarge’s Cement Sales In Romania Down 15% On Year In January-September
French group Lafarge’s cement sales in Romania declined around 15% in January-September, on the backdrop of lower investments in infrastructure and fierce competition on the construction mar...
Romania’s New Insolvency Code Solves None Of Current Legislative Flaws - Investors
The main flaws in Romania’s current legislation on insolvency concern the duration of proceedings, a low debt recovery rate and high costs, which the newly adopted regulations on insolvency...
Nita: Modernization Of CE Hunedoara Coal Mines Seen At EUR70M
Costs to upgrade the coal mines owned by Romanian state-run power producer Complexul Energetic Hunedoara are estimated at EUR70 million and works should the finished in at most two years, Mi...