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Finance Ministry eyes salaries paid as dividends, plans tax increase
After the single quota, the Finance Ministry is now planning a new surprise for corporate taxpayers: the cut in the profit tax from 25% to 20% along with an increase in the dividend tax from...
Gourmet plans to regain position
Charcuterie and meat products maker Gourmet plans to invest some 5.7m euros in expanding the activity of its factory and in building a new one for processing meat. The new investments are in...
Timofte i-a plans pe umar lui Iliescu
Conflictul fara precedent dintre directorul SRI Radu Timofte si Comisia parlamentara care ii controleaza activitatea se amplifica in conditiile in care in acest cerc este implicat si presedi...
GlaxoSmithKline plans to make patent drugs in Romania
GlaxoSmithKline British group, the second largest drug maker in the world, has recently concluded a restructuring plan aimed at its European operations, following which Romania's contributio...
Germany's Continental has big plans for Romania
German company Continental, one of the world's largest automotive groups, has big plans for the Romanian market, under its cost-cutting strategy. Continental, which owns two plants in the Ro...
Bunge plans to invest in agriculture
After having recently bought two Romanian edible oil makers, the Americans at Bunge Ltd., one of the world's leading companies in the foodstuffs industry, are now contemplating new opportuni...
Farmexim plans 21% turnover increase
Drug distributor Farmexim Bucharest, one of the most important such companies on the Romanian market, estimates $39m turnover for this year, 21% higher than in 2002. The company plans to gai...
RWE backs out, upsets PricewaterhouseCoopers' plans
German RWE Group's decision to freeze all acquisitions in Eastern Europe, including that of Electrica's Muntenia Sud branch has upset consultant PricewaterhouseCoopers' plans. The consulting...
Lek changes plans for Romania
The acquisition of Slovenian Lek Company by Swiss Novartis Group will entail a major reconsideration of the operations of the two companies in Romania: the newest Lek factory in Targu Mures...