Companies
Highest Personal Income Made Public: Lawyer Earns EUR11.6M In Four Years
The highest income ever made in Romania, which is officially documented, with the first name and last name of the earner shown, was collected by lawyer Florentin Tuca, founder and managing p...
FCm Travel Solutions: Romania Has Great Potential For Travel Management
Brian Donnelly, FCm Travel Solutions general manager for Europe, Middle East and Africa (EMEA), says that Romania is a market with a lot of potential for travel management because of the bud...
Obligation To Submit Quarterly Fiscal Statements Stifle Stock Exchange And Mutual Funds
Over 200,000 Romanians who invest in mutual funds or on the stock exchange have to go five times a year to fiscal agencies to submit income statements for amounts often of no more than 10 le...
Banks And Energy Companies See Biggest Loss In Market Value
The ranking of companies with the biggest losses of value in crisis is topped by players in the banking and energy sector, according to the “Top 100 most valuable companies in Romania” yearb...
Ceramic Tile Market Nears Maturity As Sales Through DIY Chains Rise
Bulgarian ceramic tile maker KAI Grup controlled by U.S. private equity firm Advent International, sees the market up by 5% to 10% in 2012. It would thus rebound from the slight decline in v...
Romania To Cut Co-Financing Rate For EU-Funded Projects By 10 Pps
The Romanian Government wants to temporarily reduce the national co-financing rate for EU-funded projects by 10 percentage points, based on a new EU regulation which increased the European c...
Romanian Online Store eMAG.ro Taps Insurance Market
Romanian online store eMAG.ro will start selling mandatory car insurance policies (RCA), following a partnership with insurance broker Netrisk, and wants to reach a 3-5% market share, the si...
Hydro-Power Station, Highway Designers Expect Good Performance This Year, Despite Earlier Pessimism
Engineering design companies, which are the starting point of huge projects, such as highways and large hydro-power stations, will have a better performance this year than in 2010, writes Bu...
State Arrears To Constructors Halved, But Still A Major Problem
State arrears to companies in the Romanian construction sector decreased over the past years, but continue to be a major problem, considering that the financial crisis had a strong impact on...