Gov't moves to cash minimum 90 pct of state-run companies' net profit

The Romanian Government empowered the state representatives in the General Stakeholders Assembly (AGA) and Boards (CA) with the national companies and the companies with full or majority state capital, as well as the autonomous administrations to take the necessary steps to distribute a minimum 90 pct ratio of their net profit on 2016 (dividends / payments) to the state budget, reads a release of the ...

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