COMPANIES
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Government To Guarantee 80% Of A Romanian Company’s Investment In Moldova
Government will guarantee 80% of each Romanian company’s investment in the Republic of Moldova, assigning 1 billion lei (EUR20.4 million) in this respect for 2014, Prime Minister Victor Pont...
Trade Registry: 2,054 Companies Filed For Insolvency In January
A little over 2,000 companies went out of business in Romania last month, down 14.5% compared with January 2013, data from the Trade Registry showed Friday.
Romania To Approve Program Slashing Arrears Of State Companies By RON2B
The Romanian Government will approve next week a program aimed to reduce the overdue debts of state-owned companies by 2 billion lei (EUR0.44 billion), Prime Minister Victor Ponta and Minist...
Romanian Companies More Confident In Business Growth In 2014-Survey
Around 40% of business leaders are confident that their companies will grow in 2014, compared with 25% a year earlier, most of them estimating a moderate growth of 1-10%, according to “A vis...
PwC: Romania Ranks 2nd Globally Considering CEOs’ Concern About Tax Burden
Most Romanian CEOs (92%) are concerned about the increasing tax burden, and 86% of them fear the Government’s response to the fiscal deficit, according to the results of the PwC Romania CEO...
13 Romanian Companies Drew EUR1B In Foreign Capital Last Year
Foreign shareholders last year injected over EUR1 billion in 13 companies with operations in key industries in Romania, such as energy, financials, auto and retail, according to Trade Regist...
Trade Registry: 27,000 Companies Went Belly-up In 2013
About 27,000 companies went out of business in Romania last year, up 10.4% compared with 2012, data from the Trade Registry showed Wednesday.
Lars Wiechen, Ernst&Young Romania: Estimating Current Worth Of A Company Not Exact Science
Lars Wiechen, executive manager and head of the valuation & business modeling services at Ernst&Young Romania, says construction firms and financial institutions have witnessed the steepest...
Chinese Companies In Romania Boast Turnover Of Half A Billion Euros
Chinese-controlled companies had a total turnover of 2 billion lei (EUR454 million) in Romania last year, down 8% against the previous year, according to Trade Registry data.