On Tuesday, the National Institute of Statistics (INS) released the second set of provisional estimates on the evolution of GDP and its components for the first quarter of this year. We remind you that the INS inventories the evolution of GDP in 5 cycles: signal data, then provisional data (I), ... Read More

Microsoft has announced the completion of a transaction with Movial, a software engineering and design services company specializing in mobile and embedded devices with 60 employees and looking for IT specialists. The company also announces that it will continue to expand the software engineering teams that support Windows and Android ... Read More

Each sector of the economy has been affected differently, and understanding this new normal and the impact it has on companies is essential in the next period, according to the analysis of an IT company. This is how our consumption and technology use behaviors have changed, what new experiences can ... Read More

Hundreds of thousands of private companies in Romania, whose owners or associates are only individuals, will be exempted from the bureaucratic obligation to submit the annual declaration on the real beneficiary to the Trade Register, according to a law promulgated by President Iohannis. New Law no. 108/2020 amends Law 129/2019 ... Read More

Hundreds of thousands of private companies in Romania, whose owners or associates are only individuals, will be exempted from the bureaucratic obligation to submit the annual declaration on the real beneficiary to the Trade Register, according to a law promulgated by President Iohannis. New Law no. 108/2020 amends Law 129/2019 ... Read More

Due to the economic results of 2019, the World Bank promoted Romania among high-income countries, where all EU countries (minus Bulgaria) were already. A year earlier, it had placed the local economy among the upper middle income countries. https://www.mediafax.ro/economic/banca-mondiala-a-promovat-romania-in-randul-tarilor-cu-venituri-mari-19395995

Foreign retailers operating on the local market continued the capital infusions in the Romanian networks in 2020, but the figures cannot be compared so far with those of the previous year. The data published by the Trade Register include the first 40 companies that received a contribution to the share ... Read More

In a few days, the neighbors' consent will not be needed when a company with a registered office is set up in a residential complex for housing purposes, according to a Law published in the Official Gazette and analyzed by the tax consultant Adrian Bența. Law 102/2020, which refers to ... Read More

To the extent that there will be demand from companies and availability of financing from banks, the guarantee ceiling for SME Invest could exceed 20 billion lei, Prime Minister Orban said. The Minister of Public Finance, Florin Cîțu, announced that the number of 10,000 companies that receive financing in the ... Read More