Companies
Romania To Pay VAT Refunds Worth RON1.37B In August
Romanian tax authority ANAF will pay value added tax refunds to companies worth 1.37 billion lei (EUR322 million) in August, of which RON344 million represents compensations.
Tourism Ministry To Pay Over EUR1M On Promotional Brochures
Romania's Tourism Ministry on Monday announced it will place orders for two sets of travel brochures, worth EUR900,000 and EUR120,000, net of VAT.
Starbev Bets On Renown Of Czech Beer With Staropramen
“Staropramen is from the Czech Republic, and Czech beer is very well-known in the world. We are capitalizing on this,” says Alain Beyens, chief executive of beer producer StarBev, in answer...
Deutsche Bahn: Demand For Cargo Transport Is Strong
Schenker Romtrans, part of German transport giant Deutsche Bahn, and one of the largest Romanian companies operating on the freight transport market, posted a 20.4% higher turnover in the fi...
Romanian Entrepreneurs: We’re Trained To Deal With New Economic Crisis
Romanian entrepreneurs say they have restructured, refinanced and learned from the past three years of crisis, so that they are “trained” to cope with renewed economic slippages.
INS: Romania Industrial New Orders Rise 19.4% In 1H
Romanian industrial new orders rose 19.4% in January to June compared with the year-earlier period, boosted by growth in all sectors, the country’s statistics institute INS said Friday.
Multinationals Hike Wages By 6% This Year
At least 150 multinationals present on the Romanian market made average salary increases of 6% for all employees this year, according to preliminary results of a wage survey conducted by Mer...
Acquisitions, Happy Tour’s Crisis Recipe
In two crisis years, Spain-held private equity firm GED, which owns Romanian travel agency Happy Tour, signed three successive deals securing the development of an integrated business on the...
Egger Goes Beyond EUR100M Mark
Egger Romania, which owns a wood processing plant in Radauti (Suceava), in 2010 generated turnover of above EUR100 million, up from some EUR91 million last year. The company’s income remaine...