ANAF: Three fourth of the firms closed down in half a year were inactive


Most of the companies which suspended their activity or were dissolved in the first half of the year did not have any activity or did not declare their activity, namely 71,400 firms from a total of 93,542 closed companies, according to the National Tax Administration Agency (ANAF), Agerpres informs. Moreover, of the 93,542 commercial companies which suspended their activity or were dissolved, 10,549 firms had an insignificant volume of activity (namely 11.28 per cent out of the total), shows a press release of the Authority remitted to Mediafax agency. Most of the firms which were dissolved or whose activity was suspended were set up prior to 2008, but 10,004 companies entered the market only one year before, according to ANAF, which also quoted the data from the National Office of the Trade Registry. ANAF stressed that the number of commercial companies which ceased their activity in January-June 2009 (93,542) is 2.3 times bigger than that of those which ceased their activity in 2008 (40,612). As for the setting up of new companies, 32,276 entries were registered in the first half of this year, vs. 55,462 companies opened in the same period of the previous year.


Tnuva Romania hit by economic crunch


Tnuva company announced that its division from Romania will not cease its activity this year, in spite of the expectations, the daily IsraelNN transmits, quoted by Rompres. The company is affected by the economic crisis from Eastern Europe, which had a negative impact also on its division from Romania, which deals with the manufacturing and trading of dairy products. The sales fell seven per cent.


In 2008, Tnuva Romania reported losses of 50 million According to a Haaretz report, the company intends to diminish this loss focusing on the big cities and interrupting the operations from the other towns, which supposes high logistic costs. Tnuva Romania wants also to reduce the diversity of the products, focusing on the products which offer certain advantages: milk, milk with chocolate, sour cream and cheese. The company Tnuva Romania, with an investment of EUR 55 M, was launched after two and a half years of deep investigations, development of strategic plans and the construction of Tnuva factory, a Greenfield project, carried out in agreement with the most exigent standards of the European Union. In only one and a half years after its inauguration, Tnuva launched more than 50 products, and, according to an official audit, it became number three on the market of fresh dairy products from Romania.


Rompetrol Well Services – turnover 26 pc smaller


The net turnover of Rompetrol Well Services amounted to EUR 34.62 M in the first half 2009, down 26 per cent against the same period of the past year, Agerpres informs. The net profit of the company dropped 38 per cent in the first half of this year, against the same period of the past year, amounting to RON 7.99 M. Rompetrol Well Services reported total revenues of RON 37.1 M in the first half 2009, and total expenses of EUR 27.41 M. The debts of the company rise to RON 11.71 M and the receivables to RON 42.7 M.