AmCham Romania announces the 2012 Annual General Meeting , taking place on March29th, 2012 at Crowne Plaza Hotel, Grand Ballroom. Member companies are invited and encouraged to delegate their candidates for the Board of Directors and Auditing Committee elections. As a recommendation delegated...
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AmCham Romania members can sign up for the special PATRON membership category. AmCham Patron Members enjoy, in addition to all AmCham benefits, the following exclusive privileges:
- Special "Patron Members" Reception with HE U.S. Ambassador to Romania - Free participation for...
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The American Chamber of Commerce in Romania (AmCham Romania) launched the Romanian Competitiveness Report - Statistical Assessment and Executive Survey of Romanian Economic Policy in a public event on December 14, 2011 attended by President Traian Băsescu, Ambassadors, AmCham members,...
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INTRODUCTION
The business visa facilitation program (BVFP) was developed to help foster strong economic and commercial ties between Romania and the U.S. and to make the visa process as easy and efficient as possible for business travelers while maintaining the highest visa security...
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- ExxonMobil and OMV Petrom find gas in the Black Sea during exploration works
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02/03/2012 I Source Business-Review
Domino-1, the first deepwater exploration well, which was jointly set up by ExxonMobil and OMV Petrom in late 2011, has encountered the first natural gas deposits in the Romanian sector of the Black Sea. However, it is too early to say if the discovery proves to be commercial or not.
Ovidiu Posirca
- Romania shivers under snow and blizzard alert until Sunday evening
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02/03/2012 I Source Business-Review
The yellow alert for snow and blizzard has been prolonged until Sunday evening at 20:00. It will snow countrywide and snow thickness is expected to exceed locally 20 cm especially in the hills and mountains area.
Simona Bazavan
- Kapsch acquires Romanian firm Squario IT Solutions
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02/03/2012 I Source Business-Review
Austrian corporation Kapsch, specialized in solutions for domains such as intelligent transportation systems, telecom and railway operations, information and communication technology, has announced today the takeover of Romanian firm Squario IT Solutions.
Otilia Haraga
- Arrears of IMF monitored SOEs decreased by 15 percent to EUR 1.9 bln in 2011
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02/03/2012 I Source Business-Review
The Romanian Ministry of Economy, Commerce and Business Environment (MECMA) has reduced the level of arrears in 8 state-owned companies (SOES) monitored by the IMF to EUR 1.9 billion last year, although the operational loss target was missed by 7 percent.
Ovidiu Posirca
- VAT reduction not an option says finance minister
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02/03/2012 I Source Business-Review
Government has no intention to reduce the VAT, not even for food products, Romanian finance minister Gheorghe Ialomitianu said this Friday. He added that if any tax cuts will be operated, the priority will be to reduce the social security contributions.
Simona Bazavan