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Budget to get more revenues from indirect taxation
The Government expects revenues to the state budget to amount to 246,000 billion ROL this year, up 5,300 billion ROL from the original estimates. According to the rectified budget, the incre...
Petromidia debt for equity swap may get the go-ahead
After several months of careful consideration, the Government seems to have realised that the only way to solve the problem of Petromidia's historical debts is the solution suggested this sp...
Noble Ventures now looking to get $350 million from the Romanian State
U.S. company Noble Ventures has raised the amount requested as damages from the Romanian State in the lawsuit it filed in Washington, after having been ousted from Resita Steel Mill (CSR). T...
Eurobank to get GE's 8.75%
Greek bank EFG Eurobank will not stop at holding a 53.25% stake in Banc Post, as it has pre-emption rights for buying the 8.75% in the Romanian bank currently held by General Electric Capita...
Foreign insurers to get the go-ahead for Romanian market
Few people may have thought about it so far, but whoever has actually dealt with this issue must have dubbed it an absurdity: Romanians or Romanian companies are (still) only allowed to buy...
Home insurance needs quake to get going
More than a year from the moment it was first launched, boosting the sales of earthquake insurance policies - by either fiscal stimulation, coercion or any other means, is still nothing more...
Wolfowitz: Get rid of corruption and spread your wings!
The statements of the US ambassador to Bucharest Michael Guest on corruption in Romania do not stand as a personal opinion but as the official point of view of the United States of America,...
Afaceri de 45 de mil. euro la GET
Grupul Energetic Tender (GET), primul holding din domeniul energetic ce grupeaza Fabrica de Echipamente pentru Centrale Nuclearo-Electrice (FECNE), Nuclearmontaj si Vulcan Bucuresti, estimea...
EBRD and IFC to get first chunk of BCR
After two failed attempts to find a major buyer for Romania's largest bank - Banca Comerciala RomAâsna (Romanian Commercial Bank - BCR), but still under pressure from the International Mon...