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Brokers can breathe easy: 16% tax for future gains only
Gains from investments on the Bucharest Stock Exchange, to be taxed by 16% starting next year, will be calculated as the gap between the price for which shares are sold and the last price re...
5m-euro capital increase for Ulker biscuits
Eurex Alimentare, the production company of the Turkey-based Ulker Group has performed a 5 million-euro share capital increase in September this year, according to the data of the National T...
15m euros for production capacity boost
Asas Romania, a Romanian-Turkish joint venture operating in the domain of packaging production has started to make investments worth about 15 million euros in order to triple the production...
A call for a national elite
Today''s Romania is a shadow of what it was a century ago, with the country''s elite - corrupt politicians, bandit businessmen, and rude footballers - representing the country on the world s...
Logistics, courier services and distribution boost demand for new trucks
Transport companies replacing their fleets and business growth in the distribution sector have led to an increase of over 12% in the sales of commercial vehicles above 3.5 tonnes, with the p...
Macon Deva aims for 20m euros
Construction supplies producer Macon Deva expects to see turnover grow by 10% this year to 20.7 million euros, according to the company''s representatives. "This growth is due to the investm...
NBG to opt for investments if it loses CEC
The National Bank of Greece, one of the most powerful Greek financial groups, says it will organically develop its business on the Romanian market, where it already owns Banca Romaneasca, th...
Investment pays off for Vincon
Vincon Vrancea, one of the top four players on the wine market announced it made a turnover of 15.9 million euros (58.1 million RON) in the first nine months of this year, an increase of 25%...
Copos collects 23 million euros for 0.9% Connex stake
Vice-premier George Copos sold the 0.9% stake he still held in MobiFon, the company that operates the Connex mobile telephony service, to the British Vodafone Group, in exchange for 16 milli...