Found 19522 news
The introduction of the special construction tax should be postponed for 90 days, sources close to the talks say, during which the government should discuss with the companies directly affected by it to find an acceptable solution to all parties.
The government on Monday announced the adoption of the emergency ordinance aimed at curbing budget deficit to 7% in 2025, as undertaken before the European Commission.
The special construction tax will not be levied unless enforcement guidelines have been issued first and the finance minister has had talks with the major companies that have investments planned, Prime Minister Marcel Ciolacu said at the Victoria Palace on Monday.
Kastamonu Romania, controlled by Türkiye’s Kastamonu Entegre, forecasts it will end the current year with turnover of around EUR160 million amid a positive market evolution in 2024.
Viarom Construct, owned by Marius Daniel Badina, expects it will end the current year with turnover worth around RON264 million (EUR53 million), up 35% from 2023, in line with ZF calculations based on company and Finance Ministry data.
Romania’s state-run national gas transmission company Transgaz has earmarked EUR4.16 billion for 13 major investment projects related to gas transmission, scheduled for completion in 2025-2033, in line with data included in the Development Plan for the National Gas Transmission System.
Natural gas producer and supplier Romgaz (SNG.RO) on Friday announced having made a term deposit without auto-renewal option of RON170 million with Exim Banca Romaneasca.
Fly Lili, held by German businessman Jürgen Andreas Faff, announces that it will temporarily suspend flights operated to and from Brasov Ghimbav International Airport, starting January 10, 2025.
Population and company deposits in November totaled RON614.4 billion, up 10.6% from the same period of 2023 (5.2% in real terms), after local currency deposits went up by 13.7% and foreign currency ones by 3.7%, in line with central bank data.
Private lending rose by 8.8% in November against the same period of 2023, to a total amount of RON418 billion, after local currency loans increased by 11.5% and foreign currency ones by 3%, central bank data showed on Friday, December 27, 2024.
Cosmin Moldovan, founder and general manager of Moldovan Carmangerie, an integrated business of Cluj county, says the group currently has two pre-cooked food production units and given the upward trend of the segment he will invest in a new production unit centered exclusively on this type of product.
National oil carrier via pipelines and tanker railcars Conpet Ploiesti (COTE.RO) on Tuesday notified the Bucharest Stock Exchange of having signed two agreements for oil transportation services.
Romania's finance ministry has attracted almost RON1.5 billion and EUR225.3 million (values totaling RON2.6 billion – EUR523.1 million), through the sixth primary offer for the sale of FIDELIS government bonds for the retail investors, held in 2024 through the Bucharest Stock Exchange’s systems.
Ototo, a retailer that brings hundreds of independent brands under its umbrella, continues its expansion both in Romania and abroad, namely, in Vienna, where it has already opened its first store.
RTPR has assisted Grup Serban Holding and its subsidiaries in relation to a EUR73 million syndicated facility for the refinancing of the existing debt and the development of its activity.
Romanian natural gas producer and supplier Romgaz (stock symbol: SNG) has informed its shareholders and investors in a stock market report on Dec. 24 that Fitch Ratings has revised the company's outlook to ‘Negative’ from ‘Stable’ and affirmed its 'BBB-' Long-term Issuer Default Rating (IDR).
Entrepreneurial company Grup Serban Holding (stock symbol: GSH), which operates in agriculture, has announced in a stock market report on Dec. 23 that it has successfully finalized the signing of its first-ever syndicated financing.
The Board of Directors of Romanian company Turism Felix (stock symbol: TUFE), which manages five hotels in Baile Felix resort of Bihor county, has approved the conclusion of a franchise contract with Accor Hotel Services Magyarország Kft. Budapest, the Bucharest branch, Turism Felix has announced in a stock market report on Dec.23.
Global Archive Management (GAM), a local company specializing in document archiving services, ends 2024 with an 18% increase in turnover compared with 2023, to RON18 million, as per data released by GAM representatives.19522 items