President Klaus Iohannis promulgated on Friday, the law amending and completing the Land melioration law no. 138/2004 and the amending of article III, paragraph (1) and (3) of law 269/2015 approving government emergency order 4/2015 amending government emergency order 83/2011 on certain organization measures for land melioration, the Presidential Administration informs. The document mentions facilitating investments in irrigation systems from national and European funding. Thus, the promulgated law will replace the owners' written consent as there are many cases when investments are blocked because land owners cannot be identified. Therefore, in case contracts do not explicitly include the land owners' consent and/or they cannot be identified, the authorization owners will publish a notification on the intention to carry out works, at the mayoralty of the locality where the lands are, identifying those lands according to provisions of law 138/2004. The “Agency for Financing Rural Investments, organizations and federations benefit from the servitude right for underground, land or aerial passage and the right of use on lands public or private property located within the land melioration area. These rights have as object the public use of goods and are compulsory throughout their existence, without being included in the land documents. They include the right of use, maintenance, repair and guard of respective goods as well as the removal of disaster follow-ups and application of environment protection measures, according to legal provisions in force”, according to the law promulgated by the head of state. Irrigation systems are authorized by the National Land Melioration Agency. “For local irrigation systems set up before the coming into force of the present law, beneficiaries must be authorized by the Agency in 6 months time since the approval of methodological norms”.
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 […]
