Companies
Romania Made Nearly EUR100M From Selling Green Certificates In 2013
Romania made nearly EUR100 million from selling some 21.5 million green certificates since January, Environment Minister Rovana Plumb said Wednesday.
Romania May Widen Taxable Income; Set New Formula To Compute Excise Duties
Romania’s Government is considering widening taxable income to fill in the revenue-expenses gap in the budget for 2014 and wants to set a new formula to compute excise duties, Minister-deleg...
ZF Conference: Tax Evasion A Form Of Unfair Competition. Improve Collection, Don’t Hike Taxes!
The problem of tax evasion is systemic and has been perpetuated over time, affecting budget revenue collection. It has also affected honest companies, which have to compete against many play...
Siveco’s Management To Buy Back Shares From Enterprise Investors And Intel Capital
The manager of software developer Siveco is in final negotiations to buy back the 32.5% stake held by investment funds Enterprise Investors and Intel Capital, say market sources.
Kingfisher Begins Bricostore Rebranding In 2014
The Bricostore logo, a white sun against a red background smiling at Romanian consumers since 2002, will remain in place until the end of the year, as UK’s Kingfisher will start rebranding t...
Avon Estimates It Will Host 5000 Stores On Its Online Platform By 2014
Cosmetics company Avon estimates it will host 5,000 online stores by the end of the year on its newly launched online delivery platform where its sales representatives can set up their own o...
Court Finds Parts Of Insolvency Code Unconstitutional
Some of the provisions of the government emergency decree regulating insolvency procedures are unconstitutional, Romania’s Constitutional Court ruled Tuesday.
Mega Image Reaches 260 Stores In Romania
Mega Image, part of Belgian group Delhaize, will open a new Shop&Go store in Bucharest Wednesday, reaching a total of 260 stores in Romania, the retailer said Tuesday.
Romsilva Reports Higher-Than-Expected Turnover In First 9 Months, Of RON1.15B
Romania’s national forest administrator Romsilva registered turnover of 1.15 billion lei (EUR0.25 billion) in January-September 2013, up 30% from initial estimates, and four-fold higher pret...