English Section

3 septembrie 2012
Paying VAT upon collecting the invoice - an official hoax

Paying VAT upon collecting the invoice - an official hoax

Emilia Olescu (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 3 septembrie 2012

Liviu Voinea: "Clearing of VAT for companies which paid this tax without collecting the due invoice would be rather costly and hard to manage" 

The Government Ordinance which stipulates the payment of VAT upon collecting the invoice was officially published in the Official Gazette last week.

Big volumes for SIF3 Transilvania

IN THE SUMMER TIMEBig volumes for SIF3 Transilvania

Raluca Marin (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 31 august 2012

Average daily turnover of over one million lei 

The trades amounted to 13.5% of the equity of SIF3 and analysts say they are the result of the good bi-annual earnings

Shares of SIF "Transilvania" (SIF3) were the most heavily traded in the three summer months.

GDF SUEZ may list bonds of 300 million lei on the BSE

THE DROP IN LENDING BY THE BANKS, AN OPPORTUNITY FOR THE BSEGDF SUEZ may list bonds of 300 million lei on the BSE

ADINA ARDELEANU (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 30 august 2012

Lucian Anghel, BVB: "By cutting the fees, the Romanian bond market will become competitive, even compared to Luxemburg"  

Adrian Lupşan, BVB: "This may not be the only market surprise, before the end of the year"

The bond market on the Bucharest Stock Exchange may be seeing some new "deliveries", if the shareholders of GDF SUEZ Energy Romania agree for the company to issue bonds worth a maximum of 300 million lei (64 million Euros) and to get them listed on the Bucharest Stock Exchange (BVB).

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"Mechel is close to leaving"

THE UNIONISTS' OPINION:"Mechel is close to leaving"

VIVIANI MIRICĂ (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 27 august 2012

Russian group Mechel, which owns the plants Mechel Câmpia Turzii, Mechel Târgovişte, Ductil Steel Oţelu Roşu, Ductil Steel Buzău, Laminorul Brăila and Mechel Reparaţii Târgovişte, is showing signs that it wants to withdraw from Romania, said Ioan...

Persona

Persona

MAKE (Translated by Cosmin Ghidoveanu)Ziarul BURSA #English Section / 20 august 2012

Counting the versions which result from the possible decision of the Constitutional Court is, in my opinion, pointless, because we are in the midst of a full moral hazard, where we are constantly redefining not only the notions, but the rules as...

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