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Only a quarter of companies have submitted the single statement

Only a quarter of the around 470,000 companies that have to submit the single statement (for the income tax and social contributions) have done so, with long queues expected this week, consi...

Claudia Medrega · 21.02.2011 · 00:09 · 1 min
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Collective employment contracts abolished, fixed-term contracts extended to three years

The Government is considering assuming responsibility in Parliament over a new labour code, which is set to abolish the single countrywide collective employment contract, extend the period o...

Iulian Anghel · 21.02.2011 · 00:08 · 1 min
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Builder of Cluj stadium: Many foreign companies have started to expand plants

Mircea Bulboacă, one of the biggest entrepreneurs in Sibiu, owner of CON-A construction company, which employs 600, says starting in the second half of 2010 a lot of foreign companies with f...

Radu Racu · 21.02.2011 · 00:07 · 1 min
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SIFs fight to bring BCR to the Stock Exchange. Will the Austrians be persuaded?

Tensions among the five SIFs (financial investment companies), holding over 30% in the BCR - the largest bank in the system, and Austrian group Erste, the bank's majority shareholder, have i...

Roxana Pricop · 21.02.2011 · 00:06 · 1 min
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New apartments in Bucharest, unaffordable for those earning less than 600 euros a month

For the vast majority of Bucharest residents the purchase of a new apartment remains an almost impossible mission, considering that for projects within the city limits, studio prices start f...

Cristi Moga · 21.02.2011 · 00:04 · 1 min
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What the NBG-Alpha Bank merger would mean

Alpha Bank has rejected the "friendly" takeover bid by rival National Bank of Greece (NBG), the biggest Greek bank, but the matter is not considered closed, with talks continuing in the bank...

Razvan Voican · 21.02.2011 · 00:03 · 1 min
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Euroholding head: Residential construction segment to first rebound in small towns

The residential construction sector will first rebound in small towns and only then in Bucharest, amid lower stocks of residential buildings outside Bucharest, believes Luca Serena, chairman...

Andreea Neferu · 21.02.2011 · 00:02 · 1 min
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Boteanu, ING: Clients are resuming talks shelved because of crisis

January has paved the way for talks to finance projects that had frozen because of the crisis, says Bogdan Boteanu, 37, deputy general manager of ING Bank in charge of the division dedicated...

Razvan Voican · 21.02.2011 · 00:01 · 1 min
ZF English

Stock Exchange "champions" recover faster than economy

The ten biggest non-financial companies on the Stock Exchange last year reported turnover increases against 2009, with the leaders being companies in the industrial, energy and pharmaceutica...

Andrei Chirileasa · 18.02.2011 · 11:02 · 1 min