by
612 articole · RSS
Single tax quota debated by Government on Thursday
PM Adrian Nastase wants to see the Fiscal Code draft debated during the Government session on Thursday, the version that stipulates replacing the five income category taxation system with a...
Electrolux expands productive capacity by 19%
The Swedish home appliances maker Electrolux increased the cooker productive capacity of the Satu Mare-based plant by 19% in the first eight months of the year. The company invested 2.9 mill...
New clients boost Lotto's Romanian sales by 60%
Italian sportswear maker Lotto sold more than 2.3 million euros' worth on the Romanian market in H1, up nearly 60% from the same time last year. Lotto's full-year target is 4.8 million euro...
CEC's profit unimpeded by restructuring
Casa de Economii si Consemnatiuni (Romanian Savings Bank - CEC) posted 175bn ROL (about 4.6 million euro) net profit in the first half, up nearly 39% in nominal terms and 23% in real terms c...
175m euro bought by NBR in July
The National Bank last month was a net buyer of foreign currency from the forex market, with the heavy fluctuations of the EUR/USD rate on the international market - directly and indirectly...
Petrom privatisation ad by August 15
The Romanian State will sell 33.34% in SNP (National Oil Company) Petrom, Romania's largest company, directly to a strategic investor. The sale will be followed by a capital increase, for th...
44m euros recovered by AVAB
The Banking Assets Resolution Authority (AVAB) logged 1,634bn ROL (43.8 million euros) in revenues in H1, this year, up 27.3% since the year-ago period. The bulk of revenues was made in the...
Craving for imports gets more expensive day by day
The higher and higher appetite for imports has pushed Romania's trade deficit above $2.5bn (2.3bn euros) in the first half of the year, up 47% from the same time in 2002. Six months through...
Connex growth fuelled by static exchange rate
Some companies have been losing money because of the euro appreciation against the dollar, while others earned serious revenues because the ROL/USD exchange rate has hardly budged in the pas...