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Flat tax project still shrouded in mystery
Finance minister Mihai Tanasescu is not giving up on the flat tax, but cannot say exactly when this measure is going to be enforced. At the same time, PSD (Social Democrat Party) officials a...
Flat tax project still shrouded in mystery
Finance minister Mihai Tanasescu is not giving up on the flat tax, but cannot say exactly when this measure is going to be enforced. At the same time, PSD (Social Democrat Party) officials a...
Flat tax project mired in political talks
The current income tax system for the natural persons, based on an incomplete globalisation of income sources, has yielded no results, although much money has been spent to manage it in the...
$3m project for Impact
Construction and real estate development company Impact will raise an office building in the Pipera - Tunari area in Bucharest by 2005. The Construdava business centre is first such building...
Single tax quota project delays Fiscal Code
Finance minister Mihai Tanasescu last week postponed presenting the progress of the Fiscal Code draft before the Government once again. One of the reasons: the discussions about the replacem...
Rompetrol - CNPC project in Ecuador
Rompetrol Group through its Lumbaqui Oil subsidiary closed a deal with China National Petroleum Corp. (CNPC), which stipulates joint operation of the oil production of the Romanian company i...
$3m real estate project
Ibiza Construct 2000 will invest about 3 million dollars as of September, to build a residential complex in the Pipera area of Bucharest, stated Luis Gabarro Castillo, the company's general...
16m euro housing project
A new residential complex will be built in the outskirts of the Bragadiru commune (southwest of Bucharest) in two years. Erecting the 250 homes will take 16 million euros, as explained by Ni...
First greenfield project on hydroelectric power market
A consortium of five companies headed by private energy company Romelectro was again the only bidder for the $120-$150m hydropower development at Islaz, during the second stage of the tender...