Financial news from Romania
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The Fiscal Code, came into effect starting January 1, brings tax increase for big houses, local taxes exemption for certain companies and taxation of building transactions on total value, not on profi
Tuesday, 02 January 2007
Col. James Caston, 81, spent an afternoon with an iconic president of the 20th century. He served as a military chaplain in World War II. He traveled the globe.Col. James Caston, 81, spent an afternoo
Tuesday, 02 January 2007
The Greeks at Piraeus Bank have voiced ambitious plans for the bank's local branch, which should double its turnover in 2007. "We will double the number of clients, theThe Greeks at Piraeus Bank
Tuesday, 19 December 2006
... descendant of the Romanian royal family, offered to sell the 800-year-old Transylvanian fortress to the local government.Dracula's castle may change hands again after the U.S.-based owner, a descenda...
Friday, 15 December 2006
Cascade Empire, the local acquisitions division of the Austrian company Holzindustrie Schweighofer, which operates in the field of wood processing, has so far bought 5,000 hectares of forest onCascade
Friday, 15 December 2006
OTP Bank, the local branch of the biggest financial group in Hungary, has set out to attain profit and to rank among the top ten players in the RomanianOTP Bank, the local branch of the biggest financ
Wednesday, 13 December 2006
Gedeon Richter Romania, the local branch of the leading Hungarian drug maker, acquired several pharmaceutical networks on the local market this year, with the combined value of these transactionsGedeo
Tuesday, 12 December 2006
...est-based Practic, controlled by Zerlin Dimofte, father of the head of one of the biggest players on the local real estate market - Radu Dimofte, acquired a set ofBucharest-based Practic, controlled b...
Tuesday, 12 December 2006
Kijs Klomp, general manager of the local branch of ING Real Estate Investment Management (ING-REIM), says the domestic retail market will be the main growth driver of the realKijs Klomp, general manag
Monday, 11 December 2006
The local branch of the American pharmaceutical company Abbott Laboratories posted sales worth over 15 million euros in the first three quarters of this year, 22.9% more against theThe local branch of
Monday, 11 December 2006
Calarasi-based Aldis, one of the top three cold cuts producers on the local market, estimates a 20-25% growth in turnover in 2007, which would push the company's business toCalarasi-based Aldis, one o
Monday, 11 December 2006
Aldis Calarasi, one of the top three charcuterie producers on the local market, estimates turnover will rise by 20-25% in 2007, to over 100 million euros.
The company willAldis Calarasi, one of the t
Friday, 08 December 2006
Last week, IT distributor RHS Company bought 51% of TNT Games, a local company that distributes game consoles and video games. Officials of the two companies disclosed to ZFLast week, IT distributor R
Friday, 08 December 2006
Porsche Romania, importer of the Audi brand on the local market, sold over 1,400 Audi-branded cars in the January-October period, 38% more against last year, according to data ofPorsche Romania, impor
Wednesday, 06 December 2006
Special beers are one of the latest trends in terms of consumption on the local beer market, but cover only 3% of the market currently, with beer specialties accountingSpecial beers are one of the lat
Monday, 04 December 2006
[ Age 84 ] Graduate of Princeton University was active in local politics and refereed college and high school games Edward Alexander Griffith III, a retired commercial real estate broker and apprais
Friday, 01 December 2006
... testing solutions for equipment and communication networks, this year earmarked 7 million euros for the local software development centre, Andrei Pitis, developmentIxia, one of world's leading provid...
Friday, 01 December 2006
... ROMANIA: Some Local Tax Exemptions May be Lifted ... per cent tax on the value of real estate transactions, distinct taxation layers for capital market ...
... ROMANIA: Some Local Tax Exempti
Wednesday, 29 November 2006
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