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Romania slightly improves ranking on ease of paying taxes

Country Investment Reviews November 21, 2013 11:12 0 comments

Romanian taxpayers have to spend around 200 hours yearly to comply with the tax legislation, underlining one of the core issues faced by companies doing business in Romania. The country has moved up two places…more »

Romania’s government to roll out new taxes in 2014

Finance November 05, 2013 14:54 0 comments

The government announced on Monday a new raft of tax initiatives, following the completion of next year’s budget talks with international lenders of the likes of the IMF and the World Bank. Authorities want to…more »

Romania seeks US investments in key sectors

Investment Reports October 28, 2013 05:42 0 comments BR Exclusive

PM Victor Ponta pledged stability and predictability to top representatives of large American corporations during a three-day visit to the US. Ponta, who is the first Romanian PM to visit the US in ten years,…more »

Romania’s new insolvency code to be enforced starting October 25

Banking October 07, 2013 10:00 0 comments

The new insolvency code will be rolled out in three weeks time after the government passed it on Wednesday through an emergency government ordinance, in a move which came as a surprise for the consortium…more »

Minister Sova outlines new PPP law aimed at spurring investments

Country Investment Reviews October 07, 2013 04:59 0 comments BR Exclusive

A new public-private partnership (PPP) draft bill, which is designed to make such projects bankable, has been sent to Parliament for the final vote, in a move to win the backing of foreign investors for…more »

Filantropia Hospital marks 200th anniversary

Healthcare October 02, 2013 10:22 0 comments

The Filantropia Hospital in Bucharest celebrates this week 200 years of existence on the Romanian healthcare market, turning into a center of excellence for obstetrics and gynecology in the past 131 years. MD Constantin Caracas,…more »

Romania’s Nuclearelectrica listing raises EUR 63 million

Power September 23, 2013 11:36 0 comments

The energy department said on Monday the government raised RON 281 million (EUR 63 million) from listing a 10 percent stake in state-owned Nuclearelectrica, the nuclear power producer. Following the listing, the company increased its…more »

Romanian government to cut VAT for bread to 9 percent

Agriculture July 30, 2013 12:53 0 comments

The government got the IMF’s approval to reduce the VAT on the bread production chain from 24 percent to 9 percent, in a measure PM Ponta says could curb the rampant fiscal evasion in this…more »

Romania aims to raise EUR 600 mln from Romgaz IPO

Oil & Gas July 25, 2013 15:26 0 comments

The Ministry of Economy estimates it could raise EUR 600 million from listing a 15 percent stake in Romgaz, the state-owned gas producers, analyzing the potential of a dual listing. The listing is scheduled for…more »

Utilities seek guarantees for deferred green certificates

Green & Renewables July 24, 2013 13:46 0 comments

Representatives of the ACUE Federation (Association of Energy Utilities) outlined the issues stemming from the reduction of the renewable support scheme during talks with a joint mission of the IMF, World Bank and European Commission,…more »