Companies
Milcev, Ernst&Young: Tax Code Will Not Be Republished Within Next 2-3 Years
The republishing of the Tax Code, long awaited and expected for this year, will not take place within the next 2-3 years, believes Alex Milcev, Fiscal Assistance Partner at audit and consult...
ArcelorMittal Roman Increases Share Capital By RON292M
Romanian steel pipes maker ArcelorMittal Tubular Products Roman (PTRO.RO) will increase its share capital by 292.1 million lei (EUR67 million) to RON725 million, the company said in a statem...
EU Urges Romania To Simplify Merger & Division Rules
The European Commission Thursday said Romania and four other states have failed to comply with their obligation to implement simplified rules on mergers and divisions and requested the five...
Coface: Romanian Construction Market Remains Critical
Romanian construction market is still mired in the crisis as the weak demand and reduced financing from the local banking sector make the recovery difficult, according to a survey from credi...
Romania Ameropa Grains’ Delisting Price Proposed At RON9.11/Share
Swiss grain trader Ameropa Holding AG proposes a price of 9.11 lei (roughly EUR2.1) a share to delist its Romanian unit Ameropa Grains Constanta (CCRL.RO) from the Bucharest Stock Exchange,...
Lawyers: Restricting Right To Foreclose State's Shares Is Unconstitutional
The Romanian Government's plan to suspend for five years its creditors' right to seize or place distraint on shares in state companies is in breach of the Constitution and of EU law, and wil...
Taxpayers In Romania Queue Up To Pay Their Taxes
Crowding and discontent, this was the atmosphere on Tuesday morning in front of the Fiscal Administration of Bucharest's 2nd district, where around 100 people were queuing up to submit the n...
Romania Trade Registry: Company Insolvencies Down 10% In 2011
Romania's Trade Registry Thursday said 19,651 companies filed for insolvency in the 2011, down 10% from 21,700 companies in the year before.
Romanians Put Aside EUR5B During Crisis
Deposits at Romanian banks climbed by almost EUR10 billion in the past three years, as customers adjusted their financial behavior to the economic crisis.