Financial
April 29, 2015 14:48
The consolidated general budget ended Q1 2015 with a significantly higher surplus, 4.9 billion lei, 0.7% of GDP respectively, compared to a surplus of 2.3 billion lei, 0.33% of GDP respectively, in the first two months of this year, according to the data released by the Ministry of Public Finance. ...more »
April 09, 2015 16:31
Romania’s exports and imports rose between January and February 28, 2015, with exports recording a faster growth: 3.6 percent year-on-year, whilst imports advanced by 3.3 percent. ...more »
April 08, 2015 17:46
The Romanian Financial Supervisory Authority (FSA) has approved eventually the Regulation regarding the listing on foreign EU markets through the depositary interests of shares listed in Romania, after the first unsuccessful attempt in November 2014. ...more »
April 07, 2015 18:11
The VAT for all agri-food products, including non-alcoholic beverages and food services, will be reduced to 9 percent from 24 percent starting with June 1, 2015, announced the Prime Minister, Victor Ponta....more »
April 06, 2015 16:42
The Government will soon announce the reduction of the VAT to 20 percent starting this year, namely June 2015, instead of January 2016, as provided by the new Tax Code, governmental sources told gandul....more »
March 31, 2015 16:39
The Romanian subsidiary of Piraeus Bank Group recorded a gross profit of 2.1 million euro in 2014, down by 36.4 from 3.3 million in the previous year. ...more »
March 31, 2015 15:24
The Board of Romania's Central Bank, BNR, decided to drop again the monetary policy rate by 0.25 percent to 2 percent, achieving a new historic low which will come into effect on April 1, 2015....more »
March 24, 2015 16:39
Transelectrica's General Meeting of Shareholders approved the 2015 revenue and expense budget which includes forecasted revenues of 2.67 billion lei, down 7 percent compared to the results anticipated for 2014. Total expenses are expected to g...more »
March 18, 2015 17:10
Bancpost announces the signing of a 3-year financing agreement for a 2-million euro loan with “Traian Vuia” International Airport in Timisoara, funds intended to cover the working capital required by the institution....more »
March 16, 2015 15:45
Foreign direct investment (FDI) in Romania went up by 23.5 percent in the first month in 2015 compared to January 2014, amounting to 299 million euro according to a report released by Romania’s Central Bank....more »
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