changes
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LG changes strategy to double sales
In an attempt to boost operations on the Romanian market, South-Korean group LG Electronics has enforced a change in strategy. Whereas the group has worked only with distributor Romanel in t...
RCS&RDS buys TerraSat and changes cable television market hierarchy
The hierarchy of the top five cable television operators has changed. The fourth-largest company on the Romanian cable TV market, TerraSat, was acquired by number two - RCS&RDS group. Hence,...
Changes at Unilever and CIS
Fergus Cass will leave his position as chairman of Unilever South Central Europe, which includes the Romanian branch, at the end of the month. He will be replaced by Martina Kastler, who has...
Oresa changes shareholders and strategy
The sale of Oresa Ventures investment fund for $12 million to Celox, a company held by Jonas af Jochnick, one of the richest businessmen in Sweden and the man who had initially controlled it...
Don't start working on those accounting books just yet! New tax law changes in store
It looks like the Romanian companies will not see their dream of stable tax legislation come true this year. Only six months after having been enacted, the Profit Tax Law and the VAT Law are...
Finance Ministry has major tax changes in store. For 2004
Since the 2003 budget has been endorsed by a law, next year will not see any major tax changes, Finance minister Mihai Tanasescu says. The significant modifications, either good or bad for t...
Government changes accounting Law
Government changes accounting Law
Government changes accounting Law
The Government on Tuesday discussed the ordinance draft regarding the modification and completion of accounting Law 82/1991 republished. The new form aims at making the accounting Law compli...
Possible changes among Cosmorom top managers
After having decided to replace the management of RomTelecom last week, OTE Company, the main shareholder of the Romanian hardline telephony operator, is contemplating the replacement of the...