Energy
Romanian Government to Adopt Changes to Tax Decree Friday
Romania's government on Friday is set to adopt an emergency decree amending controversial legislation passed in December 2018 taxing the banking, energy and telecom sectors.
PwC Romania: Exempting Coal-Fired Power Plants from Turnover Tax is State Aid
The Romanian government's plan to exempt state-owned thermal and coal-fired power plants from a 2% turnover tax qualifies as state aid and requires the approval of the European Commission, s...
Romania Exempts Coal-Fired Power Plants from 2% Turnover Tax, Caps Electricity Prices until Feb 2022
Romania's government will keep a 2% tax on turnover for energy producers, exempting state-owned thermal and coal-fired power plants, and will keep a cap on electricity prices until end-Febru...
Energy Regulator: 2% Turnover Tax To Be Used For Energy Efficiency Projects
The 2% tax on turnover which energy companies must pay to energy regulator ANRE, under emergency decree 114 of December 2018, could be used for energy efficiency projects, ANRE vice-presiden...
Coal-Fired Energy Producers May Be Exempt from 2% Turnover Tax
Coal-fired energy producers in Romania my be exempt from a 2% tax on turnover introduced via emergency decree in December 2018 but no other changes to the decree are expected for the energy...
Romgaz Proposes Gross Dividend of RON4.17/Share
State-owned natural gas producer Romgaz on Monday proposed a gross dividend per share of RON4.17, of which RON3.15 related to the 2018 profit, RON0.08 related to retained earnings and RON0.9...
Nuclearelectrica Proposes Gross Dividends of RON378.9M
Nuclear power company Nuclearelectrica (SNN.RO) on Wednesday said it proposes gross dividends of RON1.25 per share, the equivalent of a 13.1% yield.
Nuclearelectrica, NuScale Power Sign MoU To Assess SMR Development, Licensing, Construction In Romania
American company NuScale Power has signed a memorandum of understanding (MoU) with Romania's nuclear power producer Nuclearelectrica (SNN.RO) aimed at evaluating the development, licensing a...
Romania's Finance Ministry Amends Bank Tax This Week
Romania's finance ministry will finish this week a draft of changes to the emergency decree 114/2018 that introduced a tax on bank assets and raised capital requirements for mandatory privat...