companies
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Most companies on the Stock Exchange see business picking up in 2010
Over 80% of major companies listed on the Bucharest Stock Exchange that have published 2010 budgets expect their turnover to pick up after most of them saw significant decline amid the finan...
Large companies have not caused problems to banks, but will not drive up lending, either
The around 100 large companies the NBR views as being of a systemic importance have not had problems in their relationships with commercial banks, despite their turnovers being seriously hur...
Major companies on Bucharest Stock Exchange bet on rebound in 2010
Petroleum company OMV Petrom (SNP), national grid company Transelectrica (TEL), and aluminium smelter Alro Slatina (ALR), three of the biggest ten companies on the Bucharest Stock Exchange,...
Companies may pay both profit and minimum tax
Total taxes owed by companies may reach as much as 30% of the gross profit, almost double the 16% quota if their financial situation fluctuated from one quarter to another last year so that...
Companies: There’s life after insolvency. Consultants: Don’t rely on banks
Most of the companies that went insolvent stand high chances of avoiding bankruptcy, but to do it they must not expect financing from banks.
No changes for profit tax, after all
The Finance Ministry has decided, only two months since the beginning of the year, to drop plans to enforce the advance profit tax payment system for companies, confusing businesses and upse...
10 companies and consortia vying over National Theatre’s 51m-euro modernisation
Ten companies and consortia are vying for the contract for the rehabilitation and expansion of the Bucharest National Theatre (TNB) worth more than 51 million euros without including VAT, th...
In 15 state-held companies average salaries range from 715 to 3,100 euros
The average salary in some state-held companies is 5 or even 7 times higher than the average salary in the economy.
Advice to companies in western Romania: Steer clear of the state
Companies should first consolidate their relationship with existing suppliers, which can provide the cheapest loans, by putting off overdue payments, considering that one has less room to ma...