reimbursement

Unirea Shopping Center, one of the major companies listed on the Bucharest Stock Exchange, asks Carmen Palade, its former head of the Administration Board and CEO, to reimburse RON3 million to the company.

Romanian cucumber producers will receive up to EUR247,200 as partial reimbursement for their losses of around EUR9 million, Agriculture Minister Valeriu Tabara said Monday.

Romanian Finance Minister Sebastian Vladescu announced the bankers and business representatives that the country’s tax authority ANAF will stick to the 45-day reimbursement period for the value added tax, banking association’s head Radu Ghetea said Friday.

Romanian Finance Ministry plans to reimburse a total of 794.5 million lei (EUR1=RON4.0923) as value added tax, or VAT, in March.

The sums owed by the Romanian state to companies as value-added tax reimbursements will be paid three times a month, on 4th, 24th and 29th of the month, while 80% of the payments will be made to companies subject to the highest delays, Finance Minister Gheorghe Pogea said Wednesday.