Nikken, a wellness products direct selling company which has recently officially entered the Romanian market, plans to reach a network of at least 3,000 consultants in Romania, from the current network of around 700 people, Romania-Insider.com has learned. Nikken currently operates directly from its UK based company Nikken UK Ltd, while being registered for VAT in Romania and having products approved by Romanian authorities, Janne Heimonen, head of sales and marketing with Nikken Europe told Romania-Insider.com.

Listen to the recording below while reading this week's Romanian language lesson:

Security firm Rosegur has appointed Daniel Timofei general manager, the first Romanian to hold this position. He plans to add new business lines, such as the transport of valuable assets and monitoring, while investing in a cash processing center in Bucharest.

Mihai Craciun, former head of Red Bull Romania, is the new general manager of confectionery company Kandia in Romania. Craciun had been working with Red Bull for the last six years in Romania and was also coordinating the Bulgarian and Moldavian businesses.

Romania is not facing a flu epidemic and the four cases of infection with the AH1N1 and AH3N2 viruses registered between January 3 and January 9, 2011 have been isolated, the Health Ministry said on Wednesday.

A new International Monetary Fund (IMF) mission will review Romania's economic performances and reforms between January 25 and February 8, the seventh review mission within the stand-by agreement. The delegation will be led by Jeffrey Franks (in picture) and will be joined by the European Commission and World Bank teams.

The World Bank will discuss on its January 20 Management Council meeting whether to grant Romania a second development policies loan, worth some EUR 300 million.

Romania has pledged to make changes to the Emergency Ordinance 50/2010 in order to receive the sixth tranche of the loan from the International Monetary Fund (IMF), although local authorities have denied it in the past.

Profits tax computation and declaration for the 2010 tax year

In respect of the profits tax computation, declaration...

The Bucharest Court has decided to suspend the creation of Romania's power champion company Electra, based on a request made by Fondul Proprietatea through manager Franklin Templeton. The energy company Electra should have been created based on a decision by the shareholders of Nuclearelectrica, but the court has suspended the decision.

Nikken, a wellness products direct selling company which has recently officially entered the Romanian market, plans to reach a network of at least 3,000 consultants in Romania, from the current network of around 700 people, Romania-Insider.com has learned. Nikken currently operates directly from its UK based company Nikken UK Ltd, while being registered for VAT in Romania and having products approved by Romanian authorities, Janne Heimonen, head of sales and marketing with Nikken Europe told Romania-Insider.com.

Listen to the recording below while reading this week's Romanian language lesson:

Security firm Rosegur has appointed Daniel Timofei general manager, the first Romanian to hold this position. He plans to add new business lines, such as the transport of valuable assets and monitoring, while investing in a cash processing center in Bucharest.

Mihai Craciun, former head of Red Bull Romania, is the new general manager of confectionery company Kandia in Romania. Craciun had been working with Red Bull for the last six years in Romania and was also coordinating the Bulgarian and Moldavian businesses.

Romania is not facing a flu epidemic and the four cases of infection with the AH1N1 and AH3N2 viruses registered between January 3 and January 9, 2011 have been isolated, the Health Ministry said on Wednesday.

A new International Monetary Fund (IMF) mission will review Romania's economic performances and reforms between January 25 and February 8, the seventh review mission within the stand-by agreement. The delegation will be led by Jeffrey Franks (in picture) and will be joined by the European Commission and World Bank teams.

The World Bank will discuss on its January 20 Management Council meeting whether to grant Romania a second development policies loan, worth some EUR 300 million.

Romania has pledged to make changes to the Emergency Ordinance 50/2010 in order to receive the sixth tranche of the loan from the International Monetary Fund (IMF), although local authorities have denied it in the past.

Profits tax computation and declaration for the 2010 tax year

In respect of the profits tax computation, declaration...

The Bucharest Court has decided to suspend the creation of Romania's power champion company Electra, based on a request made by Fondul Proprietatea through manager Franklin Templeton. The energy company Electra should have been created based on a decision by the shareholders of Nuclearelectrica, but the court has suspended the decision.