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Romania To Raise Electricity Prices By 5% On July 1
Romania’s energy regulator ANRE said Friday electricity prices for all categories of consumers will increase by an average of 5% starting July 1st.
Electrocarbon Plans RON18M Capital Hike
Romanian industrial electrodes maker Electrocarbon Slatina (ELNG.RO) wants to increase its share capital by 18 million lei (EUR4.03 million), from RON44.8 million to RON62.8 million, through...
Petrom Hikes Pump Prices By RON0.06/Liter
Romania's largest oil company OMV Petrom (SNP.RO) on Thursday increased pump prices for gasoline and diesel oil by RON0.06 (EUR0.0135) per liter.
Labor Costs In Romania Hit EUR314M/Day, From EUR210M In 2000 - HR Director
Labor costs in Romania have reached EUR314 million per workday, from EUR210 million in 2000, Real Hypermarket HR director Valentin Pauna said Wednesday.
Croitoru, BNR: Raising Public Wages To Boost Consumption
Raising Romanian public sector wages, directly or by reducing social security contributions, will prove beneficial, as it will support consumption, but only if the Government finds financial...
Industrial Property Taxes 20% Higher Starting January 1, 2012
Industrial property taxes in Romania are 20% higher staring January 1, 2012, as the Government failed to postpone the tax increase in time.
Goverment Rejects Local Authorities' Plans To Hike Taxes
The Romanian Government rejected local authorities’ proposition to raise local taxes by up to 50% next year, Finance Minister Gheorghe Ialomitianu said Tuesday evening.
BCR Shareholders OK RON644M Share Capital Hike
Shareholders of Romanian lender BCR on Monday approved a share capital increase of up to 644 million lei (EUR148.2 million), to RON1.7 billion, and rejected a proposition to float the bank’s...
Leroy Merlin Romania Boosts Share Capital By RON22.2M, To RON102.8M
Bucharest DIY store Leroy Merlin Bricolaj, owned by French group Adeo, has increased its share capital by 22.2 million lei (EUR5.15 million), to RON102.8 million, through cash contribution.