Financial
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 »
March 13, 2015 14:57
Romania’s
exports increased by 6.4 percent year-on-year in January 2015, while
imports had a lower growth rate of 4.1 percent, leading to a trade
deficit of 176.4 million euro, 76.2 million euro smaller compared to
the previous year, announc...more »
March 10, 2015 16:39
Retailers accommodated by AFI Palace Cotroceni, except for Auchan hypermarket, obtained in 2014 higher sales revenues, up by 5 percent versus the previous year, although the number of visitors remained stable....more »
March 10, 2015 10:20
Romanian
International Bank received in February 2015 inflows of 14 million
lei (about 3 million euro) from its major shareholder, Getin Holding.
At the same time, the bank's funds have been consolidated through a
subordinated loan of 1.8 milli...more »
