September 23, 2018

ATE Bank Romania on sale by Piraeus Bank

Piraeus Bank Greece purchased 93.27 % of ATE Bank Romania, according to data posted on the bank’s website quoted by Bank sources announced that Piraeus Bank will sell its stake in ATE Bank … [Read more...]

Kings On Ice 2013 come to Bucharest!

The anniversary gala Kings On Ice will take place at the end of March and will reunite in Bucharest world champions of contemporary artistic skating, the uncontested king of artistic skating, Evgeni Plushenko, … [Read more...]

Perspective As Antidote


This year for Christmas I got a lot of friends as a present from my wife.  These friends appeared in the form of a lot of books, and they were all by my favorite authors (who by now I consider friends … [Read more...]

Romania’s Syscom sees 30% turnover rise in 2012

The net turnover of Romanian firm Syscom 18, specialized in industrial automation and metering system, rose by 30 % year-on-year to EUR 13 million. The growth was sustained by exports in the African and … [Read more...]

Garanti Bank – 2% rise in the Romanian economy in 2013

Rozalia Pal, chief-economist at Turkish Garanti Bank declared that the Romanian economy is estimated to grow by 2 % of GDP this year, sustained by a higher absorption of EU funds for investments and the … [Read more...]

Romania is considering cutting VAT on bread this July

PM Victor Ponta said that as part of a tax pilot project, the Romanian government plans to reduce VAT for bread from 24 % to 9 % starting this July, according to Mediafax newswire. In order to implement … [Read more...]

Chevron gets drilling permit for shale gas in Romania

The county council in Vaslui awarded Chevron last December with the right to drill an exploratory well for shale gas in a locality within the Barlad concession that covers some 600,000 hectares in North … [Read more...]

Co-payment will not apply to emergency services, outpatients, family medicine, medical tests – Health Ministry

According to a Health Ministry report, the co-payment will not be applied to the emergency services, outpatient facilities, family medicine or medical tests, as well as to children, pregnant women, retirees … [Read more...]

Company managers see declines in construction, trade and services, in Q1 2013

According to a press release from the National Institute of Statistics sent to AGERPRES, constructions sector will fall in the first quarter of 2013, trade and services are to record a moderate drop and … [Read more...]

IMF delegation concludes mission

PM Victor Ponta had on Monday the last meeting with the delegation of the International Monetary Fund (IMF), European Commission (EC) and World Bank (WB). The representatives of the three international … [Read more...]

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