government ordinance

The National Bank of Romania (BNR) Governor Mugur Isarescu has criticized the Teodorovici Ordinance, mainly the decision to set a ‘tax on greed’ for banks. Isarescu has criticized the Finance Ministry for not discussing with the banks…

The Bucharest Stock Exchange is again in chaos, on Thursday, after a slight recovery in the first ten minutes of transactions. At 13:00h, immediately after the announcement that the Government ordinance that introduces new fiscal measures…

As of May 20, the legal suspension of the vehicle’s registration certificate will be enforced if the Periodic Technical Inspection (ITP) expires. "The policeman will take over the registration certificate and the plates, will fine you and…

Transgaz registered a net profit of RON 433.552 million in the first nine months of this year, up by 21% against the one in the similar period of 2016, of RON 358.469 million, according to data submitted on Monday by the company to the…

The tax exemption on reinvested profit becomes valid on indefinite term as of January 1, 2017, according to the Government Ordinance no.84 which brings amendments to the Tax Code and to the Tax procedure Code, published by the Official…

The Federation of Trade Unions in Education (FSLI) has expressed disappointment with the public attitudes in recent days by the president, prime minister and representatives of political parties in connection with the amendments to increase…

The Confederation of Operators and Certified Transporters in Romania (COTAR) rejects the Financial Supervisory Authority (ASF) proposal on the level of premiums amounting to RON 7,540 for the compulsory insurance policies (RCA) for vehicles…

American car manufacturer Ford has assumed to conduct additional investments of EUR 130 million in the factory in Craiova, where it will produce a new model of vehicle, whereas the Ministry of Finance (MF) will extend until 2025 the period…

The Government Ordinance on increasing salaries of officials was rejected on Wednesday by the Senate, which is, however, the first Chamber, while the Chamber of Deputies is the decisional chamber. The increase of wages for dignitaries was…