November 23, 2017

Omniasig VIG gross written premiums down 18.8 % in Q1 on weak economy

In the first quarter of this year the volume of gross written premiums by Omniasig Vienna Insurance Group fell by 18.8 % to RON 282 (EUR 64 million) because of underperforming sectors depended to insurance … [Read more...]

More than 100,000 Romanians own DSLR cameras – Canon estimates

According to Victor Matei, partner channel manager at Canon Business Solutions, some 300,000 photo cameras have been sold last year in Romnaia. Also he said that the budget products represent the largest … [Read more...]

Owners of green buildings in Cluj benefit of 50 % reduced property taxes

A decision of Cluj county council, announced also by Romanian Green Building Council, reads that starting the fiscal year 2013, the owners of green buildings in Cluj-Napoca will pay only half of the property … [Read more...]

Romanian and Saudi commerce chambers sign cooperation agreement

At the signing of the cooperation between Bucharest Chamber and the Chamber of Commerce and Industry Jeddah (Saudi Arabia) were identified areas where collaboration between Romania and Saudi Arabia may … [Read more...]

Part of Unirii Blvd becomes pedestrian this year

General Mayor Sorin Oprescu said on Tuesday that the Unirii Boulevard, more specifically the segment between Unirii Square and Constitution Square, will become a promenade area. The project will be implemented … [Read more...]

Sole traders and microenterprises with turnover under 65,000 Euro to be exempt from VAT

PM Victor Ponta said that registered sole traders and microenterprises that have a turnover of less than 65,000 Euro per year will be exempt from paying VAT, under an emergency ordinance passed by the … [Read more...]

The refund applications for European money to be more simple

PM Victor Ponta said the simplification of procedures for the processing of refund applications regarding European funds proposed by the Ministry of European Affairs was analyzed during the Government … [Read more...]

Consumer spending down 0.2 % year-on-year in Q1 in the EU

According to the Visa Europe EU Consumer Spending Barometer press release, in the first quarter (Q1) of 2012, consumer spending in the European Union was subdued registering a decline of 0.2 % across the … [Read more...]

Bookfest opens @ Romexpo

First-class Romanian and foreign authors are expected at the Bookfest International Book Fair. The 7th edition opened its gates in Bucharest and has France as the guest of honor. Bookfest will run May … [Read more...]

PostMaster plans EUR 1 mln investment

Romanian PostMaster is the largest private distributor of unaddressed mail and operator of private postal services. In 20122, the company reported a net profit of RON 2.2 million (EUR 492 million) and … [Read more...]

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