BUDGET
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CFR Marfa Eyes 2013’s Loss To RON211M, Double From RON95M Seen In 2012
Romanian state-owned freight company CFR Marfa forecasts losses of 211 million lei (EUR47.84 million) in 2013, 2.2-fold higher from RON95 million seen in 2012.
Prodplast Eyes Switching To Profit In 2013 After RON2.1M Loss In 2012
Romanian plastics producer Prodplast Bucuresti (PPL.RO) estimates to return to profit in 2013, as production has resumed, after it reported loss of 2.1 million (EUR486,000) in 2012 as a resu...
Biofarm Forecasts 2013's Sales Up 10%, To RON115M
Romanian drug maker Biofarm (BIO.RO) Friday said it forecasts 10% higher sales in 2012, to 115.1 million lei (EUR26.2 million), from RON105 million a year before.
Basescu Says Romania Can Get Extra EUR9B At EU Fund Allocation For 2014-2020
President Traian Basescu said Friday, at the end of the European Council meeting, that upcoming talks in the European Parliament (EP) as regards making European funds more flexible will allo...
Metrorex Allots RON300M For Investments In 2013
Bucharest subway operator Metrorex allotted 299.7 million lei (EUR68.1 million) for investments this year, down from RON779 million in 2012, and estimates losses of RON24.8 million, accordin...
Top Ten Debtors To The Budget In 2012: Arrears Reach EUR3.3B
The ten biggest debtors to Romania’s general consolidated budget, seven of which are state-run companies, had overdue payments of 14.5 billion lei (around EUR3.3 billion) in taxes and contri...
CNADNR Reorganization Brings Up Budget Distribution Issues
The split of the National Highways and Roads Company in Romania (CNADNR) into two entities brings up the way in which the money that the institution gets every year will be distributed. The...
Basescu Passes Laws On State Budget, Social Security Budget For 2013
Romania President Traian Basescu on Thursday passed the laws regulating the state budget and the social security budget for 2013.
Constitutional Court Upholds Romania's 2013 Budget Bill
Romania’s Constitutional Court on Wednesday unanimously ruled the 2013 state budget law as constitutional.