Archive » January 2007 » 03 January 2007 The english news from 03 January 2007
The EU accession gives confidence to the investors in the Romanian real estate
The Romanian real estate market will continue its evolution in 2007, being considered by investors as the most attractive in the region. The real estate analysts state that Romania will attract an increasing number of projects in which tens or even hundreds of millions of EUR will be invested.…
New customs regime makes food products cheaper
Romania's accession to the EU removes import duties on goods from EU member states which will prompt domestic producers to cut meat, dairy and bakery prices by up to 40 pc.…
Fiscal Code brings European taxes
The Fiscal Code, came into effect starting January 1, brings tax increase for big houses, local taxes exemption for certain companies and taxation of building transactions on total value, not on profit.…
Nearly 105 000 workers from bulgaria and romania expected in italy
Italy saw no migration wave from Bulgaria and Romania in the first days after the two countries entered the EU. The number of Bulgarians and Romanians entering Italy remained unchanged, Italian online edition Balcani said. …
TriGenius cancels 100mn euro centre project
German real estate developer TriGenius has recently decided to cancel a 100 mln euro ($132.79 mln) office centre project in Romania's capital Bucharest, as it failed to reach an agreement with the Bucharest Municipality, the company said on January 3, 2007.…
Electricity, Fuel, Tobacco, Alcohol Excises Increase
The prices for electricity, leaded petrol, crude oil and natural gas used as engine fuels go up with the increase of excises, Nine o'Clock reports. The electricity excises are increased over 30 per cent, and in the case of the leaded petrol the tax will increase 6.6 per cent.…