Romania
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Map of Romania’s Largest Gas Station Owners
The largest oil companies in Romania, Petrom, Rompetrol, Lukoil and MOL Romania, together control around 1,400 gas stations, according to data provided by the companies.
Textiles, Means Of Transportation, Electrical Equipment Make Up Half of Romania’s Exports
Electrical equipment and mechanical devices, textiles and means of transportation are the main products Romania exports to its top ten partner countries in international trade.
German Miele Reports EUR25M Turnover In Romania In 2012
German luxury home appliances maker Miele, which has a production facility in Brasov (central Romania), registered turnover of around 110 million lei (EUR24.7 million) in Romania in 2012, le...
Louis Vuitton Plants In Romania Doubled Sales During Crisis
The two plants making bag parts for LVMH’s Louis Vuitton in Cisnadie and Avrig (central Sibiu County), saw an increase of over 80% in sales during the period of economic crisis.
Analysts Skeptical About Romania’s Third IMF Agreement
Analysts are skeptical there will be significant progress in terms of structural reforms. “Romania will continue to promise to do things the IMF way and do whatever it wants.”
Environmental protection
General provisions Environmental legislation was first introduced in 1991. Since then, it has been developed to comply with the standards imposed by the European Union. Some of the Romanian...
Competition in Romania - Main legal issues
Relevant legislation Since Romania’s accession to the European Union, competition has been governed by both domestic and EU legislation. The relevant domestic legislation on merger control (...
Accounting
Changes in Romanian accounting rules over the last few years have moved Romanian accounting closer to International Financial Reporting Standards (IFRS), although there are still some signif...
Protection of intellectual and industrial property rights
Romania is a signatory to international conventions on intellectual and industrial property rights. The EU Accession Treaty lays down specific provisions that reaffirm Romania's commitment t...