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Tag Archives: state companies

SMEs, against fiscal amnesty

More than two thirds of the Small and Medium Sized Enterprises (SMEs) do not support the idea of fiscal amnesty put on debate by PSD, arguing that such a decision will worsen the problems they face. The National Council of ...

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Tax amnesty is included in the governing programme, it is to be completed without discussions, Premier’s state counsellor Valcov says. Gas price expected to fall

Prime Minister’s State Counsellor, Darius Valcov, announced Monday evening that the tax amnesty is included in the governing programme, it includes the cancelling of some companies’ debts, adding that such things are ‘to be completed and not discussed.’ “Tax amnesty ...

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BVB, still the most dynamic in the region after Warsaw by number of IPOs

Bucharest Stock Exchange (BVB) has become one of the most dynamic markets in Central and Eastern Europe over the past four years, where initial public offers (IPOs) have been successfully concluded. According to the PwC’s IPO Watch Europe reports, BVB ...

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Gov’t approves memorandum requesting state companies to cut down overdue payments by at least 20pc

The government approved during the sitting on Thursday a memorandum containing a series of measures on financial discipline for companies where the state is shareholder. According to the memorandum, state companies should consider in budgeting the revenues and expenses for ...

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Gov’t to get 90pc share of state-run companies’ profit

The Romanian Government has authorized the state representatives in the General Stakeholders Assembly (AGA) and Boards (CA) with the national companies and the companies with full or majority state capital, as well as the autonomous administrations to take the necessary ...

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Nine privatized companies might return to state ownership

Over 1,750 privatization contracts were disbanded by the state in the last 24 years for buyers’ failing to fulfill contractual obligations. At this time, 9 other contracts denounced by authorities for the same reason, are before the courts, a government ...

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BNR’s Isarescu: Today’s legislative innovations are extremely dangerous

Romania needs an entrepreneurial culture improvement, as demonstrated by the large number of companies that constantly record losses and by the extremely dangerous “legislative innovations” which are currently under discussion, central bank Governor Mugur Isarescu stated on Wednesday during the ‘Diaspora ...

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Gov’t to renegotiate the deficit targets with EC and to draft a ten-year investment plan, governing programme says (III)

The new government also vows in the governing programme to renegotiate the terms of the Medium-Term Budgetary Objective (MTO) with the European Commission. Dacian Ciolos Cabinet’s programme also stipulates drafting a ten-year investment plan, agreed by all political parties after ...

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