REPORT
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Romania Has Highest Number Of Tax Payments In EU, Wastes 200 Hours/Year Paying
A company in Romania makes 39 payments to the state each year as taxes and contributions, triple compared to the EU average, for which it wastes 200, and the bulk of the fiscal burden lays o...
EU Court Of Auditors: Romanian Rural Development System Not Effective
Romania’s rural development system is inefficient and public procurement procedures are marred by irregularities, according to a report by the European Court of Auditors (ECA), presented Tue...
Average Wealth Per Capita Up 9.7% On Year In Romania, To $11,191 – Report
The average wealth per capita in Romania increased 9.7% in the first half of the year compared to the same period in 2012, to $11,191, much lower than the $17,570 level it reached before the...
Romania Has 10,600 Millionaires And Just One Billionaire
Approximately 10,600 inhabitants of Romania have fortunes higher than $1 million, less than half compared to Czech Republic, and just one Romanian’s fortune exceeds $1 billion, according to...
CBRE: New Housing Stock In Bucharest-Ilfov Seen Up 15% By 2015, With 4,000 New Apartments
New housing in the Bucharest-Ilfov area stands at over 27,300 units in 115 residential compounds with more than 20 apartments and is expected to increase by 15% over the next two years, acco...
ZFEnglish.com 2013 Energy Annual Report Available For FREE Download
ZFEnglish.com presents the 2013 digital edition of the Energy Annual Report, in English, highlighting the main events in the oil, natural gas, and energy sectors. The report brings a compreh...
IMF: Romanian Authorities Must Resist Pressure For Populist Measures
Pressure to adopt populist measures is on the rise in Romania after the country exited excessive deficit procedures in June and authorities must resist them to avoid reversing earlier diffic...
GTC’s City Gate In Bucharest Down Nearly EUR10M In Value Since Start Of 2013
The value of office compound City Gate in capital city Bucharest, held by Israeli real estate developer Globe Trade Center (GTC), decreased by EUR9.7 million in the first half of 2013, to EU...
JLL: Only Two Office Buildings Completed In Bucharest In 2Q/2013
Developers delivered two office buildings in Romania’s capital city Bucharest in the second quarter of 2013 and many projects expected this year may be postponed to 2014 in case of a persist...