Romania will be closed for new investments as no investor will accept to invest in a country where he has to pay taxes before recovering his losses, stated on Wednesday Gabriel Biris, partner with Biris Goran, at the digital professional debate:’ What have we got out of it? The effects of the fiscal measures package on the economy’, organized by the Coalition for Freedom of Commerce and Communication. He stated that the situation was created as a result of the fact that ‘the budget for 2023 was wrong’ and the Ministry of Finance’ inflated revenues and committed expenditures’ but the revenues were not realized.According to Biris, the measures affecting the Fiscal Code could be divided in two, namely measures coming in an area of normality and measures with negative impact.‘The measures in the Fiscal Code, I would divide them in two categories. I will start with the less damaging, those I consider in an area of normality, namely the changes for microenterprises and some changes as regards the basis for calculating social security contributions for self-employed persons’ said Gabriel Biris.On the other hand, he stated that there are toxic changes, mentioning turnover tax, saying that it is an income tax.Similarly, he referred to supplementary taxation of 2% for the banks, saying that it will affect the health of the banking system. At the same time, he mentioned the supplementary tax for the oil and gas industry, measure which will affect Romgaz, Petrom and Black Sea Oil&Gas.
The demand for logistics and industrial spaces reached 575,000 sqm during the first 9 months of this year, a decrease of 20% compared with the same period of 2023, according to a report by real estate consulting company Cushman & Wakefield Echinox. The figures for Q3 2024 reveal that 164,000 square meters were contracted, a […]
Dutch classical music star André Rieu will return to Romania for two concerts at BTarena in Cluj-Napoca on November 13 and 14, 2025. Rieu’s concerts in Romania, where he enjoys a high degree of popularity, have set multiple attendance records. In 2015 and 2016, he performed nine sold-out shows in Bucharest’s Constitution Square for over […]
Till Lindemann, the frontman of famous German rock band Rammstein, will embark on his "Meine Welt" tour across European arenas in the fall of 2025. Among his stops he is scheduled to perform in Romania on December 4, 2025, at Romexpo in Bucharest, as announced on his official website. The "Meine Welt" tour will take […]
HR Summit, one of the most important events dedicated to the human resources industry in Transylvania, will take place under the theme Shifting Priorities: Talent, Technology, and Trust, on Friday, November 22, at Radisson Blu Hotel in Cluj-Napoca. This year's edition of HR Summit focuses on leadership, employee well-being, the introduction of innovative...
Fourteen Central and Eastern European startups (CEE) have been selected for the first edition of the Impact Creators accelerator, Impact Hub Bucharest and PurposeTech announced. The application period attracted 133 proposals from 18 countries. The startups will participate in an intensive program to accelerate their businesses, which will end with a Pitch Day. The most […]
The immersive art museum MINA Cluj will host a special event featuring Dumitru Prunariu, the only Romanian who flew in space. Scheduled for November 24, the event will give the public the opportunity to hear the stories directly from the one who represented Romania in the Soyuz 40 mission in 1981, carried out as part […]
