Economics
February 18, 2015 16:37
The Romanian Government has released the draft Tax Code which proposes a series of fiscal measures such as a diminution of the VAT, a reduced flat tax, as well as lower social security contributions for both employers and employees....more »
February 17, 2015 14:56
Rompetrol Rafinare, member of KMG International has posted a gross turnover of 5.6 billion dollar last year, 15 percent more than in 2013, while the operational profit tripled from 29 million dollar in 2013 to 86 million dollar in 2014 as a result of the record-breaking volume of processed feedstock, over 5 million tonnes, at Petromidia refinery. ...more »
February 17, 2015 11:53
Electrica has reported a net profit of 280.5 million lei in 2014, the year when the company was floated on the Bucharest Stock Exchange. ...more »
February 16, 2015 16:28
Electrica is discussing with Fondul Proprietatea about the potential acquisition of the minority stakes the fund holds in its three distribution subsidiary, as well as in its supply division, the distribution and supply company announced in a release sent to the Bucharest Stock Exchange....more »
February 16, 2015 14:39
Delivery Solutions, the operator of courier company Sameday, is preparing for its listing on the new alternative trading system of the Bucharest Stock Exchange (BVB), AeRO, thus becoming the first company of its kind to enter the capital market....more »
February 16, 2015 11:30
Foreign direct investment (FDI) in Romania has declined last year, amounting to 2.43 billion euro, down 11 percent from 2.71 percent in 2013, according to data released by the National Bank of Romania (BNR)....more »
February 13, 2015 17:22
A strategic component of the National Energy System (NES), the hydropower sector is strongly affected by the burdensome taxes, such as those on special constructions, water use or the lease price for low river beds, as well as by the problems caused by an unstable legislative framework or the trading of green certificates. ...more »
February 13, 2015 17:18
Romania’s Gross Domestic Product (GDP) increased by 2.9 last year, after a 0.5 percent advance in the last quarter of the year compared to the previous three months, indicates a report released by the National Institute of Statistics (INSSE)....more »
February 11, 2015 16:26
NEPI's
development pipeline, including redevelopments and extensions to
secured acquisitions, has increased to 547 million euro (estimated at
cost), up 42 percent compared to the previous year, 176 million euro
having been spent by 2014 year-en...more »
February 10, 2015 17:39
The
Bucharest Stock Exchange has reported preliminary revenues of about
26.9 million lei, up 10.6 percent compared to 2013 results, while the
related profit advanced by 25.4 percent to 11.9 million, above the
figure projected for 2014.
The
pr...more »
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