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Fiscal Code comes with deductions
The Fiscal Code draft to be enforced as of next year keeps a number of incentives and introduces a series of additional deductibilities for the profit tax payment, VAT cuts for medicines and...
Agriculture profit only comes with large farms
Is it still possible to make profit from farming? Yes. But only if the farm is large enough to benefit from additional support from the State, which has decided to start an extensive campaig...
OTE comes to terms with noteholders
Greek telecommunications company OTE, the majority shareholder of RomTelecom, has announced its noteholders agreed to have certain contractual stipulations modified so that the loan would no...
Last call for privatisation. Liquidation comes next
The Privatisation Authority (APAPS) by the end of June will privatise all the 23 companies set to shed jobs. APAPS seems to have finally made a big decision: anything that cannot be privatis...
MBA comes with 34% raise
Whereas a college degree was all it took to get a managerial position several years ago, it is now harder and harder to get such a job without further training courses. Under the circumstanc...
Soros Investment Capital comes to Romania
Famous American investor George Soros is taking a closer look at the Romanian market, as one of his funds is ready to invest here. The main industries the Soros Investment Capital fund will...
Petrom turnover comes to a standstill
For several years, the turnover of Romania's largest oil company, SNP Petrom, has been unable to move past the two billion-dollar level. On the other hand, private operators are disclosing b...
NATO accession comes with tough test
The risk is that a certain category of triumphalist Romanians could regard yesterday, November 21, 2002, just as they did December 22, 1989 - as a panacea-event, a cure-all that will suddenl...
Nastase Government comes to Victoria Palace
Nastase Government comes to Victoria Palace