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Dacia Appoints New Managers For Romanian Vehicle And Chassis Production Units
Automotive

Dacia Appoints New Managers For Romanian Vehicle And Chassis Production Units

The vehicles and chassis production units, the two largest on Romanian carmaker Dacia’s industrial platform in Romania, have new managers starting October, the company said in a statement Th...

Oana Gavrila · 03.10.2013 · 11:52 · 1 min
Romania Had 5.1 Million Employees And 5.6 Million Work Contracts In September
Social/Politics

Romania Had 5.1 Million Employees And 5.6 Million Work Contracts In September

Romania registered 5,131,022 employees at the end of September 2013 and over 5.6 million ongoing individual work contracts, labor inspection authorities said Thursday.

Oana Gavrila · 03.10.2013 · 11:50 · 1 min
EU To Complete Antitrust Probe On Hidroelectrica’s Contracts With Alro And Mittal This Year
Energy

EU To Complete Antitrust Probe On Hidroelectrica’s Contracts With Alro And Mittal This Year

The European Commission will complete this year its investigation regarding the contracts between hydropower producer Hidroelectrica and two of its largest clients, Alro Slatina and ArcelorM...

Oana Gavrila · 03.10.2013 · 11:37 · 1 min
SMEs Minister Says Lump-Sum Tax Is Not Overtaxation
Companies

SMEs Minister Says Lump-Sum Tax Is Not Overtaxation

The lump-sum tax introduced in the hospitality and auto services industries is not overtaxation and companies in other sectors, such as law firms and dental practices, have requested to be i...

Oana Gavrila · 03.10.2013 · 10:52 · 1 min
Antibiotice And Biofarm, Among Most Profitable Stock Investments
Capital Market

Antibiotice And Biofarm, Among Most Profitable Stock Investments

The shares of drug producers Antibiotice Iasi (ATB.RO) and Biofarm Bucuresti (BIO.RO) generated over 50% profits in the past year, including the dividends paid to shareholders, which makes t...

Oana Gavrila · 03.10.2013 · 08:39 · 2 min
Andriescu, UNSICAR: Insurance Brokers Want To Sell Bank Loans
Banks-Insurance

Andriescu, UNSICAR: Insurance Brokers Want To Sell Bank Loans

Insurance brokers want to be able to sell other financial products, such as bank loans, in addition to insurance. A proposal to this effect is set to be finalized and to be sent to the Finan...

Oana Gavrila · 03.10.2013 · 08:37 · 2 min
Fuel Demand Down 10%, Price Up 60% In Romania in 2008-2012
Energy

Fuel Demand Down 10%, Price Up 60% In Romania in 2008-2012

Romania has lost about 10% of its fuel demand in five years of crisis (2008-2012), one of the most serious declines in Europe out of nine members countries analyzed by ZF based on Euromonito...

Tudor Ioana Raluca · 03.10.2013 · 00:00 · 1 min
Government Approves New Insolvency Code Through Emergency Decree
Social/Politics

Government Approves New Insolvency Code Through Emergency Decree

Romania’s Government said Wednesday it has approved a new Insolvency Code.

Ioana Tudor · 02.10.2013 · 19:21 · 1 min
Intersport Opens its 23rd Romanian Store In AFI Palace Ploiesti
Retail&Consumer

Intersport Opens its 23rd Romanian Store In AFI Palace Ploiesti

Sporting goods retailer Intersport is opening a new store Thursday in the AFI Palace shopping mall in Ploiesti, its second in the city and 23rd in the country.

Oana Gavrila · 02.10.2013 · 12:48 · 1 min