COMPANIES
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CITR: Romania Economy Engine Overheats: 79% Of Business Generated By 4% Of Companies
Major companies in the Romanian economy, which are in distress (restructurable and insolvent) accounted for 51% of total impact companies in 2018, which reverses, for the first time, the bal...
Survey: Romania To Face Significant Decline In Business Appetite In Second Half Of 2019
Many companies in Romania chose to preserve their financial resources in 2019, focusing on disintermediation, against the backdrop of a lack of investments on a medium and long term and fisc...
PwC Survey: Nearly A Quarter Of Firms Targeted By Tax Inspections In 2018
Nearly a quarter (22%) of companies included in a PwC survey were subject to tax inspections in 2018, which targeted mainly the tax on profit and the value added tax (VAT) and the additional...
Four Companies Vie For EUR40M Construction Contract Of Brasov-Ghimbav Airport Terminal
Companies Bog’Art SRL Bucuresti, Construcții SA Sibiu, Kesz Constructii Romania SRL Cluj and Porr Construct SRL Bucuresti have joined the race to win a contract worth RON184.6 million (EUR39...
Survey: Construction Firms In Romania To See 5% Up To 28% Higher Costs Due To New Wage Regulation
Companies operating in the Romanian construction sector will register 5% up to 28% higher costs, while the employees in the sector will benefit from tax advantages following the enforcement...
Romania Grants RON360M State Aid To Five Companies For Investment Projects Worth RON1B
Romania’s Finance Ministry has signed five financing agreements for the granting of state aid worth a total RON360 million to companies Automobile Dacia, Swoboda Sibiu, Sogefi Suspensions Ea...
Romanian-Held Companies Generated Exports Estimated At EUR8.5B– EUR9B In 2017
Romanian-held companies generated exports estimated at EUR8.5 – 9 billion in 2017, accounting for 14% of total exports, according to ZF calculations based on data from the statistics board I...
CITR: 179,000 Companies In Romania Entered Insolvency In Last Ten Years
A total 800,000 new companies were established between 2008, when the economic crisis broke out, and until 2017, of which 179,000 entered insolvency during the same period, according to data...
AAF: Asset Management Funds Invested RON12.6B In Romanian Companies
Asset management funds invested over RON12.6 billion in Romanian companies, according to data released Tuesday by the Association of Fund Managers in Romania (AAF).