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Monthly Archives: July 2016

Simona Halep wins Rogers Cup title in Montreal


 Romanian tennis player Simona Halep, 5th WRA, has won the WTA tournament in Montreal, with prizes amounting to USD 2,413,663 on Sunday after defeating in the final American tennis player Serena Williams7-6 (2) 6-3. Simona Halep won her third title ...

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Orange Code for heat wave in southern Romania, Bucharest. Temperatures on Monday up to 37-38 degrees C

orange code

An orange code for heat wave enters into force tomorrow afternoon in Dolj, Olt, Teleorman, Giurgiu, Calarasi, Ialomita, Ilfov counties and Bucharest. Temperatures will climb to 38 degrees C, even 39 degrees C in some areas. In addition, thermal discomfort ...

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Romanian students, big winners of this year’s Microsoft Imagine Cup Championship

source: blogs.microsoft.com

Flavia Oprea, Iulian Mateșică and Cristian Alexandrescu, three students of the Polytechnic University of Bucharest, won the grand prize at this year’s Microsoft Imagine Cup Championship, during a live broadcast and in front of hundreds of students in the Quincy ...

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Payroll tax exemption and reduced VAT enter into force from August 1

tax exemption

Low VAT of 9 percent in agriculture and 16 percent tax exemption on the income of employees in research will take effect as of August 1, profit.ro informs. The two amenities were approved by Emergency Ordinance 32/2016 and need ministers’ ...

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Romanian Presidency buys cars through the ‘Car scrappage’ programme

Car scrappage

The Administration of Cotroceni Palace is interested in buying new cars using car scrappage programme ‘Rabla’, digi24.ro informs. Thus, Presidential Administration launched an electronic auction for 20 cars at an estimated price of almost RON 1 million. Half of them ...

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Short selling, available on Romanian capital market as of August 2

Short selling

Bucharest Stock Exchange (BVB) and Central Depository (CSD) allow those interested to make operations of lending and borrowing, short selling and buying on margin, which are available from August 2, 2016 in a new and flexible regulatory framework, a press ...

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SOEs to benefit from EBRD experience to improve corporate governance

corporate governance

Good corporate governance of Romanian state-owned companies (SOEs) was the focus of a two-day workshop jointly organised recently by the European Bank for Reconstruction and Development (EBRD) and the Romanian Ministry of Economy, Commerce and Relations with the Business Environment ...

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‘Hammond, Minciu & Associates’, Globalaw sole representative in Romania


Globalaw, the international legal network of independent law firms has appointed Hammond, Minciu and Associates (HM&A) as its sole representative in Romania, a press release informs. “HM&A’s appointment by Globalaw as its sole representative in Romania confirms our firm’s position ...

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Montreal: Halep qualifies to singles, doubles finals


2015 finalist Simona Halep returns to the Rogers Cup final once again after advancing past Angelique Kerber in a thrilling three-set battle, 6-0, 3-6, 6-2. Halep and Kerber renewed their rivalry in a rematch of last year’s round of 16 ...

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