Romania Could Replace Environment Stamp Tax As Of March 2018, At The Latest
Romania could replace the environment stamp tax in March 2018 before approving the budget of revenue and expenditure of the Environment Fund Administration, Environment Minister Gratiela Gavrilescu said Tuesday.Early November, the fund’s president Cornel Brezuica said the National Agency for Environmental Protection (ANPM) will draft an inventory of carbon dioxide emissions generated by vehicles registered in 2017, related to the car fleet on December 31, 2016. A workgroup within the ministry will assess the impact on the environment.
The environment stamp tax for vehicles is part of the 102 non-fiscal taxes eliminated as of February 1, 2017. (jurnalul.ro)
ING Bank Becomes Broker On Romanian Capital Market Following the decision of the Board of the Bucharest Stock Exchange of Dec 11, 2017, it was approved the granting of the Participant to the trading system of the BVB on the regulated spot market and registration with the Participants Register for ING Bank N.V. Amsterdam Branch Bucharest.The local stock exchange reached a total 88 issuers at the end of November, after the listing of five companies on the main market over the last 12 months alone, which is the best achievement in its history, according to Lucian Anghel, head of the Bucharest Stock Exchange.
The capitalization of Romanian companies reached EUR19.8 billion, while the capitalization of all companies listed on the regulated market of the Bucharest Stock Exchange reached EUR35.6 billion. (jurnalul.ro)
Romania Shaken By Three Earthquakes In Just A Few Hours
Three earthquakes took place Monday night in Romania’s south-eastern Vrancea seismic area.
The first quake of 3.9-degree magnitude on the Richter scale occurred in Buzau County, at a depth of 128.1 kilometers.
The second quake of 2.1-degree magnitude on the Richter scale occurred in Vrancea County, at a depth of 22 km.
The third quake of 2.2-degree magnitude on the Richter scale occurred in Vrancea County, at a depth of 30 km. (puterea.ro)
Electricity Distribution Prices Drop 1% In 2018
Tariffs approved for the distribution of electricity in 2018 are on average 1.08% lower than in 2017 for the country’s eight distributors, said energy regulator ANRE.
The regulator approved distribution prices for next year on Tuesday. It said distributors had called for an average tariff hike of 9.78%.
The regulator is expected to issue a decision on next years’ electricity prices on December 15. (puterea.ro)