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Companies In Top Ten Sectors Of Romania’s Economy Generate RON720B Revenue
Companies

Companies In Top Ten Sectors Of Romania’s Economy Generate RON720B Revenue

The ten most important sectors in Romania’s economy generate 63% of the total revenue or 720 billion lei (EUR159 billion).

Loredana Frățilă-Cristescu · 01.07.2016 · 10:33 · 2 min
RCA Insurers To Pay 2% Of Revenue To Street Victim Protection Fund, Double Vs 2014
Automotive

RCA Insurers To Pay 2% Of Revenue To Street Victim Protection Fund, Double Vs 2014

Insurance firms in Romania issuing mandatory car insurance policies RCA will pay to Street Victim Protection Fund a contribution of 2% of the volume of cashed premiums to ensure the funds ne...

Ecaterina Craciun · 02.04.2015 · 17:39 · 1 min
Agriculture Contributes EUR17 Billion To Romania's Economy In 2014
Companies

Agriculture Contributes EUR17 Billion To Romania's Economy In 2014

Agriculture contributed EUR17 billion to Romania's economy in 2014, its third best result ever after the peaks of 2011 and 2013.

Loredana Frățilă-Cristescu · 12.01.2015 · 00:00 · 2 min
ASF: Insurers To Pay Higher Contribution To Guarantee Fund Starting January 1, 2015
Banks-Insurance

ASF: Insurers To Pay Higher Contribution To Guarantee Fund Starting January 1, 2015

Romania’s Financial Supervisory Authority has decided to increase, as of January 1, 2015, the contribution paid by insurance firms to the guarantee fund of insurers (FGA) because damage paym...

Ecaterina Craciun · 18.09.2014 · 13:27 · 1 min
Six Government Institutions Fail To Agree On Actual Staff Number In Romania
Macroeconomics

Six Government Institutions Fail To Agree On Actual Staff Number In Romania

Confusion as to how many employees there are in Romania increased at the end of last week after a report of the National Trade Union Bloc, one of the most powerful trade union organizations...

Loredana Frățilă-Cristescu · 12.05.2014 · 07:20 · 1 min
Romania To Contribute Some EUR8.1M To ESA Programs
Social/Politics

Romania To Contribute Some EUR8.1M To ESA Programs

Romania’s Government decided Friday the country will contribute over EUR8.1 million to the operational programs carried out by the European Space Agency (ESA).

Ioana Tudor · 25.10.2013 · 16:50 · 1 min
Romanians To Pay Health Insurance Contribution Of Up To RON611/Month For Rental Revenues
Real Estate

Romanians To Pay Health Insurance Contribution Of Up To RON611/Month For Rental Revenues

Romanians who obtain revenues from home rental will pay health insurance contributions of at most 611 lei (EUR136) per month in 2013, according to a bill drawn up by the Finance Ministry.

Ioana Tudor · 13.09.2013 · 18:12 · 1 min
Public Pension System Unable To Ensure Decent Pensions For Those Born In The '60s/'70s
Social/Politics

Public Pension System Unable To Ensure Decent Pensions For Those Born In The '60s/'70s

The public pensions of Romanians born between 1966 and 1971 will not exceed 15% of their last wages, as the current resources of the country’s public pension system do not allow for more, an...

Ioana Tudor · 19.09.2012 · 12:56 · 1 min
Romania Might Cut Social Security Contributions For Employers In 2013
Social/Politics

Romania Might Cut Social Security Contributions For Employers In 2013

Romania’s Labor Ministry proposed the reduction of social security contributions by 5 percentage points for employers starting January 2013, Labor Minister Mariana Campeanu said Monday.

Ioana Tudor · 28.05.2012 · 12:49 · 1 min