Romania issued state aid worth EUR 1.3 billion during 2019-2023, with 62% of the projects being granted to foreign...
The shareholders of Kilpatrick Executive Search have brought Talent Works International on the Romanian market. Bogdan Dragoescu will lead the Talent Works International Romania teams in Bucharest and Timisoara. He has more than 15 years of experience in Business Management Consultancy. Dragoescu is a Psychology graduate with a Professional Diploma in Management.
UniCredit Tiriac Bank expects foreign direct investments in Romania to stay between EUR 4 and 5 billion this year. The bank's chief economist Rozalia Pal believes Romania will continue to see negative results in the first and second quarters of the year, which will influence the investor sentiment.
Romania posted the seventh growth in installed wind power capacity among the European Union member states in 2010, namely a 448-megawatt increase to a total of 462 MW, according to a report of the European wind energy association EWEA.
Around 70,000 tax payers have acquired digital certificates in order to submit their fiscal declarations online in Romania, according to the National Agency for Fiscal Administration (ANAF). The companies which haven't acquired digital certificates have a six-month grace period to do so and can still submit the declaration in hard copy at the ANAF offices. In total, around 470,000 tax payers have to submit the single declaration for social contribution and income tax.- the 112 declaration.
Two deals with Fondul Proprietatea shares worth EUR 9.9 million were carried through on Wednesday morning on the Bucharest Stock Exchange, according to Ziarul Financiar. As many as 66.5 million Fondul Proprietatea shares were sold in these two transactions, at an average price of RON 0.633 per share.
The Romanian roofing products market reached EUR 75 million in 2010, with metal roofing covering half of the market, according to an estimation by Finnish company Ruukki Romania. The company saw an increase of 8 percent in its metal roofing sales in Romania last year on the previous. Metal roofing makes around 16 percent of Ruukki Romania's sales.
Indian carmaker Tata Motors plans to export its low cost model Nano, the cheapest car in the world, to several countries, among which Romania. The company has recently finalized a study which showed the car can be adapted to fit the needs of new markets like Romania, Turkey, Brasil, Thailand, Bangladesh and Sri Lanka.
The rate of new employments in Romanian companies dropped by 75 percent on the year in 2009, because of the economic crisis, while dismissals septupled, according to a survey by consultancy firm PricewaterhouseCoopers. Furthermore, the crisis brought resignations down from 18.3 percent in 2008 to 8 percent in 2009, according to the PwC Saratoga Romania 2010 survey.
The retailers in the AFI Palace Cotroceni shopping center cashed in EUR 164 million in total sales last year, according to Mediafax newswire. 33 retailers out of 280 have been replaced in the shopping center during the first year of activity, said Visel. The shopping center was opened in November 2009 and has an average traffic of 50,000 people a day during week days and around 80,000 during the week-end.
The shareholders of Kilpatrick Executive Search have brought Talent Works International on the Romanian market. Bogdan Dragoescu will lead the Talent Works International Romania teams in Bucharest and Timisoara. He has more than 15 years of experience in Business Management Consultancy. Dragoescu is a Psychology graduate with a Professional Diploma in Management.
UniCredit Tiriac Bank expects foreign direct investments in Romania to stay between EUR 4 and 5 billion this year. The bank's chief economist Rozalia Pal believes Romania will continue to see negative results in the first and second quarters of the year, which will influence the investor sentiment.
Romania posted the seventh growth in installed wind power capacity among the European Union member states in 2010, namely a 448-megawatt increase to a total of 462 MW, according to a report of the European wind energy association EWEA.
Around 70,000 tax payers have acquired digital certificates in order to submit their fiscal declarations online in Romania, according to the National Agency for Fiscal Administration (ANAF). The companies which haven't acquired digital certificates have a six-month grace period to do so and can still submit the declaration in hard copy at the ANAF offices. In total, around 470,000 tax payers have to submit the single declaration for social contribution and income tax.- the 112 declaration.
Two deals with Fondul Proprietatea shares worth EUR 9.9 million were carried through on Wednesday morning on the Bucharest Stock Exchange, according to Ziarul Financiar. As many as 66.5 million Fondul Proprietatea shares were sold in these two transactions, at an average price of RON 0.633 per share.
The Romanian roofing products market reached EUR 75 million in 2010, with metal roofing covering half of the market, according to an estimation by Finnish company Ruukki Romania. The company saw an increase of 8 percent in its metal roofing sales in Romania last year on the previous. Metal roofing makes around 16 percent of Ruukki Romania's sales.
Indian carmaker Tata Motors plans to export its low cost model Nano, the cheapest car in the world, to several countries, among which Romania. The company has recently finalized a study which showed the car can be adapted to fit the needs of new markets like Romania, Turkey, Brasil, Thailand, Bangladesh and Sri Lanka.
The rate of new employments in Romanian companies dropped by 75 percent on the year in 2009, because of the economic crisis, while dismissals septupled, according to a survey by consultancy firm PricewaterhouseCoopers. Furthermore, the crisis brought resignations down from 18.3 percent in 2008 to 8 percent in 2009, according to the PwC Saratoga Romania 2010 survey.
The retailers in the AFI Palace Cotroceni shopping center cashed in EUR 164 million in total sales last year, according to Mediafax newswire. 33 retailers out of 280 have been replaced in the shopping center during the first year of activity, said Visel. The shopping center was opened in November 2009 and has an average traffic of 50,000 people a day during week days and around 80,000 during the week-end.