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Generous, multiple tax cuts take many by surprise
Generous, multiple tax cuts take many by surprise
Hi-tech industry in Romania - many employees, low revenues
Romania is among the Central and Eastern European countries with the most people working in the hi-tech industry and services. However, the revenues per employee are among the lowest as comp...
Many banks, few credits
The 31 Romanian commercial banks and eight foreign bank branches did not manage to bring the financial brokerage level in Romania (the non-governmental lending share in the GDP) to more than...
How many shares will Petrom unionists hold?
The powerful union of SNP Petrom, the largest company in Romania, might lose its right to buy 10% in the company at a par value of 1,000 ROL/share upon privatisation. An emergency ordinance...
Exactly how many taxes are there?
The legislation in effect in Romania since January 1, 2003 sets no less than 225 budgetary obligations to be paid by taxpayers in form of taxes, duties, contributions to special funds and ta...
Euro hike leaves many Romanian bank customers high and dry
The U.S. dollar yesterday plunged close to a three-year low, with the single European currency climbing to 1.0539 USD.Although many analysts had already deemed the euro increase as exaggerat...
1 January: fireworks, champagne and many newcomers on the telecom market
Many companies were in for a rough morning last week. The staff came to work, only to notice that all Internet communications had been cut. Consequently, operations came to a halt and the co...
Talk industry leaves behind many traditional businesses
Internet and mobile telephony will remain among the most dynamic sectors of the Romanian economy over the next few years. Internet usage will increase by about 50% every year, whilst mobile...
Crispy sticks for many cities and counties
Crispy sticks for many cities and counties