Companies
Siniat Romania To Start Construction On New Plasterboard Plant In 2013
Siniat Romania, a unit of Belgian industrial group Etex, plans to launch in March 2013 the construction of a new plasterboard factory and estimates production will kick off in early 2015.
EU Urges Romania To Amend Law On Excise Warehouses
The European Commission has requested Romania to amend its legislation concerning the authorization of excise warehouses, arguing that, under the current Romanian law, excise products coming...
IMF Warns Of Serious Risk For Romania Economy
An escalation of the eurozone debt crisis would pose serious risk to the Romanian economy, which could shrink by up to 5% if the threat materializes, the International Monetary Fund said in...
GDF Suez’s RON250M Bond Issue Subscribed In Full
Investors have fully subscribed the 250 million lei (EUR55 million) bond issue of natural gas distribution company GDF Suez Energy Romania, sources close to the transaction said. This means...
Number Of Employees In Construction Sector Up Over 8% In Past Year
The number of employees in the construction business went up by 27,000 people or more than 8%, from August 2011 through August 2012, because of the significant rebound of infrastructure proj...
A Quarter Of The 1,000 Leading Business People In Romania Are Expats
Almost a quarter of the 1,000 leading executives who run the largest companies and banks on the Romanian market are foreigners, but some of those who started their mandates in the past year...
Parliament Adopts Ordinance Making VAT Due On Invoice Payment Starting 2013
Romania’s Chamber of Deputies on Tuesday adopted a Government emergency ordinance making VAT due on invoice payment starting January 1, 2013.
Agriculture Minister: Half of Food In Hypermarkets Comes From Domestic Output
Half of the food products sold in Romanian hypermarkets come from domestic output and this share should further increase, Agriculture Minister Daniel Constantin told Mediafax Talks about Bre...
Romania Keeps 72nd Spot In World Bank’s Doing Business 2013 Report
Romania has kept its 72nd position among 185 countries in the World Bank’s Doing Business 2013 report, after falling seven places in last year’s report.