Companies
Romania Drops Plan To Tax Each Profitable Market Transaction, Applies Yearly Profit Tax
The Romanian Government renounced its plan to tax each profitable capital market transaction, highly criticized by the market players, and decided to introduce a yearly tax on profitable tra...
Romania Raises Turnover Threshold For VAT Exemption To EUR65,000
Romania's Government has issued an ordinance whereby self-employed people and micro-enterprises with turnover below EUR65,000 per year will be exempt from paying VAT.
French Group GSE To Build Plexus’ $40M Plant In NW Romania
French group GSE will build U.S. electronic components maker Plexus’ plant in Oradea, northwestern Romania, and construction works will start in May.
ArcelorMittal Galati Completes EUR8M Investment In New 300T Crane
ArcelorMittal Galati, a unit of the world’s largest steelmaker ArcelorMittal, Wednesday said it has completed a EUR8 million investment to replace an overhead crane at its steel mill.
New Policolor CEO: Real Challenge To Come After Market Rebounds
The Policolor-Orgachim group, one of the largest competitors on the local paint and enamels market, has a new chief executive officer as of this year, Marius Vacaroiu. At the beginning of hi...
Law Firms Yearbook: Who Calls The Shots On A EUR200M Market
The 100 biggest law firms in Romania have extended their teams by 120 lawyers to 1,628 people over the course of last year, with the overall revenues posted by 19 of them exceeding EUR100 mi...
Economy Minister Signs RON150M Contracts For Energy Investments
Romanian Economy Ministry Daniel Chitoiu signed Tuesday two non-reimbursable financing contracts targeting to build a hydroelectricity plant in Arges county, southern Romania, and a cogenera...
Claas Sells More Combines In Romania Than In Spain And Italy
Combine harvester and tractor maker Claas saw higher sales of agricultural machinery in Romania last year than it did in Spain and Italy, countries with a larger area of farming land, which...
CEOs To Politicians: Lack Of Order And Of Competence In Administration Are Undermining Business
The lack of order in the administration and the lack of competence of decision makers, fiscal shocks and uncertainty over business-oriented legislation are stifling business more than the in...