Economics
The restriction on shopping centers activity affects over 9,000 stores in Romania
April 02, 2020 12:17
The decision of the authorities to temporarily suspend the purchase of goods considered non-essential from the shopping centers affects more than 9,000 stores and each day when they are closed equals with between 15 and 20 million euros lost from u...more »
ANCOM issues licenses for telephony and mobile internet in the 2100 MHz band
April 02, 2020 08:29
The providers of communications services Orange and Vodafone, paid each the amount in lei of 30 million euros for the extension of the licenses they hold in the 2100 MHz band. Thus, ANCOM extended the licenses held by the two providers which are no...more »
GEO 37/2020 postpones the payment of rates for borrowers. What are the benefits and how can companies apply?
April 01, 2020 11:47
Article provided by Impetum Group Among the reactions that the Government of Romania has had to diminish the effects determined by the COVID-19 pandemic on the local business environment are the GEO 37/2020, which provides for the possibility of d...more »
The Mayor of Bucharest signed the contract regarding the purchase of the 100 new trolleybuses
April 01, 2020 11:32
The tender was won by the only bidder enrolled in this process, who was declared the winner as a result of meeting the requirements requested in the specifications, the Turkish-German Association Bozankaya Otomotiv Marina Imalat Ithalat Ve Ihracat ...more »
Fiscal measures in the context of the economic difficulties: corporate income tax and VAT for certain imports
April 01, 2020 11:02
Article provided by Tuca Zbarcea si Asociatii In the context of the economic and financial difficulties caused by the spread of the COVID-19 virus, the Romanian Government has adopted the Emergency Ordinance No. 33/2020 regarding certain fiscal me...more »
Deloitte and FintechOS, partners in CEC Bank’s digital transformation
March 31, 2020 12:25
Deloitte Romania and FintechOS have created and implemented the technical solution for the “Welcome” package, which CEC Bank has integrated with its legacy systems, allowing it to launch, in March, a complex project aimed at digitalizing t...more »
Intelligent Energy Association: Gas price cap, a populist decision that favors gas importers and suppliers and not consumers
March 30, 2020 15:28
The capping of the price of natural gas (together with the prices of other utilities), recently taken by the Government, favors gas importers and suppliers and affects consumers. Thousands of consumers are at risk of this state intervention to pay hi...more »
Magister launches the social project "Order online from your local store"
March 23, 2020 16:01
Magister Software, the largest provider of IT solutions for retail in Romania, having in the portfolio of clients the most proximity stores, distributed throughout the country, launches the social project "Order online from your local store". ...more »
Sameday will use 100% recycled plastic bags in the delivery process
March 09, 2020 16:27
Sameday, one of the largest players in the local courier market, announces that from April it will use 100% recycled plastic bags in the delivery process and will be actively involved in promoting responsible packaging consumption.  Sameday ...more »
Romania has recorded the highest electricity price growth in EU for heavy consumers
March 09, 2020 12:44
The energy prices have increased for the first time from 0.0846 EUR / kWh in S1 2008 to 0.0959 EUR / kWh in S1 2012 to 0.0875 EUR / kWh in S1 2019. However, the share of taxes has increased constantly, from 13% in 2008 to 30% in 2019. According to...more »
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