September 19, 2018

Romanian insurance market went up

According to the Insurance Supervisory Commission (CSA), general and life insurance market still stands at the previous level of 2009, but in 2012 was reached the first recorded growth, of 5.8% to 8.27 … [Read more...]

Romania to pay back17.7 million euro from EU funds

The European Commission (EC) called on Romania on Tuesday to refund an amount of 17.7 million euro from EU funds spent incorrectly on Common Agricultural Policy (CAP), similar requests being sent to other … [Read more...]

Romanian software companies participate in Mobile World Congress in Barcelona

Eleven Romanian software companies participate in Mobile World Congress Barcelona 2013 over 25 and 28 February. This is the second participation for Romania, ARIES informs. The Congress combines the largest … [Read more...]

Romanian President Traian Basescu received the president of PACE at the Cotroceni Palace

On Tuesday, the Romanian President Traian Basescu received the president of the Parliamentary Assembly of the Council of Europe Jean-Claude Mignon in the Cotroceni Palace. Basescu thanked him for the support … [Read more...]

Romania still on 10th position on wind investments

According to professionals services firm Ernst & Young (E&Y), whose quarterly index kept Romania on the 13th spot, ahead of Poland or Spain, Romania stayed among the most attractive destinations … [Read more...]

Some 49 % of Romanian children aged less than 18 at risk of poverty or social exclusion in 2011 – Eurostat

A Eurostat report reads that on the risk of poverty or social exclusion, children are at greater risk than the rest of the population. In 2011, the highest shares of those aged less than 18 who were at … [Read more...]

Trangaz net profit loses 27 % in 2012

The unaudited net profit of Transgaz fell by 27 % to RON 281 million, while the turnover lost 0.7 % to RON 1.3 billion (EUR 291 million). The decreased profit was due to a reduction of 547 million cubic … [Read more...]

Hungary’s Magyar Posta interested in Romanian Post

On Wednesday, Hungarian state-owned company Magyar Posta announced on Wednesday it is interested in buying the Romanian Post and will decide on a possible investment depending on the privatization’s … [Read more...]

Collection of taxes will increase after ANAF restructuring – AmCham

The restructuring of the National Agency for Fiscal Administration (ANAF) can lead to an increase of the collection rate of taxes and dues by 5-6 % of the GDP, like it happened in Bulgaria, from 31-32 … [Read more...]

Pricing pressure and cost cutting are top risks for business in 2013 – E&Y

According to a report released yesterday by Ernst & Young, based on a survey of senior executives from 641 companies in 21 countries, the global economic outlook remains uncertain, companies have shifted … [Read more...]

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