Companies
Romania Asks EU To Grant Subsidy For 12 Mln Ha Agricultural Land
Romania asks the European Commission to grant financial support for an area of 12 million hectares, compared with 7 million hectares as settled upon the European Union’s accession, minister...
Romania Wants To Eliminate Deadline For Selecting Winning Bidders In Public Auctions
Romanian contracting authorities will no longer be required to select winners of public auctions in 20 days after offers are opened, according to a draft law on public procurement.
Romania Could Award Tax Cheat Whistleblowers
Turning in a neighbor to the fiscal authorities for suspected tax evasion might become a profitable business with the introduction of the “informant” system that awards quality reports of ta...
Deputy FinMin: Romania May Hike Taxes On Multiple Homes, Apply Taxes On Swimming Pools
The Romanian Finance Ministry plans to increase taxes paid by owners of two or more buildings and limit exceptions regarding taxes on property, income and profit, secretary of state Liviu Vo...
Businessman Vintu, Ex Union Leader Liviu Luca, Indicted For Embezzling Petromservice
Romanian businessman Sorin Ovidiu Vintu, former union leader Liviu Luca, Octavian Țurcan, and former Petromservice managers Gheorghe Supeala and Zizi Anagnostopol have been indicted for mone...
Romania To Pay VAT Refunds Worth RON1.06B In September
Romanian tax authority ANAF will pay value added tax refunds worth 1.06 billion lei (EUR236.1 million) in September, of which RON54.6 million represents compensations.
Masterplast Romania Invests EUR1.6M In Polystyrene Plates Factory
Masterplast Romania, held by Hungary’s Masterplast group, Wednesday said it invested EUR1.6 million in a polystyrene plates factory in the central town of Sfantu-Gheorghe.
Oltchim’s Sale Draws Interest From 13 Investors
The upcoming privatization of Romanian state-run chemical company Oltchim Ramnicu-Valcea (OLT.RO) has drawn interest from 13 companies so far, most of them foreign, the Economy Ministry said...
BCR: Romania May Lose EUR800M Due To Poor Crop In 2012
Romania may lose EUR800 million due to the poor crop registered in 2012, while half of this loss could have been prevented should farmers have proper irrigation systems to fight bad weather,...