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COMPANIES

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Number Of Companies Set Up In December 2016 - January 2017 Hit 5-Year Low - Study
Companies

Number Of Companies Set Up In December 2016 - January 2017 Hit 5-Year Low - Study

Political turbulence in Romania had a direct impact on local entrepreneurial spirit, as the number of companies set up in December 2016 and January 2017 touched a five-year low, according to...

Gabriela Stan · 22.03.2017 · 12:48 · 1 min
KeysFin: Companies’ Late Payments To Suppliers Stayed At Over RON50B In 2016
Companies

KeysFin: Companies’ Late Payments To Suppliers Stayed At Over RON50B In 2016

Despite fiscal relaxation measures and an economic growth based mainly on consumption, the late payments to suppliers registered by companies in Romania reached around RON50 billion in 2016,...

Ecaterina Craciun · 20.03.2017 · 13:20 · 1 min
PwC: Salary Hikes In Private Companies Seen Higher In 2017 Than Initially Estimated
Companies

PwC: Salary Hikes In Private Companies Seen Higher In 2017 Than Initially Estimated

The average salary increases budgeted in the private companies for 2017 are higher than initially estimated, according to the data of the PwC HR Barometer study.

Gabriela Stan · 21.02.2017 · 15:02 · 1 min
Five Out Of Ten BET Index Companies Made Higher Profit In 2016
Capital Market

Five Out Of Ten BET Index Companies Made Higher Profit In 2016

Five companies - OMV Petrom (SNP.RO), Fondul Proprietatea (FP.RO), Transgaz (TGN.RO), BVB and BRD, of the ten included in Bucharest Stock Exchange’s (BVB.RO) reference index BET made higher...

Loredana Frățilă-Cristescu · 20.02.2017 · 00:00 · 1 min
World’s Biggest Private Equity Firm, Carlyle Group, Ends Up Controling 36 Companies In Romania
Companies

World’s Biggest Private Equity Firm, Carlyle Group, Ends Up Controling 36 Companies In Romania

Private equity firm Carlyle Group came to control 36 firms in Romania, operating in various economic sectors, and its last acquisition targeted a series of assets of oil and gas company OMV...

Ecaterina Craciun · 17.02.2017 · 15:12 · 1 min
AmCham Romania: Allegations Against Multinational Companies, Untrue And Unconstructive
Macroeconomics

AmCham Romania: Allegations Against Multinational Companies, Untrue And Unconstructive

AmCham Romania considers that the allegations against multinational companies are untrue and unconstructive for the economy and society and stresses the need of collaboration between the loc...

Gabriela Stan · 09.02.2017 · 14:58 · 1 min
Companies That Went Insolvent In 2016 Posted EUR2.7B Turnover
Companies

Companies That Went Insolvent In 2016 Posted EUR2.7B Turnover

The number of companies that went insolvent in Romania in 2016 dropped by 18% on the year, to 8,000, according to Trade Registry data.

Gabriela Stan · 02.02.2017 · 13:13 · 1 min
Competition Council Applied Fines Of EUR15M In 2016
Companies

Competition Council Applied Fines Of EUR15M In 2016

Romania’s Competition Council applied fines of over EUR15 million in 2016, to 119 companies, of which 93 admitted having concluded anti-competitive agreements, according to Bogdan Chiritoiu,...

Ecaterina Craciun · 19.01.2017 · 15:10 · 1 min
Foreign-Held Companies In Romania Posted Profit Of Nearly EUR3B In 2015
Companies

Foreign-Held Companies In Romania Posted Profit Of Nearly EUR3B In 2015

Foreign-held companies in Romania registered a profit of EUR2.7 billion in 2015, with German and Dutch-held companies being the most profitable, according to a study by Creditinfo – a firm s...

Ecaterina Craciun · 17.01.2017 · 17:05 · 1 min