Social/Politics
Bucharest Subway Employees To Go On Two-Hour Warning Strike Tuesday Morning
Employees of the Bucharest subway company Metrorex will go on a two-hour warning strike Tuesday, between 4 and 6 a.m. and plan to follow-up with a general strike on September 30 unless their...
Foreign Banks' Exposure To Romania Fell To $46.4B In 1Q
Foreign banks cut their exposure to Romania by more than $3.3 billion to $46.44 billion in the first quarter of 2013, data from the Bank for International Settlements showed.
Several Romanian MPs Challenge Stray Dog Bill At Constitutional Court
Thirty Romanian lawmakers have challenged a recently adopted bill on stray dogs at the Constitutional Court.
Tarom CEO: Results Are As Planned, Passenger Numbers Up 6% In August
Results registered by the Romanian state-owned airline Tarom are in line with those stated in the company’s management plan and passenger numbers rose 6% in August, according to Christian He...
Romania Sets Formulae For Lump Sum Tax To Be Applied Starting 2014
Owners of restaurants with a floor of 150 square meters in central Bucharest will pay lump sum tax of 17,136 lei (EUR3,900) per year starting 2014, while shawarma eateries will contribute lu...
Romanians To Pay Health Insurance Contribution Of Up To RON611/Month For Rental Revenues
Romanians who obtain revenues from home rental will pay health insurance contributions of at most 611 lei (EUR136) per month in 2013, according to a bill drawn up by the Finance Ministry.
GFR In Talks With ING Corporate Finance To Get Money For CFR Marfa Acquisition
London-based ING Corporate Finance, the financial consulting division of Dutch group ING, will help Grup Feroviar Roman (GFR) get financing to buy 51% in freight railway carrier CFR Marfa, a...
Romania May Change Clawback System To Tax Generic, Brand-Name Drug Producers Differently
Romania is considering rethinking its clawback tax system so that generic drug producers and brand-name medicine producers will be taxed differently.
Romania Raises EUR1.5B In 7-Year Eurobond
Romania raised EUR1.5 billion in a seven-year euro-denominated bond, at 295 points over the reference midswap rate, banking sources told MEDIAFAX Thursday.