Category : ECONOMY

COMPANIES ECONOMY ENERGY INVESTMENTS

OMV Petrom invests EUR 42 M in developing mature oil deposit

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The redevelopment of the Independenta deposit unlocks supplementary oil reserves * The Independenta deposit currently covers 7 per cent of OMV Petrom’s oil production  ...
ECONOMY FINANCE&BANKING POLITICS

Tax Code: PM Ponta, decided to enforce the new fiscal measures either by emergency ordinace or by vote of confidence

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Provisions of the new Tax Code rejected by President Iohannis and sent back to Parliament for re-examination will be put into effect anyway, by emergency...
BUSINESS BUSINESS COMPANIES

IKEA buys Romanian forest to make furniture

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A division of Sweden’s IKEA has bought 33,600 hectares of forest in Romania IKEA Group – through IRI (IKEA Resource Independence), its Romanian subsidiary –...