The Government decided on Wednesday, through an emergency ordinance, that the current system of calculating the tax on buildings and the tax on land will be maintained until the beginning of 2026.Thus, the Government approved the extension of the entry into force of the provisions relating to the tax on buildings and the tax on land provided by OG no. 16/2022 for the amendment and completion of Law no. 227/2015 on the Fiscal Code, the repeal of some normative acts and other financial-fiscal measures, from January 1, 2025 to January 1, 2026."For the implementation of the real estate tax reform, a specialized structure will be established within the Ministry of Finance, according to the recommendations of the international institutions that provided technical assistance - the World Bank and the IMF. The implementation of the real estate tax reform represents a commitment assumed by the National Reform and Resilience Plan (PNRR)", the release reads.
Garanti BBVA has granted a EUR 7.5 million loan to MG Tec Industry SRL, the leading Romanian producer of paper tissues. The financing benefits from a state guarantee issued by Exim Banca Românească, covering up to 75% of the loan value. Garanti BBVA and MG TEC Industry share a commitment to sustainability, with MG Tec […]
One United Properties (BVB: ONE), Romania’s leading green developer of residential,...
Controversial social media influencer Andrew Tate and his brother Tristan, who are being investigated on several charges related to human trafficking and other offenses, left Romania in the early hours of Thursday, February 27, according to media reports. They are reportedly heading to the US by private jet. According to
One United Properties (BVB: ONE), Romania’s leading green developer of residential, mixed-use, and office real estate, recorded a preliminary turnover of 285.5 million euros in 2024, gross profit of 88.6 million euros, while the net profit for the year stood at 76.7 million euros. “Over the past five years, One United Properties has transformed from […]
Garanti BBVA has granted a EUR 7.5 million loan to MG Tec Industry SRL, the leading Romanian producer of paper tissues. The financing benefits from a state guarantee issued by Exim Banca Românească, covering up to 75% of the loan value. Garanti BBVA and MG TEC Industry share a commitment to sustainability, with MG Tec […]
E.ON Energie Romania completed the construction of a 655 kWp installation in Timişoara for Continental Automotive, one of the largest developers and manufacturers of innovative systems in the automotive sector. The project involved the installation of a photovoltaic system consisting of 1,440 solar panels that will provide almost 715 MWh of renewable electricity for Continental […]
