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Articles - business environment

Romania to reduce tax on dividends starting January 1 next year

The ruling coalition has decided to apply several measures of the new Tax Code starting January 1, 2016, although they were initially planned to be implemented later, said Prime Minister Victor Ponta.

Foreign investors keep a cautious positive eye on Romania

According to data released by the Foreign Investors Council, foreign investors’ view on Romania’s attractiveness and growth perspectives remain mostly unchanged compared to March 2015, while the legal and administrative sectors remain our country’s weakest points.

German companies top the foreign business ranking in Romania

German companies lead the foreign investors’ ranking in Romania in terms of revenues and number of employees, according to official statistics.

EY: Romanian managers are confident in the growth of their business

Business leaders in Romania are confident that their business will grow this year, as well as having faith in the overall positive trend of the economy, according to a new survey published by EY Romania.

Net foreign direct investments amount to EUR 2.4 bln in Romania in 2014

Romania attracted foreign direct investment totalling EUR 2.4 billion in 2014, and the total balance of investments reached nearly EUR 60.2 billion at the end of last year, according to Romania’s Central Bank.

Romania has 100 angel investors at most and only half are active

Romania has maximum 100 angel investors and only half of them are active, according to Peter Barta, CEO of the Post-Privatisation Foundation. Romanian start-ups struggle with finding financing, he said.

Romania, among cheapest countries for temporary workforce

The temporary workforce in Romania is among the cheapest in the world, ranking 15th among 75 countries, according to a study by ManpowerGroup Solutions.

Insolvencies down by half in 2015 but larger companies file for the procedure, says CITR

Over the past year the number of insolvent companies has gone down by half but the impact of these insolvencies on the economy is nevertheless higher as larger companies than before are now filing for the procedure, according to information from insolvency consultancy CITR.

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