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Government Might OK Gas Price Hike For Household Consumers To RON60/MWH
Social/Politics

Government Might OK Gas Price Hike For Household Consumers To RON60/MWH

The Romanian government might approve Wednesday the increase of the price for local natural gas for household consumers to RON60/MWh, Energy Minister Andrei Gerea stated.

Gabriela Stan · 10.06.2015 · 14:34 · 1 min
Alcatel-Lucent To Increase Romanian Headcount To 1,600 By Yearend
Technology &Telecoms

Alcatel-Lucent To Increase Romanian Headcount To 1,600 By Yearend

French-held Alcatel-Lucent, one of the largest telecommunications equipment and solutions suppliers in the world, will increase its Romanian team by 100 this year, for a total of 1,600 emplo...

Loredana Frățilă-Cristescu · 28.05.2015 · 11:49 · 1 min
Policolor Posts Two-Digit Increase In Sales In 1Q/2015
Companies

Policolor Posts Two-Digit Increase In Sales In 1Q/2015

Policolor - Orgachim group posted a two-digit increase in sales volume in the first quarter of 2015, in line with its estimates, and targets a 24% higher turnover, to EUR65.5 million for the...

Ecaterina Craciun · 09.04.2015 · 14:45 · 1 min
Gedeon Richter Romania To Raise Share Capital By RON10M
Health

Gedeon Richter Romania To Raise Share Capital By RON10M

Pharmaceutical producer Gedeon Richter Romania on Monday said it plans to increase its share capital by RON10 million (nearly EUR2.3 million), through shareholder cash contributions by issui...

Ecaterina Craciun · 06.04.2015 · 17:14 · 1 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
Finance Ministry Scraps Planned Increase In Property Tax
Real Estate

Finance Ministry Scraps Planned Increase In Property Tax

Romania’s Finance Ministry on Monday said it decided to no longer introduce in the Tax Code draft the proposition to increase taxes on residential property.

Ecaterina Craciun · 16.03.2015 · 19:06 · 1 min
Auchan Romania Raised Share Capital By EUR30M In January
Retail&Consumer

Auchan Romania Raised Share Capital By EUR30M In January

Retailer Auchan Romania, which has a network of 32 hypermarkets, raised its share capital by EUR30 million in January 2015, to EUR299.2 million, by issuing new shares, according to a decisio...

Ecaterina Craciun · 02.03.2015 · 13:17 · 1 min
Cash In Circulation Overshoots RON40B Mark
Banks-Insurance

Cash In Circulation Overshoots RON40B Mark

The cash in circulation reached an all-time high of 41 billion lei (more than EUR9 billion) last month, an increase of 16% on the same time last year. The growth in January alone stood at 2%...

Loredana Frățilă-Cristescu · 26.02.2015 · 00:00 · 1 min
Kronospan Romania Boosts Share Capital By EUR9M
Companies

Kronospan Romania Boosts Share Capital By EUR9M

Wood-based panel products manufacturer Kronospan Romania, part of Austrian group Kronospan, increased its share capital by 40.2 million (EUR9 million), to RON341.7 million (EUR84.6 million).

Ecaterina Craciun · 05.02.2015 · 15:27 · 1 min