Economics
New EY survey finds critical link between sustainability governance and business performance
April 11, 2023 10:35
A new EY survey of more than 200 companies across 15 countries in Europe has identified a critical link between effective board-level sustainability governance and business performance. The study found that respondents with stronger sustainability ...more »
Organizations prepare for a new era of tax risks as scrutiny intensifies
April 07, 2023 08:08
More than half (51%) of company tax leaders expect to experience more tax disputes in next two years Cross-border tax reforms top list of risks with forecast of more disputes resulting in higher costs ahead  Three i...more »
Affidea Romania opens a new clinic in Sema Parc
April 03, 2023 15:08
River Development announces the lease of a space of over 1,000 square meters to the Affidea medical clinic, on the ground floor of the Berlin office building in Sema Parc. The transaction was brokered by Knight Frank Romania. Affidea Romania, the...more »
Abris-backed GreenGroup buys UAB Zalvaris
April 03, 2023 14:51
Abris Capital Partners the ESG transformation specialist private equity investor, has supported GreenGroup, the circular economy leader in Central Europe, in signing the acquisition of UAB Zalvaris, the largest industrial waste management company i...more »
Agency National Fiscal Administration found 22,000 persons and 1.8 billion lei in not declared revenues after courier companies Declaration 395
March 31, 2023 06:36
About a third of Romanians prefer to pay cash on delivery to the courier. The amount of refunds registered from courier companies, in the first three months of the year, through Declaration 395, exceeds 5 billion lei, for a number of 17 million shi...more »
Green building certifications have become a must for landlords seeking competitive differentiators in today’s challenging real estate market
March 17, 2023 15:34
Real estate owners and developers’ interest in sustainability has increased significantly in recent years, in an attempt to align to future trends and meet market demands, which reflects in a growing number of “green” certifications obtained ...more »
NNDKP and Clifford Chance Badea in the the EUR 57.8 million financing agreement between OTP Bank and Exigent Property Investment
March 17, 2023 05:01
Nestor Nestor Diculescu Kingston Petersen (NNDKP) has assisted OTP Bank Romania and OTP Group in a EUR 57.80 million financing for Exigent Property Investment SRL to fund the development of phase 5 of Exigent Plaza Residence, the largest residentia...more »
Forty Management has obtained Green Homes Certification from the Romanian Green Building Council for a mixed-use residential development
March 14, 2023 06:49
Forty Management announces that the mixed-use development Central District Viitorului 134 has obtained the Green Homes certification from the Romania Green Building Council (RoGBC), which is awarded to a finalised real estate develop...more »
Key amendments to the constructions law on the validity of building permits
March 08, 2023 13:05
The legal conditions for extending the validity period of building permits, as per the Construction Law no. 50/1991, have been subject to several changes in 2022, shows an analysis by PeliPartners. ”The authorities acted to allow for one exten...more »
New reporting obligations for digital platforms operators
February 14, 2023 11:13
The mobility of taxpayers and the significant number of cross-border transactions carried out in the context of globalisation have led to the need for a set of measures to regulate the exchange of tax information between the Member States of the Euro...more »
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