Companies
Where Are Most Profitable Romanian Companies Based?
Most profitable companies in Bucharest made almost 50% more together than all the other top performers outside the capital city, according to Ziarul Financiar’s calculations based on the Tra...
Queues Expected At Tax Authorities By October 25
Companies that will enforce the system of collecting VAT upon invoice payment as of 2013 have to submit to the fiscal authorities by Thursday, October 25, a notification proving that their t...
Businessman Ioannis Papalekas To Invest In Office Building On Porsche Showroom Site
Greek businessman Ioannis Papalekas, who also bought bankrupt City Mall and insolvent Tower Center in Bucharest this year, has made a new acquisition, namely the site of Porsche Aviatiei sho...
Medsana Expects Growth In 2013 After Stagnation In 2012
Private medical service operator Medsana posted about 16 million lei (EUR3.5 million) revenue in the first nine months of the year, the same as in the year-ago period.
Government Cuts Budgets Of Several Ministries, Including Culture And Labor
Romania’s Government will cut the budgets of several ministries, as well as of the Senate, the High Council of Magistrates, the High Court of Justice and the public television and radio.
Strabag Expects Turnover Of EUR350M In 2012
Austrian group Strabag, which is building Deva-Orastie and Orastie-Sibiu highways in Romania, as well as office building Sky Tower in Bucharest, estimates a turnover of around EUR350 million...
Perla Majestic Group Expects 8% Higher Revenue From In 2012
Lebanese-born businessman Mohammad Murad, the chairman of the Perla Majestic tourism group, says he expects his hotels to generate EUR20 million this year, up 8% on 2011.
GDF Suez Bonds: A Benchmark For Companies’ Current Funding Costs
The bond issue launched by natural gas distributor GDF Suez Energy Romania provides the first official indications as to the costs of leu-denominated financing for companies.
Indesit Puts Another Italian In Charge Of Romanian Business
Home appliances manufacturer Indesit has appointed Michele Casamassima to run its Romanian operations and replace Giuseppe Parma, whose term ended.