COMPANIES
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Cionca, CITR: Nearly 60% Of Romanian Firms Face Imminent Insolvency Or Financial Distress
The decrease in the number of insolvencies, statistically speaking, is just a quantitative indicator, which is inconclusive for the country’s economy, considering that 60% of important compa...
Coface: Insolvencies Declined 58% In 1Q But Layoffs Increased 24%
The number of insolvencies among Romanian companies dropped 58% on the year in the first quarter, after a 28% decline in 2014, but with a major social and financial impact as layoffs increas...
Companies’ Banking Deposits Slid By RON10B In 1Q
Companies in Romania had deposits worth 170 billion lei (EUR38 billion) with local banks at the end of March, down by the equivalent of RON9.5 billion from December 2014, amid the falling in...
Nearly Two Thirds Of Romanian Mid-Sized Businesses Expect Growth In 2015 - EY Survey
Nearly two thirds of medium-sized businesses in Romania (64%), with turnovers of EUR10 million to EUR0.5 billion, expects a growth in turnover this year, above the EU average of 50%, accordi...
Companies With Almost 53,000 Employees Took To Private Health Insurance
Companies with almost 53,000 employees, led by Dacia and Petrom, Romania’s biggest businesses, have switched to private health insurance over the past year and other companies are also mulli...
Crisis Companies In Romania Reached Revenue Worth RON3.5B And Hired Over 6,000 People
The 20 largest companies set up in Romania in 2009, at the very moment the crisis started being felt in Romania as well, managed to rake in together revenue worth over RON3.5 billion in the...
Energy Ministry Takes Over Attributions Of Privatization And State Shareholder At Power Companies
Romania’s government approved an ordinance setting up the Energy Ministry which will take over the attributions of public institution involved in the privatization and post-privatization mon...
Coface: 50 Best Performing Companies In Romania Operate In Retail, Auto, Construction And IT Sectors
The 50 best performing companies in Romania reported a total turnover of nearly EUR4 billion in 2013, up 47% on the year, and no company included in the ranking has a turnover below EUR25 mi...
Romania Mulls Introducing Tax On Turnover, Reducing Tax On Dividends
Romania’s Finance Ministry is considering discarding the tax on profit and introducing the tax on turnover, along with reducing the tax on dividends by five percentage points, as per a docum...