Tax evasion in Constanta port exceeds 50 percent, says minister of transport

Authorities will start this June to audit the concessions contracts and the financial activity of the Constanta port, in a bid to crack down on tax evasion, said Sunday Dan Sova, the minister of transport, reports Agerpres newswire.

He said the tax audit will be carried out by the tax agency ANAF, while the Ministry of Transport will look at the activity of concessionaires and the tariffs they pay in the port. He added that the level of tax evasion in the port stands at over 50 percent, but did not expand on this.

Sova said that those opposing the transfer of a 13 percent stake in the port to Constanta City Hall and the listing of a 15 percent stake in the port on the Bucharest Stock Exchange have “illegitimate reasons.”

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“I am telling you the reasons they oppose it are illegitimate, and do not have anything to do with enhancing the transparency of the port’s activity and increasing its profitability, they are defending individuals, personal interests that do not have anything to do with Romania’s interests,” said Sova.

Ovidiu Posirca