Human Resources
4.11.24
2025 Hiring Trends
The Future of Recruitment: Adapting to Modern Hiring Trends in 2025
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November 4, 2024
2025 Hiring Trends
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Financial Services
23.7.24
Fiscal News July 23, 2024
In the Official Gazette of Romania, Part I, No. 672 dated 12.07.2024, the Ministry of Finance Order No. 3044/2024 was published, approving the Procedure for VAT Refunds related to the purchase of goods or services by nonprofit entities and companies wholly owned by nonprofit entities, for which a tax exemption applies.
Financial Services
11.7.24
Accounting and Fiscal News July 11, 2024
Law no. 214/2024 on electronic signature and trusted services comes into force on October 8, 2024. Meeting between Minister Marcel Boloș and accounting experts to discuss fiscal changes. Romania intends to sign reciprocity agreements for VAT refund with the United Kingdom.
Financial Services
5.7.24
Fiscal News July 5, 2024
Official Announcements:Ministry of Finance (MF) and National Agency for Fiscal Administration (ANAF) launch the e-Transport application for monitoring high-risk fiscal transport. Extension of e-Invoice B2C complies with GDPR. Recent decisions of the European Court of Justice on VAT. The government is preparing to supertax exceptional gains.
Financial Services
18.6.24
Tax News - 18 June 2024
Discover the latest proposals from the Ministry of Finance to amend and complete the national RO e-Invoice system and electronic fiscal devices. Learn about the extension of RO e-Invoice usage, exceptions for certain categories, and new fiscal obligations.
Financial Services
3.6.24
Tax News – June 3, 2024 – Tax Code Updates and EU Court Decisions
The Ministry of Finance proposes amendments to the Tax Code, including raising the non-taxable amount to 300 RON per month for salary income. The European Court of Justice issued significant decisions regarding the tax treatment of workers residing in Switzerland. Full details and official documents are available on the Ministry of Finance website.
Property Management
3.6.24
Amber Forest Property Management Services
Have you purchased a home in Amber Forest suburb and your plans have changed in the meantime? Are you the owner of a house in Amber Forest and you would like to sell your property? Do you want to rent your Amber Forest property? Do you want to rent the villa or the apartment you own, offering all comfort including furniture and equipment? We have the perfect solution for you!
Financial Services
27.5.24
Comprehensive Guide to Withholding Tax on Rentals for Legal Entities in Romania
Complete guide to withholding tax on rentals for legal entities in Romania in 2024. Learn how to calculate and pay monthly taxes according to tax regulations, ensuring optimal tax compliance and avoiding penalties.
Real Estate
23.5.24
The Romanian Real Estate Market and the Crisis That Never Comes: Myths and Realities
Real estate prices have been consistently rising for over a decade, reaching new post-crisis highs but still remaining below 2008 levels. Despite repeated predictions of market crashes, data shows a sustainable market in the medium term. This analysis reveals why current prices are justified and how each transaction reflects an agreement between the buyer and the seller.
Financial Services
17.5.24
Current Tax News
We present the latest tax updates and financial legislation news! Stay informed about changes in the tax field and understand their impact on your business or personal financial situation. From tax modifications to new tax benefits, we are here to bring you essential information.
Real Estate
15.5.24
Navigate to Success with BLISS Consulting: Your Premier Office Space Partner!
Unlock Romania's investment potential! Explore dynamic opportunities in its economy and real estate market. Benefit from strategic location, skilled workforce, and favorable climate. Seize the advantage in Eastern Europe's hidden gem. Invest smart, grow sustainably, and reap rewards today!
Personal Development
1.5.24
127 Big fancy words to sound smart and boost your eloquence
Unlock the power of sophisticated language with over 120 big words to elevate your English fluency. Learn how to use them effectively to impress without overwhelming. From ambivalent to pragmatic, master words that add depth and precision to your communication. Improve your vocabulary and articulation for clearer, more confident expression in any context.
Business
22.4.24
A Guide to Setting Up a Company in Romania: Costs and Considerations
Embark on the journey of setting up a company in Romania with this guide. Learn about business structures like Limited Liability Company and Joint Stock Company, and follow step-by-step instructions, from reserving a company name to obtaining permits and licenses. Understand the costs involved, including incorporation fees, legal assistance, and office space expenses, to start your venture successfully in Romania.
Economic Development
22.4.24
Unlocking Romania's Economic Potential: A Journey through Past, Present, and Future
Unlock Romania's economic journey through its past, present, and future. Explore its resilience post-communism, growth in strategic sectors, and EU integration. Discover challenges like corruption and infrastructure gaps, yet find hope in innovation and education. Unveil Romania's potential for sustainable, inclusive growth in the global economy.
Agriculture & Forestry
22.4.24
Unlocking Romania's Agricultural Potential: From History to Future
Discover Romania's rich agricultural heritage and its journey toward modernization and innovation. Explore the challenges and opportunities facing the sector, from historical roots to future aspirations, as Romania aims to unlock its agricultural potential and emerge as a global leader in farming and food production.
