Companies
ANRE: Lower Electricity Prices Makes Deregulation Easier
Romanian energy watchdog ANRE Thursday said that price deregulation in the sector is going more smoothly than expected as a decline in electricity production triggered lower prices in the ma...
New Energy Strategy Must Serve Interests Of Private Sector, Households - Official
Romania’s future national energy strategy must serve the interests of the private sector and household consumers, rather than those of the state, Gabriel Dumitrascu, head of the Energy Depar...
Romanian Trading Companies Must Comply With New EU Customs Norms Starting Nov 1
Romanian companies involved in international trade must comply with the new Community customs norms to take effect on November 1, KPMG said in a press release Thursday.
Lidl Opens New Store In Cluj-Napoca Thursday
German retailer Lidl will open a new store in Cluj-Napoca Thursday, its fifth in the city and 163rd in Romania, the company said Wednesday.
Sucu, Mobexpert: We Need To Shift From ‘Made In Romania’ To ‘Created In Romania’
Dan Sucu, chairman of Mobexpert furniture group, says the furniture industry needs to shift from the idea of ‘made in Romania’ to ‘created in Romania’ i.e. from mass production to custom mad...
Largest Romanian Bread Producer Is Looking To Grow Through Exports
The largest Romanian-held bakery group, Boromir Ramnicu-Valcea, is looking at Russia as a target market for its pastry products.
AFI Europe Expands Cotroceni Mall To Accommodate H&M
Israeli company AFI Europe, owner of AFI Palace Cotroceni mall in Bucharest, is building a 800 square-meter extension of the H&M store. In the extension the retailer will sell both clothes a...
Romania Plans To Lower Revenue Cap For Micro-Enterprises Exempt From Profit Tax
The Romanian government plans to lower the revenue cap on micro-enterprises from EUR65,000 to around EUR50,000 to get more firms into the tier of businesses that pay taxes on profit, accordi...
Trade Registry: 658 Romanian Firms Went Insolvent In August, Lowest Level In 2013
About 658 Romanian firms defaulted on their debts in August, the lowest level registered in 2013, and the number of insolvencies reached some 10,313 in the first eight months, down about 7%...