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Lion Capital Now Owns Over 10% In Fondul Proprietatea
Alternative investment fund Lion Capital (LION.RO) on Friday notified the Bucharest Stock Exchange of having exceeded the 10% Fondul Proprietatea (FP.RO) stake threshold.
Metropolitan Life Pensii Private Owns More Than 5% In Transport Trade Services
Danube freight carrier Transport Trade Services (TTS.RO) notified investors on Friday about a shareholder exceeding the 5% stake threshold. That shareholder is Metropolitan Life Pensii Priva...
Romania Raises Caps For Directly Awarded Public Contracts As Of July
Romania has doubled the threshold on public services and product contracts awarded directly from EUR15,000 to EUR30,000 and raised the threshold on public works contracts awarded directly fr...
ING Bank Raises Threshold For Top Clients To EUR400,000
ING Bank has completed the restructuring of its product and services offer for top clients, which total around 500 clients with fortunes larger than EUR400,000, enabling access to new placem...
Ponta Says Electoral Threshold For Parliament To Be Removed By Lower House
Romanian Prime Minister Victor Ponta said Monday the electoral threshold requirement will be removed from the bill regulating parliamentary elections through an amendment to be introduced by...
VAT Registration Turnover Limit Raised To EUR50,000 In August
Romania's Government has postponed for August its plan to raise the level of turnover after which the registration and payment of VAT becomes mandatory to EUR50,000, from EUR35,000, says the...