The state has a hard time to attract funds from the EUR19.6 billion made available by the EU until 2013. Meanwhile, big companies in Romania have the chance to conduct expansion projects with EU money. … [Read more...]
Distribution Companies Are Hiring
May 25, 2011 By Leave a Comment
Interbrands, Top Brands Distribution and Macromex are some of the biggest fast moving consumer goods distributors that in the last few months have filled recruitment websites with job ads, especially for … [Read more...]
IMF: Romania To Privatize Companies
May 10, 2011 By Leave a Comment
According to an International Monetary Fund official, Romania will shut down, restructure or privatize some state-owned energy and transport companies. This measure is meant to keep their losses from weighing … [Read more...]
Emil Boc: Reorganize State Companies
May 5, 2011 By Leave a Comment
The Romanian Premier Emil Boc declared in Zalau that the list of measures to be taken in the near future also includes the reorganization of state companies. Emil Boc warned that any loss-making state … [Read more...]
Romanian Economy Ministry: Private Managers For State Companies With Losses
April 29, 2011 By Leave a Comment
According to minister Ion Ariton, the Romanian Economy Ministry will name private managers in state companies which post losses. Ariton says that the process of selecting private management is currently … [Read more...]
Economy Ministry: Romania Has To Produce To Exist
April 15, 2011 By Leave a Comment
According to the Economy Ministry, Romania will not give up coal mining or production of energy using this resource. This declaration comes even if in the past 20 years subsidies to support the mining … [Read more...]
Certified Tax Statement Obligation Suspended By Government
April 13, 2011 By Leave a Comment
The Romanian Government decided not to ask companies to certify their yearly tax statements until January 1, 2013. This way, they are to relieve the taxpayers of this additional cost and avoid cases when … [Read more...]
Final Agreement for Renewable Energy Project in Romania Signed By Adama Technologies Corp.
March 3, 2011 By Leave a Comment
Adama Technologies Corp. announced that it has signed a Final Agreement for a renewable energy project in Bucharest, Romania. The release says the permitting process has already begun, recent changes in … [Read more...]
La Fantana: 5% Annual Rise By Household And Water Purifier Segment
February 11, 2011 By Leave a Comment
According to the general manager of water coolers bottler La Fantana, Mihai Matyas, the bet this year is set on purifying systems and on the residential segment. This could boost turnover by 5%, in volume … [Read more...]
Mircea Geoana: More Pragmatism in Republic of Moldova Ties
January 31, 2011 By Leave a Comment
During his visit to Republic of Moldova, senate Speaker Mircea Geoana declared Romania has to show more pragmatism and always be ready “to back its words with deeds” in helping its neighbor’s development. … [Read more...]
