12 January 2011

Telecom company Romtelecom will sack up to 1,400 people this year, part of its previously started cost reduction program. “Our long term concern is to have a viable, strong and active company. These projects involve not only a drop in the number of employees. However, many of the projects we consider include a staff reduction, considering that our aim is to do more with fewer resources,” said Yorgos Ioannidis, general manager of Romtelecom.

12 January 2011

The price of gas went up by 30 percent in Romania last year, according to the National Union of Transporters in the country. The price of gas in Romania, without taxes, is higher than in other European countries without own resources and without maritime access. Taxes- excises and VAT- make up for around 45 percent of the price of gas in Romania.

12 January 2011

Real estate investment in Central and Eastern Europe reached EUR 5 billion last year, up 90 percent on 2009, with Romania drawing in 7 percent of the total, according to property consultants CB Richard Ellis.

11 January 2011

The Romanian authorities’ plan to collect taxes on high wealth will target about 1-2 percent of contributors, Finance Minister Gheorghe Ialomitianu has said. He added that fiscal authority ANAF will set up several departments tasked with checking wealthy individuals.

12 January 2011

Telecom company Romtelecom will sack up to 1,400 people this year, part of its previously started cost reduction program. “Our long term concern is to have a viable, strong and active company. These projects involve not only a drop in the number of employees. However, many of the projects we consider include a staff reduction, considering that our aim is to do more with fewer resources,” said Yorgos Ioannidis, general manager of Romtelecom.

12 January 2011

The price of gas went up by 30 percent in Romania last year, according to the National Union of Transporters in the country. The price of gas in Romania, without taxes, is higher than in other European countries without own resources and without maritime access. Taxes- excises and VAT- make up for around 45 percent of the price of gas in Romania.

12 January 2011

Real estate investment in Central and Eastern Europe reached EUR 5 billion last year, up 90 percent on 2009, with Romania drawing in 7 percent of the total, according to property consultants CB Richard Ellis.

11 January 2011

The Romanian authorities’ plan to collect taxes on high wealth will target about 1-2 percent of contributors, Finance Minister Gheorghe Ialomitianu has said. He added that fiscal authority ANAF will set up several departments tasked with checking wealthy individuals.

Romania Insider Free Newsletters