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21:26, 22.09.2023

Turnover tax to cause losses between 35% - 83% to companies in goods distribution sector

Turnover tax to cause losses between 35% - 83% to companies in goods distribution sectorThe turnover tax will cause losses between 35% and 83% to companies in the goods distribution sector, according to the representatives…




11:45, 15.12.2022

Losses suffered by Romania due to non-adherence to Schengen exceed 25 billion euros (IntMin)

The losses suffered by Romania due to the fact that it does not enter the Schengen area exceed the sum of 25 billion euros, Minister of Internal Affairs Lucian Bode said on Thursday, at the meeting of all the heads…




13:10, 08.12.2022

Austrians should pay losses to Romania's economy due to not being in Schengen (Razvan Nicolescu)

If the Austrians want to exercise their political egos on the European Union in relation to the elections they have in January, then they should pay 200 million euros per month in losses to Romania's economy, because…




15:11, 08.09.2022

Chaotic climate transition could mean losses to Romania (report)

A chaotic climate transition could mean significant losses to Romania, both in terms of competitiveness against other countries in the region and attracting investments, as well as in terms of implementing sustainable…




18:20, 11.08.2022

OTP Bank Romania reports 14 million RON in H1 2002 losses

OTP Bank Romania has recorded a loss of 14 million RON in H1 2022 mainly as a result of rising risk costs, the bank announced on Thursday. Fii la curent cu cele mai noi stiri. Urmărește stiripesurse.ro pe Facebook…




11:16, 10.08.2022

Turism, Hoteluri, Restaurante Marea Neagra company reports increasing losses on H1

Turism, Hoteluri, Restaurante (THR) Marea Neagra company recorded increasing losses to 15.25 million RON after the first half of this year, on the background of a reduction of over 50% in revenues, according to…




19:16, 24.04.2022

21.800 de militari ruşi au fost ucişi în Ucraina în două luni de război - Bilanțul oficialilor ucraineni

Guvernul de la Kiev mai anunţă în acest bilanţ că a doborât 179 de avioane şi 154 de elicoptere şi a distrus 873 de tancuri ruseşti. Information on Russian invasion Losses of the Russian armed forces in Ukraine,…




15:31, 16.03.2022

CCIR and FBI analyse losses caused to companies by economic espionage

Losses caused to companies by economic espionage and the way the US government institutions and agencies cooperate to protect confidential information in the private sector in the event of theft or abuse by external…




13:40, 28.01.2022

Energy suppliers will have losses since drawing up bills (AFEER)

Energy suppliers will have losses once they start drawing up the bills, because the price established through the new bill compensating ordinance is smaller than the company's costs, according to a press release…




12:20, 03.01.2022

European gas extends losses amid rising supplies

Natural gas prices in Europe started the year extending the sharp drop seen in the last month as rising flows eased concerns that supplies could lack during the winter, according to Bloomberg.  Benchmark European…




11:11, 29.09.2021

Cimpeanu: Only by getting vaccinated will we be able to put an end to this health crisis

The Minister of Education, Sorin Cimpeanu, highlighted, on Wednesday, the importance of the anti-COVID vaccination for overcoming the health crisis, so that the schools remain open and the losses in terms of education…




11:00, 13.05.2021

Bitcoin recoups some losses after Musk-triggered tumble

Tesla’s CEO, Elon Musk announced on Thursday at 6:06 a.m. Singapore time, that the value of the whole cryptocurrency market stood at around $2.43 trillion, according to data from Coinmarketcap.com. Hundreds of…




19:55, 08.04.2021

Secretary of State with Education Ministry Kallos Zoltan on online school: Losses will be too high

Secretary of State for Education Kallas Zoltan on Thursday said that if the coronavirus pandemic lasts too long, the children will lose too much by attending online-only courses." While paying a visit to Botosani,…




09:35, 05.03.2021

Transport Minister: Increase in price for subway tickets is one of the options to reduce losses

The increase in the price for subway tickets this year is an option to reduce Metrorex losses, especially since the tariff has not been increased for the past 5-6 years, Minister of Transport and Infrastructure,…




16:16, 03.02.2021

Tourism employers' association's Murad: We want 18-month banks instalments delay, immediate state support

The losses in the tourism industry go up, until now, to over 7 billion Euro and we need a series of measures, such as support from the state and bank instalments' postponement for 18 months, instead of 9 months,…




