COMPANIES
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Who Keeps Track Of Romanian Entrepreneurs In The Local Economy?
Portuguese-held Martifer, Greek-held Olympus and US-held Delphi in 2011 made the largest greenfield investments in the Romanian economy, according to a ranking supplied by the Economy Minist...
Romania To Amend Merger Rules, Following EC Warning
Romania's Justice Ministry has developed a draft emergency ordinance to implement the simplified rules on floated company mergers and divisions, following a warning from the European Commiss...
Romania To Reduce Business Startup Period To Three Days Next Week
Launching a business in Romania will take no more than three days, starting next week, and the legislation needed to implement the procedure is ready, Prime Minister Emil Boc announced Monda...
Two Dutch Companies To Create 250 Jobs In Cluj County, Romania
A Dutch logistics company will open its first Romanian office near the Transylvania Highway, hiring more than 100 people, while another Dutch company, which makes equipment for the food indu...
Government Pledges To Make State-run Companies More Transparent. Will It Keep Its Word?
Board members at state-run companies will be chosen by independent human resources experts, the annual and six-month financial reports will be published on corporate websites, as will the sa...
Taxpayers In Romania Queue Up To Pay Their Taxes
Crowding and discontent, this was the atmosphere on Tuesday morning in front of the Fiscal Administration of Bucharest's 2nd district, where around 100 people were queuing up to submit the n...
Romania Trade Registry: Company Insolvencies Down 10% In 2011
Romania's Trade Registry Thursday said 19,651 companies filed for insolvency in the 2011, down 10% from 21,700 companies in the year before.
Economy Ministry Requests Budget Revisions For Almost 50 State Companies
Romania's Economy Ministry has asked the Government to revise the 2011 budgets of almost 50 state-owned companies, to include higher costs, and complained that the Finance Ministry has not a...
Government Extends Measure Cutting Salaries Of State-Owned Company Managers
The Romanian Government decided to extend in 2012 a measure cutting the salaries of state-owned company managers to 4,800 lei (EUR1,110) from RON20,000-RON28,000 (EUR4,628-EUR6,478), Governm...