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STATE BUDGET

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FIC: More Solutions To Ensure State Budget Must Be Considered
Macroeconomics

FIC: More Solutions To Ensure State Budget Must Be Considered

Representatives of the Foreign Investors Council (FIC), an association that brings together the leading foreign-held investors in Romania, support the strategic, medium- and long-term approach to key areas, as is the case with the tax regime, which must be ana...

Ecaterina Craciun · 31.07.2023 · 23:51 · 1 min
BAT Paid RON10.5B In Excise And Taxes To Romania’s State Budget In 2022
Companies

BAT Paid RON10.5B In Excise And Taxes To Romania’s State Budget In 2022

Tobacco company British American Tobacco (BAT) on Wednesday said it had a total contribution of RON10.5 billion (EUR2.1 billion) in excise and taxes to the Romanian state budget in 2022.

Ecaterina Craciun · 24.05.2023 · 15:43 · 1 min
BAT Contributed EUR24B To Romania’s State Budget In Last 25 Years
Companies

BAT Contributed EUR24B To Romania’s State Budget In Last 25 Years

British American Tobacco (BAT), with a market share of 50% on the local tobacco market, on Thursday said it had contributed over EUR125 billion to Romania’s economy during its 25 years of ac...

Ecaterina Craciun · 02.06.2022 · 17:07 · 1 min
Philip Morris International Paid Over RON2.5B In Taxes To Romania’s State Budget In 2020
Companies

Philip Morris International Paid Over RON2.5B In Taxes To Romania’s State Budget In 2020

Tobacco company Philip Morris International (PMI) on Wednesday said the sales of Philip Morris products on the Romanian market generated RON1.9 billion in excise taxes and RON0.6 billion in...

Ecaterina Craciun · 11.05.2022 · 19:46 · 1 min
BAT Paid RON11B In Taxes To Romania’s State Budget In 2021, Up 10% Vs 2020
Companies

BAT Paid RON11B In Taxes To Romania’s State Budget In 2021, Up 10% Vs 2020

British American Tobacco (BAT), the largest player on the Romanian tobacco market, with a market share of over 50%, on Wednesday said it contributed almost RON11 billion (EUR2.2 billion) in...

Ecaterina Craciun · 13.04.2022 · 15:31 · 2 min
DIGI Group Contributed RON172M To Romania State Budget In Jan-Feb 2022
Technology &Telecoms

DIGI Group Contributed RON172M To Romania State Budget In Jan-Feb 2022

DIGI Group, through the operations of telecommunications company RCS & RDS S.A. and of all its entities operating in Romania, paid RON172 million in taxes and duties to the Romanian state bu...

Ecaterina Craciun · 18.03.2022 · 18:45 · 1 min
AmCham: Possible Increases In Public Spending Are Unsustainable And Impossible To Cover From Budget Revenues
Macroeconomics

AmCham: Possible Increases In Public Spending Are Unsustainable And Impossible To Cover From Budget Revenues

Possible increases in public spending are currently unsustainable and impossible to cover from budget revenues and will end up in an increased level of public debt, more need for loans from...

Ecaterina Craciun · 15.11.2021 · 18:40 · 3 min
Romanian Parliament Adopts 2021 State Budget
Macroeconomics

Romanian Parliament Adopts 2021 State Budget

Romanian lawmakers on Tuesday approved the country's 2021 state budget in the form proposed by the government, meaning a cash deficit target of 7.16% of the gross domestic product and frozen...

Oana Gavrila · 02.03.2021 · 19:15 · 1 min
PwC Romania Survey: 82% Of Respondents Have Overdue Debts To State Budget, May Apply For Tax Amnesty
Companies

PwC Romania Survey: 82% Of Respondents Have Overdue Debts To State Budget, May Apply For Tax Amnesty

Eight in ten respondents to a survey conducted by PwC Romania have unpaid debts related to the main budgetary obligations due on March 31, 2020 and qualify to apply for the tax amnesty regul...

Ecaterina Craciun · 26.05.2020 · 11:51 · 4 min