Tag "Románia"
The VAT reduction did not hit a hole in the Romanian budget
Government revenues have not decreased, despite the June introduction of the discounted 9 percent VAT on food, catering and non-alcoholic drinks in Romania – Victor Ponta Romanian Prime Minister said....
Read moreThe IKEA Group bought forests in Romania
The IKEA Swedish furniture producer and retailer group bought 33,600 hectares of forests in Romania, thus consolidating its investments in the country. The acquired woodlands are mainly located in central...
Read moreThe volume of retail sales in Romania increased by four percent
The volume of Romanian retail sales increased by 4 percent in the first five months of the year, compared to the same period of last year – the Romanian National...
Read moreElectronic holiday voucher cards will be introduced in Romania
Klaus Iohannis Romanian head of state announced the law amending the holiday voucher system on Monday. The new system – while maintaining the previous paper-based system – allows the employers...
Read moreThe IMF doesn not like the Romanian VAT reduction
The Romanian government's plan to reduce the current 24 percent general VAT rate to 19 percent can cause substantial government deficits – the International Monetary Fund (IMF) believes. Guillermo Tolosa,...
Read moreVAT on food decreased by 9 percent in Romania
The government decree on the extension of the reduced VAT rate entered into force in Romania on Monday. The manufacturer and distributor companies should use a 9 percent VAT rate...
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The Romanian government has abolished the taxation of tips
The government decree on the taxation of tips has been in force since early May in Romania. The Romanian government terminates the taxation on tips that was introduced a few...
Read moreRomanian retail sales increased by three percent in the first quarter
According to the raw and calendar adjusted data, the volume of the Romanian retail sales increased by three percent in the first quarter of 2015, compared to the same period...
Read moreThe number of guest nights increased in Romania
In the first quarter of this year, the number of guest nights increased in Romania by almost 15 percent, compared to the same period of last year – the Romanian...
Read moreThe Romanian Prime Minister threatens the department store chains with a special tax
Victor Ponta Romanian Prime Minister threatened the department store chains in Romania with a special tax, if it is proved that they try to take advantage of the reduction of...
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Tip to be taxed in Romania
Tip to be taxed in Romania – the Romanian government adopted the emergency regulation on the matter on Wednesday in Bucharest. According to the provision, the commercial units must register...
Read moreVAT on food to be reduced from June in Romania
The VAT on all the food products and non-alcoholic beverages will be decreased to 9 percent from June in Romania – Victor Ponta Prime Minister announced on Tuesday at a...
Read moreThe Romanian grape harvest fell by more than one-fifth last year
Last year, the grape harvest in Romania decreased by 20.8 percent. The planted area shrank by 0.6 percent compared to the year before – the Romanian national statistical institute announced...
Read moreRomania can export pork to China
Romania can start pork exports to China, after the authorities of Far Eastern country approved the exporting activities of a company in Romania – Victor Ponta Romanian Prime Minister announced...
Read moreForeign tourists spent 60 million euros more in Romania last year
Last year, foreign tourists spent 60 million euros more in Romania. The number of foreign tourists, increased by 11 percent compared to 2013 – the Romanian national statistical institute announced....
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Danubius Hotels expects a 30 percent higher income in Romania this year
The Danubius Hotels expects a 30 percent higher income in Romania this year, compared to last year – the company told. According to the Mediafax news agency, the Hungarian company...
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The Covasna county consumer protection backed out in case of the fine implemented on Székely Flavors
The leaders of the Covasna county consumer protection authority recognized that they need to punish primarily due to expired products – the Háromszék daily wrote on Tuesday. The Covasna County...
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The Romanian consumer protection objected the “Székely Flavors' product labels
The Romanian consumer protection authority obligated a meat company to replace its “Székely flavors” labels – the Krónika Transylvanian Hungarian newspaper published on Friday. The article quoted the communication of...
Read moreRetail sales increased by 7 percent in Romania last year
Last year, retail sales increased by 7 percent in Romania, compared to 2013 – teh Romanian national statistical institute announced on Tuesday. The increase is mainly due to the 10.6...
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