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One Third Of Romanian Cos Breached Financial Report Deadline

Over 280,000 Romanian companies have failed to submit their 2009 financial results at the trade registry by the law-imposed deadline of May 31, according to data provided by the trade registry.
One Third Of Romanian Cos Breached Financial Report Deadline
02 iun. 2010, 13:04, English

Thus, some 35% of the 790,375 companies required to submit financial reports by May 31 are now facing fines between 500 and 1,500 lei (EUR1=RON4.191), the trade registry said.

Mures was the Romanian county with the highest number of deadline breaches, namely 18,845 companies, or 70.3% of all companies in the county. Arad was the county with the lowest percentage of breaches, namely 17.1%.

Some 74% of the 179,821 relevant companies in Bucharest were in compliance with the legal deadline.