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PwC: Political Consensus Crucial to Building Transport Infrastructure
Analysis

PwC: Political Consensus Crucial to Building Transport Infrastructure

Although Romania has one of the lowest scores in the European Union in terms of quality of infrastructure, according to the World Economic Forum's global competitiveness index, the country o...

Oana Gavrila · 20.07.2017 · 11:27 · 2 min
Japanese Companies In Great Britain May Relocate Their Businesses To Romania
Social/Politics

Japanese Companies In Great Britain May Relocate Their Businesses To Romania

Japanese companies in Great Britain want to move their businesses to Romania, in the context of Brexit and due to the economic growth registered by Romania, but are calling on the government...

Ecaterina Craciun · 19.07.2017 · 20:14 · 1 min
EIB Lends EUR1B To Romania To Co-Finance Transport Infrastructure Projects With EU Grants
Banks-Insurance

EIB Lends EUR1B To Romania To Co-Finance Transport Infrastructure Projects With EU Grants

The European Investment Bank (EIB) is lending Romania EUR1 billion to co-finance with European Structural and Investment Funds priority transport infrastructure projects totaling EUR6.8 bill...

Oana Gavrila · 19.07.2017 · 09:22 · 1 min
Romanian PM Sacks Tax Regulator Head Bogdan Stan
Social/Politics

Romanian PM Sacks Tax Regulator Head Bogdan Stan

Romanian Prime Minister Mihai Tudose on Tuesday dismissed Bogdan Stan from the position of president of the country’s tax authority ANAF.

Ecaterina Craciun · 18.07.2017 · 16:36 · 1 min
Health

Over 2,300 Medicines Risk Vanishing From Romanian Market

Over 2,300 medicines risk vanishing from the Romanian market, 60% of which cost less than RON25, as the clawback tax is expected to reach 30% by the end of the year, said Adrian Grecu, head...

Oana Gavrila · 13.07.2017 · 17:31 · 1 min
Romania Won't Introduce Tax on Turnover - PM
Social/Politics

Romania Won't Introduce Tax on Turnover - PM

Romania will not introduce a tax on turnover, Prime Minister Mihai Tudose said Tuesday after a meeting with European Commission officials.

Oana Gavrila · 11.07.2017 · 19:26 · 1 min
Social/Politics

PM To Discuss Budget Revision Next Week

Romanian Prime Minister Mihai Tudose said Monday after a meeting of the ruling coalition parties he will discuss a budget revision next week.

Oana Gavrila · 10.07.2017 · 15:07 · 1 min
Foreign Investors Council: Predictability Is Crucial to Economic Development
Companies

Foreign Investors Council: Predictability Is Crucial to Economic Development

The Foreign Investors Council (FIC) is worried by the substantial changes to the governing program and believes that such radical changes, announced at very short notice, can have a destabil...

Oana Gavrila · 05.07.2017 · 16:04 · 3 min
Transport Ministry To Launch Projects for 800 Km of Highway This Year
Social/Politics

Transport Ministry To Launch Projects for 800 Km of Highway This Year

Romanian transport minister Razvan Cuc said Wednesday projects to build 800 kilometers of highways will start this year, adding the government will take measures to eliminate delays caused b...

Oana Gavrila · 05.07.2017 · 12:57 · 1 min