12:56, 14.01.2021

PM Citu: Highways, but also reforms of subordinate companies

Prime Minister Florin Citu declared on Thursday, that as regards the Ministry of Transportation, beyond the objective of continuing projects regarding highway construction, "the challenge" is reforming subordinate…




22:50, 06.01.2021

CFR Calatori CEO: We'll probably end 2020 with 300-something ml lei in losses

The National Railway Company's passenger arm CFR Calatori will most likely end 2020 with losses of over 300 million lei, but this is still less than the 680 million lei budgeted at the beginning of the year, the…




16:50, 04.01.2021

PM Citu: State companies with losses receive resources from budget based on restructuring plan

Prime Minister Florin Citu announced on Monday, that all priorities from ruling program will have financing in this year's budget, and that state companies with losses will be receiving funds only based on a restructuring…




19:30, 04.12.2020

Gov't passes ordinance to compensate for losses in hospitality industry

An emergency ordinance to compensate for losses in the Romanian hospitality industry was adopted at a government meeting on Friday, Ionel Danca, head of the Chancellery of the Prime Minister announced on Friday.…




09:10, 09.11.2020

HoReCa industry to qualify for state-aid under new piece of legislation

Prime Minister Ludovic Orban announced on Sunday evening that the government will introduce forms of state aid for the HoReCa sector and for the private cultural area, according to AGERPRES."The HoReCa industry…




13:45, 07.10.2020

Redundancy in store by year-end for 100,000 HoReCa workers, industry losses at 3 bln euros

The restrictions imposed by the government in the context of the Covid-19 pandemic will result in the layoff of about 100,000 HoReCa workers by the end of the year, and in a 3 billion-euro loss for the industry,…




15:05, 05.10.2020

European Commission approves 19.3-million-euro loan for state-owned airline Tarom

In a press statement released on Monday, the European Commission announced having approved a loan guarantee of up to around 19.3 million euros (approximately 94 million lei) in favour of the Romanian state-owned…




15:50, 28.08.2020

State-aid scheme of 109.8 million lei for Romania's poultry farming amid Covid-19 pandemic

Losses sustained by Romania's poultry farmers March 1 - July 1, 2020 as part of an economic crisis generated by the Covid-19 pandemic will be compensated for under a state-aid scheme for poultry farming amounting…




15:31, 01.06.2020

Romania's hospitality industry could face losses of one billion euros in 2020

The estimated losses in Romania's hospitality industry this year will approach one billion euros, Calin Ile, chairman of the Federation of the Romanian Hospitality Industry (FIHR) told a news conference on Monday."In…




18:07, 12.05.2020

FPTR proposes to Government common solutions to compensate for tourism losses in COVID-19 pandemic context

The President of the Federation of Romanian Tourism Employers (FPTR), Mohammad Murad, told on Tuesday a press conference in southeastern Mamaia resort, that he urgently requests a direct dialogue with the Romanian…




14:32, 04.05.2020

Opinia strategică a președintelui Ilham Aliyev asupra luptei împotriva coronavirusului - o poveste de succes

President Ilham Aliyev’s strategic view of the fight against coronavirus – a success story For almost a hundred days now, the world has been waging war for dear life with an invisible enemy – coronavirus. Strict…




12:58, 02.05.2020

Tourism employers' associations on losses at the Black Sea resorts due to coronavirus

Tourism businesses risk to die if work does not resume from May 15th and, as we approach summer, every day is absolutely vital for the tourism industry, the chairman of the Prahova Tourism Promotion and Development…




11:22, 23.09.2019

In Romania, there are still water supply networks with significant losses due to wear

Most water supply systems in Romania still comprise networks that have exceeded their life expectancy and are registering significant losses due to the advanced state of degradation, despite Romania having a 44.5…




17:32, 09.07.2019

PwC survey: 7 bln euro worth of loss to Romanian economy due to shortage of skilled personnel

The losses for the Romanian economy caused by the lack of skilled personnel amount to an estimated 7.1 billion euro, shows a survey released by PricewaterhouseCoopers (PwC) on Tuesday, which found that more than…




11:59, 24.09.2018

Over 6 bln euro losses from uncollected VAT in Romania, solution is modern collection IT technologies (PwC)

The collection deficit of the value-added tax (VAT) grew in 2016 against 2015 in Romania, and the noncompliance in the VAT matter went up, although the standard rate for this tax curtailed from 24pct to 20pct,…