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Articles - companii

Coface: Number of insolvencies halve in Romania

The number of insolvencies decreased by 58% year-on-year in the first quarter of 2015 in Romania.

Higher tax for micro enterprises in Romania with no employees

The Romanian Government has decided to increase the tax contributions for small firms without any employees from 3% to 5% of their turnover, according to a draft project that the Senate approved earlier this week.

Over 2.6 million firms registered in Romania in the past 25 years

More than 2.6 million companies have been registered, and 1.13 million have been closed in Romania since 1990, according to data from the Romanian Trade Registry’s Office ONRC.

Romania supports small and medium enterprises with EUR 3.3 mln

The Romanian Government released on April 22 RON 15 million (EUR 3.3 million) to launch and carry out programs aimed at supporting the small and medium-sized enterprises (SMEs).

Bosch opens IT center for research and development in Cluj

Bosch officially inaugurated on Wednesday a new IT center in “The Office” in Cluj-Napoca, the company says. In the new location, through the research and development projects to be initiated, the company takes a step forward in meeting the upward trend towards mobility and connectivity.

US group Kellogg’s is hiring for service center in Bucharest

US cereals producer Kellogg’s is currently looking for employees for its new service center in Bucharest.

CIS: almost 40%of the companies consider that the capital investments in Romania are not competitive

Over 60% of the companies are expected to have an increase of the income by almost 15%, advance supported by the domestic market rather than by exports, and on the other hand 40% consider that the capital investments in Romania are not competitive, shows a study of the Council of Foreign Investors (CIS).

62 pct of foreign investors expect revenues to go up

In their effort to provide further input the Foreign Investors Council (FIC) developed its business sentiment index to bring its members assessment of their expectations of results of operations and growth expectations, capital investment outlook for the coming year, attractiveness of Romania compared to other similar geographic locations of their respective group companies, workforce plans and administrative, legislative and fiscal environment when conducting their businesses, reads a press release issued on Wednesday.

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