Companies
David & Baias, PwC's Affiliate Law Firm, Names New Partner
D&B David și Baias, the correspondent law firm of consultancy and audit company PwC Romania, has promoted Manuela Guia as partner.
Government Rethinks Car Tax, Proposes New Calculation Formula
Romania’s Government proposes a new formula to compute the car pollution tax, which increases by about 10% the sum to be paid for Euro 4 and Euro 3 cars, and lowers by 60% to 90% the tax to...
Traffic On Bucharest Airports Up 1.3% In 2012, To 7.54 Million Passengers
Romania’s National Bucharest Airport Company, which operates Bucharest’s Henri Coanda and Baneasa international airports, registered a total traffic of 7.54 million passengers in 2012, up 1....
Arcon Sales Up 15% In 2012 To Over EUR31M
Romanian waterproofing and thermal insulation systems producer Arcon said Wednesday its turnover increased 15% on the year to EUR31.5 million in 2012, supported by all categories of products...
Major Banks Preparing For Mobile Phone Payments
Several major banks are preparing to introduce “contactless” mobile phone payments to merchants in their standard offer this year after having already conducted pilot projects on using this...
Belladonna Eyes 100 Pharmacies And EUR80M Revenue In 2013
Belladonna retail pharmacy network, held by two Romanian entrepreneurs, set out to open further 17 units in Bucharest in 2013, to a total of 100 pharmacies.
Seeds Producer Caussade Doubles Sales To EUR33M, Expects Slower Growth
The decline of agricultural output last year made all players in the sector be more cautious, considering that the drought also affected connected sectors such as the seeds, fertilizers and...
Government Approves Amendments To Tax Code, Minimum Wage Increase
Romania’s Government approved in a special meeting Tuesday a set of measures introducing new taxes targeting companies and farmers, the increase of the gross minimum wage and the inflation i...
GDF Suez: Romania’s Planned Tax On Natural Monopolies Should Be Passed To Consumers
Romania’s planned tax on natural monopolies will reduce the financing capacity of companies and hinder new investments, GDF Suez Energy Romania said Tuesday.