Companies
Romanian Employers Granted Fewer Meal Vouchers To Employees In First Half
Large and small companies in Romania granted 1.2% fewer meal vouchers to their employees in the first six months of 2012, compared with the same period in 2011, according to the study "The e...
Grain Exports Through Constanta Port Double In Full Drought: 3.6M Tons In Seven Months
Exports of wheat, corn and barley made through the port of Constanta, the leading hub through which Romania sends grains abroad, reached 3.6 million tons after the first seven months of the...
Government Postpones Application Of Electronic Invoice For 2013
Romania's Government has postponed the application of rules on the electronic registration of commercial operations, as per a law adopted in July, until January 1, 2013.
Government Expects Making VAT Due On Invoice Payment To Boost GDP By 0.5%
Romania's Government estimates that making VAT due on invoice payment starting January 1, 2013 will increase the GDP by about 0.5%, as well as improve employment and the public's income.
Romania Will Amend Corporate Governance Law To Speed Up Appointment Of Private Managers
Romania’s Government wants to amend the corporate governance law so professional managers at state-owned companies will be appointed within at most nine months, as well as set a list of thre...
Romania To Appoint Private Managers At Key State-Owned Companies By Yearend
Romania’s Government and the International Monetary Fund have set new deadlines to appoint private managers at multiple state-owned companies, such as gas producer Romgaz, natural gas transp...
ANAF To Consolidate 221 Tax Offices To 8 Regional Directorates, 47 Local Tax Offices
Romania’s tax authority ANAF will be reorganized in the next three years and its current 221 tax offices will be consolidated to eight regional directorates and 47 local tax offices, accordi...
Hidroelectrica Administrator: Bad Management Widespread In State-Owned Companies
Hydropower producer Hidroelectrica, which filed for insolvency on June 20, is not the only Romanian state-owned enterprise plagued by bad management, as many of the companies controlled by t...
ANCOM OKs All 5 Bids For Mobile Licenses; Auction To Follow In September
The auction commission of Romanian telecom regulator ANCOM decided Monday that all the five bids for mobile telephony licenses received from operators Orange Romania, Vodafone Romania, Cosmo...