Part of the taxes owed by the holders of oil agreements to finance investments and restructuring activities
Part of the sums owed by the holders of oil agreements related to deep offshore and onshore perimeters as a…
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Hidroelectrica pays taxes worth 223 mln. lei on time
The management of Hidroelectrica took the decision to pay on time the tax burdens incumbent on the company and not…
Enel’s profit in Romania drops drastically in 2019
The Italian group Enel announced for 2019 a net profit in Romania before the payment of interest and taxes of…
Court of Accounts: Import of natural gas increased due to over-taxation of domestic production
Extra-taxation of natural gas producers’ revenues has led to a rise in cheaper Russian imports, according to a report by…
ROPEPCA members expect a steep decrease in money collected to the state budget and increased jobs insecurity
The Romanian Petroleum Exploration and Production Companies Association (ROPEPCA) comes back to the public attention on the negative consequences that…
Industry rejects the rumored turnover tax on energy companies; ACUE warns about devastating consequences
The Federation of Associations of Energy Utility Companies (ACUE) expresses its deep concerns following the latest political statements stigmatizing energy…
AmCham Romania supports the current flat tax
AmCham Romania reiterates its firm support for maintaining the current flat tax that proved to be the most efficient fiscal…
Why it is unreasonable for the state to collect more than 25% of GDP
Bogdan Glăvan Economics professor, author of the site logec.ro I guess you have heard the argument: the Romanian state is…
Effects of prime minister appointment delay: over-excise, SCT are out starting January 1
Among the effects of postponing the designation of the Romanian Prime-Minister by President Klaus Iohannis one can count the future…
Coface: Romania’s economy will grow by 2.7% this year
Coface estimates that Romania’s economy will grow by 2.7% this year, in a baseline scenario, after a 2.5% evolution in…
Things to watch in 2015’s energy (Radu Dudău, Energy Policy Group)
The major trends of 2015’s world energy have been largely set in the second half of 2014. Undoubtedly, the stunning…
Petrom: fuel demand will increase
Romania will have an economic growth of 2% – 3% this year, which will lead to an increase in demand…
Companies are exempt from tax on reinvested profits until 2016
From July to the end of 2015 firms investing in production and / or purchase of machinery and any other…
Railway operators, discriminated by the fuel excise reimbursement only to road transport
Rail carriers say that a partial refund of excise duty on fuel that road carriers with machines heavier than 7,5…
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…
The tax on additional profit obtained from the gas market liberalization: inaccurate statements and hidden general taxation
###author### Authorities in Romania seem to not know exactly neither the purpose nor the extent to which the money from…
Polish Government proposes tax exemption until 2020 for shale gas producers
Polish government, led by Donald Tusk, established on Tuesday that will relieve the shale gas extraction industry from taxes until…