Economics
The Competition Council fines 9 companies active in agricultural machinery field with 26.5 million Euro
January 07, 2021 15:15
The Competition Council sanctioned nine companies active on the market of agricultural machinery, machinery and specialized equipment in Romania with fines totaling 126,981,967 lei (approx. 26.5 million euros). Following the investigation, launch...more »
Tinmar Energy promotes the offers of 100% green electricity at the most competitive prices
January 07, 2021 15:04
Starting with January 1, 2021, the electricity market in Romania is completely liberalized , the process being mandatory through the European legislation. For consumers, this means that regulated tariffs will no longer apply and every household cus...more »
Glodeanu & Partners assisted ReneSola Energy in the sale of two solar parks in Romania, with a combined capacity of 15.4 MW, to Alternus Energy
January 06, 2021 18:12
Glodeanu & Partners provided legal assistance to ReneSola Energy in relation to the sale of its two solar parks held in Romania, with a combined capacity of 15.4 MW, to Alternus Energy. The transaction is expected to close in Q1 of 2021. Miha...more »
COVID-19 impact on the Romanian hotel sector
December 23, 2020 09:17
A survey prepared by Cushman & Wakefield in partnership with FIHR, targeting Romanian hoteliers was launched in November 2020 to understand the impact of COVID-19 on the Romanian hotel industry, and their perspectives on the outlook of this sec...more »
Sema Parc, the largest urban reconversion project in Bucharest has a new Brand Identity
December 22, 2020 16:34
River Development, the developer of the two integrated andmixed-use projects - Sema Parc and The Light, launches today the new brand identity for its project - Sema Parc, currently under development. The change of brand image comes as a result of a...more »
NEPI Rockcastle targets Net-Zero Carbon Emissions
December 17, 2020 15:45
NEPI Rockcastle announced it increases the sustainability targets for the following decade and aims to become carbon neutral by 2030. The Group’s initiative meets EU’s efforts to combat climate change through carbon neutrality. BuildGreen, lead...more »
Filip & Company assisted RCS & RDS in contracting two EUR 150 million credit facilities
December 17, 2020 11:07
Filip & Company assisted RCS & RDS S.A. and the companies in its group, Digi Communications N.V., DIGI Távközlési (the RCS & RDS Hungarian branch), Invitel Távközlési Zrt and DIGI Spain Telecom S.L.U. (the RCS & RDS Spanish br...more »
Cushman & Wakefield Echinox advises eMAG on the DEKRA Trusted Facility Audit and Certification Process
December 17, 2020 11:01
The real estate consulting company Cushman & Wakefield Echinox has advised the online retailer eMAG on the DEKRA Trusted Facility audit and certification process, which represents a confirmation that the safety measures against Covid-19 that th...more »
REI Finance Advisors tripled its business and team in 2020 aiming to reach over 100 specialists in 2021
December 15, 2020 10:11
REI Finance Advisors, a company specialized in consultancy services for attracting European funds and state aids, tripled its business and its team of consultants, after reaching 8 regional offices across the country in 2020. The evolution comes as...more »
The tax treatment of uncollected invoices changes - the cancellation of the debt is deducted in full, but its recovery is penalized
December 14, 2020 09:11
Opinion material by Alexandra Smedoiu, Fiscal Services Partner, Deloitte RomaniaCompanies that face problems in collecting invoices will benefit, from next year, from an improvement in the conditions in which they can deduct their losses from uncolle...more »
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