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New resources for financing small and medium sized enterprises

2014-09-14
The Romanian CEC Bank will access a 100 million euro loan from the European Investment Bank for financing projects initiated by small and medium sized companies. The loan will also help companies operating in the media industry, various services, tourism and infrastructure. This measure shows that small and medium sized companies in Romania play an important part in the overall economy.
 

The tax for special constructions will be reduced

2014-09-07

The tax for special constructions in Romania will be reduced from 1,5% to 1% of the entire value of the construction. The collected amounts will be used by the local authorities and will not be included in the state budget.

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