Companies
Dedeman Buys 3.2 Ha Land In Eastern Romania From GTC
Romanian do-it-yourself retailer Dedeman bought a 3.2-hectare plot of land in the eastern town of Galati from real estate developer GTC, which had planned to use it to build a shopping mall.
Visa Card Transactions Up 23.6% In Romania In 2012
Users of Visa cards made 23.6% more transactions directly of the traders in Romania last year, accounting for 41% of all transactions, while the amount spent increased 23.5%, Visa Europe sai...
IMF Softens Government Optimism. Budget Now Based On "More Cautious" Growth
Romanian authorities’ enthusiasm regarding the economic growth has been tempered by discussions with the experts from the International Monetary Fund, the European Commission and the World B...
Cristina Popescu Leaves Romtelecom For Danone
Cristina Popescu, PR general manager at Romtelecom, one of the largest telecoms on the local market, has been recruited by Danone Romania, the leading dairy business in the country.
Elcomex Starts Goat Farm After Sale Of Wind Farm To Enel
Energy industry group Elcomex based in Constanta (SE Romania), owned by businessman Ion Grecu, will invest EUR30 million in an integrated agricultural business.
Complex Energetic Oltenia’s GM Named Private Manager
The general manager of Complexul Energetic Oltenia, Laurentiu Ciurel, was named Monday the company’s private manager, with a four-year mandate.
Teraplast Names New Board President
Romanian plastic systems maker Teraplast (TRP.RO) Monday said it named Gheorghe Grosan as president of the company’s Board of Directors, replacing Stefan Bucataru, who resigned from this pos...
Firms Compelled To Pay 3% Tax On Up To EUR65,000 Revenue
Romanian privately-owned companies with revenues of up to EUR65,000 will pay a 3% tax on revenue reported as of February 1, 2013, according to an ordinance draft amending the Fiscal Code.
Government Won’t Grant Loans, Non-Payable Funds To SMEs Employing Jobless People
Romanian small and medium-sized enterprises owners creating new job opportunities and hiring jobless people will not receive advantageous loans or non-payable funds from the social insurance...