High Court of Cassation and Justice (ICCJ) decided on Monday that public assemblies must be previously declared when they are going to be held in squares or on public roads, or in other places that are in the vicinity of the premises or buildings of legal persons of public or private interest. The decision is mandatory. Thus, the magistrates of the Supreme Court admitted the appeal in the interest of the law submitted by the Leading College of the Bucharest Court of Appeal. In July the Managing Committee of the Bucharest Court of Appeal notified ICCJ of an inconsistent practice in courts regarding the interpretation of the provisions of Art. 3 of Law No. 60/1991 on the organization and running of public gatherings, specifically of the phrase “taking place outside of or within the precincts of premises or seats of public or private legal entities.” Most of the courts under the jurisdiction of the Bucharest Court of Appeal considered that the gatherings taking place at a public venue – public road, carriageway, sidewalk, public square, or a location outside the premises of public or private legal entities do not need to be declared.
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Deloitte Romania assisted AQUILA, leader in the integrated distribution and logistics services for the fast-moving consumer goods market in Romania and the Republic of Moldova, in the acquisition of Romtec Europa, the company that produces car care fluids and aerosols. The transaction, valued at 3.2 million euros, was signed in December 2023 and completed recently, following approval from […]
CBRE Romania, the leader in providing commercial real estate services, launches an analysis regarding the business potential and alternative investment and development opportunities in Timiș County. According to the analysis, Timiș stands out as a vital centre of Romanian agriculture, ranking first in agricultural area with 693.034 hectares and second in organically cultivated land area. […]
By the end of 2024 the stock of modern retail spaces will overpass 4.5 mln. sq. m setting a new record for Romania. Circa 186,000 sq. m could be added to country’s modern retail stock if taking into consideration under-construction projects. The popularity of the specialized format is noticed in the forecasted developments, claiming 95% […]
The average office fit-out costs have increased by around 15-20% during the past 12 months, but they still remain among the lowest in the Central and Eastern Europe (CEE), according to data from the Cushman & Wakefield Echinox real estate consultancy company. With an average level of €943 per sq. m of office space, the […]
Romania is present at the 10th edition of the EU-Startups Summit in Malta, the biggest event for tech startups in Europe, through RoTechMission, a delegation organized by DiFine PR, Techcelerator and ROTSA (Romanian Tech Startups Association). More than 2,000 people, including 1,000 entrepreneurs and 300 investors, will attend the event, which takes place from May […]
AeroVacanțe, part of the Aerotravel group, is betting in 2024 on new destinations, more accessible for Romanians, as a result of the growing demand for holidays in new destinations untouched by mass tourism. Thus, the agency introduces for this summer 14 charter flights to Lesbos, the third largest island in Greece, where the costs of […]
