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Romania May Raise Fuel Excise Duties
Excise duties on fuels could be increased, according to a draft amending Romania’s Tax Code, published by the Finance Ministry which says the current excise duties in Romania are very close...
Romania’s Operating Leasing Market Up 7.5% To Over 64,350 Vehicles In 1H/2017
Romania’s operating leasing market ended the first half of 2017 with an increase of 7.5% compared with the end of 2016, to over 64,350 vehicles managed.
Banca Transilvania Hikes Share Capital By RON695M
Romanian lender Banca Transilvania (TLV.RO) has increased its share capital by RON695 million, by issuing 695 million shares with a face value of RON1, and the bank’s capital thus reached RO...
Gross Premiums Underwritten By Allianz-Tiriac Rose 8% In January-June 2017
Allianz-Țiriac reported a nearly 8% rise in the volume of revenue from underwritten gross premiums (general insurance and life&health insurance) at the end of the second quarter of 2017, com...
Companies In Romania Post 2.4% Higher Turnover, Of Over EUR280B, In 2016
Companies in Romania posted a 2.4% higher turnover in 2016, of RON1,263 billion (over EUR280 billion), keeping the growth pace registered over the last three years, but the increase is half...
House Prices In Romania Up 5% In January-March 2017, Above EU Average
House prices in Romania rose 5.1% in the first quarter of 2017, compared with the year-earlier period, according to a study by Eurostat, the statistical office of the European Union. The sam...
Bilka Steel Owner: Romania’s Residential Construction Market Could Grow Over 10% By End-2017
Romania’s residential constructions market could see an increase of over 10% by the end of 2017, according to Horatiu Tepes, owner of Brasov-based metal roofing manufacturer Bilka Steel.
APIA: New Car Sales Up 18% In January-May 2017
New car sales in Romania rose 18% on the year in January-May 2017, due to acquisitions by legal entities, accounting for 73% of total acquisitions, according to data provided by the Romanian...
Retailer cel.ro Net Profit Plunges To EUR19,857, But Turnover Rises To EUR50M In 2016
Corsar Online, which administers cel.ro – one of the biggest online stores in Romania, on Wednesday said it registered a turnover of RON224.8 million (EUR50.05 million) in 2016, up 29.6% aga...