Technology, Media & Telecom
22.4.24
Unveiling the Evolution of the Romanian IT Market: Past, Present, and Future
Uncover Romania's IT market evolution, from its inception to global prominence. Learn from success stories like Bitdefender and UiPath, and glimpse into a future driven by innovation, government support, and a talented workforce.
Real Estate
22.4.24
Deciphering the Romanian Office Market: A Deep Dive into Lease Prices, GLA, BOMA Standards, and Triple Net Leases
Unlock insights into Romania's office landscape in major cities like Bucharest, Cluj-Napoca, and Timișoara. Understand lease dynamics, GLA significance, BOMA standards' impact, and the role of triple net leases for informed decisions in this evolving market.
Real Estate
22.4.24
Guide to Buying Property in Romania for Foreigners: Costs and Challenges
Explore Romania's property landscape with its rich offerings and diverse challenges. From picturesque retreats to urban investments, grasp the costs and hurdles, especially for non-EU buyers, to make informed decisions in this captivating market.
Economic Development
22.4.24
Romania's Economic Renaissance: Unveiling Potential and Progress Since 1989
Embark on Romania's economic evolution post-communism, witnessing diverse industries thrive. From automotive prowess to IT innovation, agricultural richness, and tourism allure, Romania beckons investors and entrepreneurs with abundant opportunities for growth and development.
Travel & Tourism
22.4.24
A Comprehensive Guide to Private International Schools in Bucharest's Pipera Area: A Haven for Expat Families
Discover Pipera's Educational Haven: Premier International Schools for Expats. Immerse in academic excellence, community warmth, and modern living, crafting an enriching journey for families abroad.
Travel & Tourism
22.4.24
Embracing the Charm: Navigating Expat Life in Romania
Discovering Romania's charms: a narrative of expat life's intricacies. Delve into culture, warmth, bureaucracy, culinary explorations, and life's rhythms. Traverse the spectrum of enchantment, challenges, and personal growth in this diverse landscape.
Business & Consumer Services
22.4.24
Navigating Romania's Business Landscape: Evolution Post-1989 Revolution
Embarking on change: tracing romania's business landscape since the 1989 revolution. from transition challenges to reform initiatives and emerging opportunities, a journey towards growth and investment in a dynamic economy.
Chemicals
16.4.24
Deloitte Romania Facilitates AQUILA's Strategic Acquisition: Romtec Europa, Leading Producer of Car Care Solutions, Joins Forces
Deloitte Romania assisted AQUILA, leader in distribution and logistics services for the consumer goods market, in the acquisition of Romtec Europa, producer of car care fluids and aerosols.
Financial Services
4.4.24
Period during which fines for missing invoices will not be issued is extended
The decision to extend by a further two months the period during which fines will not be issued in the case of non-compliance with the obligation to submit invoices via the RO e-Invoice system gives entrepreneurs time to avoid any significant negative impacts on their businesses.
Artificial Intelligence
28.2.24
AI and the new CFO: mentorship, automation, and value creation
From February 28th to March 1st, the Winter edition of the Richmond Finance Forum was held at the Grand Hotel in Rimini. Our Managing Partner Claudia Paoletti gave two speeches titled "The Revolution of the CFO in the Age of A.I." Here are some insights she shared: The financial world is experiencing an unprecedented revolution driven by artificial intelligence (A.I.), notably impacting the evolving role of Chief Financial Officers. Let's explore the essential skills for today's and future CFOs.
Business & Consumer Services
10.1.24
Insufficient training and fiscal unpredictability challenge businesses
In Romania, constant changes in economic regulations, particularly taxation, rises the importance for companies to stay vigilant, attract specialized talent, and ensure timely implementation of evolving standards.
Agriculture & Forestry
8.1.24
Sigma CVM Romania Announces Landmark Partnership with Amazone
Sigma CVM Romania, a subsidiary of Saracakis Group of Companies and a leading player in the agricultural machinery sector, announced its new partnership with Amazone, a family-owned enterprise with 140 years of heritage and a legacy of excellence in farming solutions.
Healthcare
8.1.24
MedLife acquires da Vinci X robot for advanced robotic surgery
MedLife, the largest network of private medical services in Romania, continues to strengthen its expertise in the field of robotic surgery with the acquisition of the da Vinci X robot at the MedLife Polisano Hospital in Sibiu, the third da Vinci robot in the group.
Foodservice
28.12.23
PepsiCo is investing USD 13 million in its soft drink factory in Dragomirești
PepsiCo, one of the leaders in the food and beverage industry, announced today a $13 million investment in installing a modern fully automated production line at its soft drink factory in Dragomirești, which will become the company’s most modern production line in Europe.
Automotive
25.8.23
Auto Industry Consumer Preferences in 2023
Discover 2023's auto trends in Central and Eastern Europe with Mogo Romania. German cars, automatic transmissions, and a surprising 82.1% preference for diesel in Romania. Explore second-hand car choices and financing insights across the region.
