Financial experts’ warning: only 4 million euros came from EU in first quarter
Voinea (BNR): 11% of the active non-financial companies had banking loans at the end of 2016
PwC: Romania will start the financial information exchange system in September 2017
Central bank keeps legislative instability among risks to financial stability, yet downgrades it
In its latest Report on Financial Stability the National Bank of Romania (BNR) maintains legislative instability among the risks, yet places it in the ‘moderate, declining’ category, central bank governor Mugur Isarescu on Thursday told the conference for the presentation of the respective Report. “In the current report you will see that the risk of […]
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Coface: Financial losses caused by insolvencies reach highest level
Misu Negritoiu was revoked by the Parliament from the position of the President of the Financial Supervisory Authority
The joint plenum of the Parliament revoked Misu Negritoiu from the position of the ASF President, with 238 “pros” and no “con”. Senators and deputies who were present at the meeting voted in secret, with ballot papers. President of the Financial Supervisory Authority (ASF), Misu Negritoiu, stated on Wednesday in a press conference, that he […]
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Romania to start financial information exchange system as of Sept. 2017
Romania will start the financial information exchange system in September 2017, Mihaela Mitroi, PwC Romania Tax and Legal Services Leader, told a specialist conference on Tuesday. “We encourage communication among us, consultants, your representatives, and the tax authorities. Voluntary compliance is a project dear to us and I believe in it.In Romania, the financial information […]
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The GfK study: 67% of the financial managers of Romania consider that the frequent changes of legislation represent a challenge in the business environment
Praktiker Romania announces financial results for 2016: Sales have increased by more than 3%
For 2016, Praktiker Romania announces an increase in sales of more than 3% over 2015. The positive financial results come in the context of a 4.8% decrease in the construction market over the same period. “For Praktiker Romania, 2016 was a favorable year of financial consolidation, both due to the sales growth and the maintenance […]
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