Romania
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Deloitte: Average Royalty And Similar Tax Rate Falls To 13.9% In Romania In 2017
The average royalty and similar tax rate fell to 13.9% in Romania in 2017, from 17.4% in 2016, considering that the average in European countries fell to 8.8% in 2016, according to Deloitte...
JYSK Opens Store In Giurgiu, Reaches 56 Romanian Units
JYSK Romania, one of the biggest furniture and home accessories retailers, part of Scandinavian group JYSK Nordic, will be opening a new store Thursday, in Giurgiu, reaching 56 units in Roma...
Republic Of Moldova’s Only Salvation Is Unification With Romania
Businessman Ion Sturza and book publisher Anatol Vidrascu, both Moldovans who do business in Romania, said on ZF Live on Tuesday that the situation of the Republic of Moldova was desperate,...
Alexandrion Group Buys Halewood’s Romanian Operations
Alexandrion Group, the largest spirits producer on the Romanian market, has acquired the Romanian operations of Halewood, one of the leading players on the wine market, according to ZF sourc...
VIG Underwritten Gross Premiums Down 5% To EUR506M In Romania, In 2017
Vienna Insurance Group (VIG), which controls companies Omniasig, Asirom and life insurer BCR Asigurari de Viata in Romania, registered underwritten gross premiums of EUR506 million on the Ro...
IMF Mission Head For Romania Voices Concern Over Keeping Budget Deficit Below 3% Threshold
Jaewoo Lee, the chief of the International Monetary Fund (IMF) mission for Romania, on Friday voiced out his concern about Romania being able to fall within the budget deficit target for 201...
Romania’s M&A Market Becoming More Attractive: One In Two Firms Mulls M&A Activities In 2018
Over half of companies (53%) plan to carry out activities of mergers and acquisitions (M&A) in 2018, which means the intentions to close deals on the local market maintain at a very high lev...
Reynaers Aluminium Eyes 10% Higher Turnover In Romania In 2018
Belgian Reynaers Aluminium, developer of aluminum products for the building sector, expects a nearly 10% increase in turnover in Romania in 2018, after a 15% rise in 2017, to approximately E...
Online Music Service Spotify Taps Romanian Market
Spotify, one of the world’s biggest audio streaming services, officially entered the Romanian market on Monday, March 12, ten years after its official launch.