OMV Petrom’ S1 numbers – an Econ 101 lesson for Gov’t
OMV Petrom announced a net profit of 1.21 billion lei in the first half of this year, nearly three times…
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Ministerul Finantelor Publice
ELCEN to be taken over by Bucharest City Hall this year
The Ministry of Energy is considering the possibility whether to transfer Electrocentrale Bucuresti (ELCEN) in the subordination of the Bucharest…
Sorin Grindeanu proposed forming a ministerial team for new energy projects in the Black Sea
The Prime Minister Sorin Grindeanu talked on Monday, February 27th, during a meeting held with a delegation from the consortium…
Energy ministry’s budget, approved, the Strategy doesn’t get funding
Bugetul pentru 2017 al Ministerului Energiei a fost aprobat, marți, 7 februarie, de Camerele reunite ale Parlamentului, cu 180 de…
Parliament adopts Finance and Environment budgets as gov’t demanded
The Romanian Parliament adopted on Monday the budgets of the Ministry of Finance (MFP), the Ministry of Labour and Social…
Viorel Ştefan: Royalties law will include a 20% tax on profits obtained from processing local resources elsewhere than Romania
The legislative package regarding the taxation in the field of hydrocarbons will contain, in addition to a new formula for…
Solutions for producers of electricity from renewable sources, from the Ministry of Energy
The Ministry of Energy has put into public debate the draft of the emergency ordinance for amending the Law 220/2008.…
Tax relief for reinvested profit will be extended after 2016
Ministry of Finance will extend the exemption from tax on reinvested profit that expires at the end of this year,…
Shedding off the special tax and the extra-excise would create a 710 million euro deficit
The reason behind European Commission (EC) and International Monetary Fund (IMF) opposition to the new changes in the Fiscal Code…
ANRE: Special construction tax will swell bills by 1-2%
Regulated price of electricity could increase from January 2015 to 1-2%, after companies in the sector will require recognition of…
The extra duty on fuel makes some types of gasoline to cost over 6.8 RON/liter
The introduction on April 1 of an additional fuel excise of 7 eurcents on every liter of fuel purchased, which…
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