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Sales of subsidised and free drugs surge in Q1
Consumption of subsidised drugs tripled in the first quarter of this year thanks to the subsidising of some drug categories by up to 90% and the uncertainty surrounding the liquidity crisis...
Colgate halts production of Super Cristal
Colgate-Palmolive is to cease making toothpaste at its Brasov factory as part of a larger restructuring programme that will see the closure of four toothpaste factories in Europe, internatio...
Cluj accounts for 40% of Rehaua??s business
Rehau Romania, a manufacturer of construction supplies, has completed a 2.5 million euro investment in new headquarters in Cluj. The building comprises both office space and a warehouse that...
Girly Girls of the World Unite
Picture it: The snow-blanketed slopes of the Sinaia mountains at the peak of the ski season teeming with happy families, couples and friends. A recent expat is standing near the chair lift,...
New developments in the taxation of capital gains
There has been a further series of clarifications in relation to the taxation of gains made from share transactions to come into force on June 1, 2005: the Finance Ministry will continue to...
Four-month car sales half of 2004 figures
Sales of cars on the domestic market fell 8.2% in April compared with the previous month due to the decline in deliveries of locally made vehicles and the increase in the number of imported...
Brainconf profits reach 5% of turnover
Clothing producer Braiconf Braila has reported first-quarter net profits of close to 7.2 billion ROL (0.2 million euros), with gross profits of 8.3 billion ROL (230,000 euros). "The results...
Verestoy Attila declares stock portfolio of over 5m euros
Verestoy Attila, a senator for The Democratic Alliance of Hungarians in Romania (UDMR), has been revealed as the largest investor among senators on the Bucharest Stock Exchange, according to...
IMF wary of the flat tax in "atypical" Romanian economy
IMF wary of the flat tax in "atypical" Romanian economy