COMPANIES
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Romania Might Extend Industrial Park Incentives Until 2020
Romania's Government plans to extend, until 2020, the fiscal incentives granted to companies that invest in industrial parks, make these companies eligible for EU funds and open another five...
Basescu Requests Reexamination Of Bill Postponing State-Run Company Listing
Romanian President Traian Basescu has sent to the Parliament a request to reexamine a bill that postpones the listing of state-owned companies in investment fund Fondul Proprietatea's portfo...
Small Companies May Opt For Simple Accounting System This Year
Romanian companies with sales and assets lower than EUR35,000 may opt for a simplified accounting system starting with the 2011 fiscal year, says a draft order by the Ministry of Public Fina...
Hidroelectrica May Get Private Management In Fall
The first state-owned companies to get private management “could be” hydropower producer Hidroelectrica and coal company CNH, starting fall, Friday said Economy Minister Ion Ariton.
Private Sector Managers Should Run State-Owned Companies
Replacing managers in the large state-held companies with experienced private sector executives could keep the state from losing money, both Government representatives and officials from the...
Hidroelectrica, Romgaz To Hike Bucharest Stock Capitalization By 5%-10%
Romania’s plan to list minority stakes in hydropower generator Hidrolectrica and natural gas producer Romgaz is likely to increase capitalization on the Bucharest bourse by 5% to 10%, a seni...
Half Of RASDAQ's 80 Blue-Chips Brought Profit To Investors
Interest in RASDAQ market has plunged this year, amid its uncertain status and after some of its major companies were moved to the main market of the Bucharest Stock Exchange. Nevertheless,...
CSA: Several Top Insurers Want To Enter Romanian Market Lured By Growth Potential
Several top insurers, including some European Union-based companies, want to enter the Romanian market enticed by the low penetration rate and the high growth potential, insurer regulator CS...
Big Companies Grab Large EU-funded Projects
While the state, through its institutions, finds it hard to attract funds from the EUR19.6 billion made available by the EU until 2013, big companies in Romania, with turnovers of tens of mi...