Govnet

General

The New Union Customs Code: Romania has several years ahead before full transition to an electronic system

After more than twenty years since the last major changes to the customs legislation, the European Union will change its Customs Code. The new provisions that will reform customs legislation will take effect on May 1st, 2016. The companies involved in foreign trade operations are directly affected by the new provisions. They should act early this year to comply with the new changes in order to avoid discontinuing / changing in mid-2016 they ways they are currently conducting customs clearance.

Electrica: Preliminary negotiations on the potential acquisition of FP's stakes in its subsidiaries fail

The preliminary negotiations between Electrica and Fondul Proprietatea for the potential acquisition of the minority stakes the fund holds in the company's three distribution subsidiaries, as well as in its supply division, have failed, according to announcements sent to the Bucharest Stock Exchange, where the two entities are listed.

Angelo Zuccala, named as General Manager of Crowne Plaza Bucharest

FedEx expands European capabilities by acquisition of TNT Express for EUR4.4 bn

New debut on AeRO: Generalcom transfers from the RASDAQ market on BVB’s alternative trading system

The New Union Customs Code: Romania has several years ahead before full transition to an electronic system

Valerio Brenciaglia takes the lead of Ford Romania's Sales Division

Electrica: Preliminary negotiations on the potential acquisition of FP's stakes in its subsidiaries fail

Endava appoints Eoin Woods, formerly UBS executive, as new Chief Technology Officer

Romanian companies, more optimistic about business growth in 2015 than foreign-owned ones