The legislative proposal on the introduction of mandatory contribution for economic actors affects market principles and restricts the principle of free association, according to the representatives of the Foreign Investors Council (FIC)."In a difficult economic context generated by developments in the energy market, inflation and geo-political instability, the economic environment needs measures to support companies and private initiatives. The legislative proposal on the introduction of mandatory contributions for economic actors affects the market principles, as well as restricts the free association principle. The introduction of such a framework will result in the disruption of the Romanian companies' competitiveness, through a new fiscal, but also bureaucratic burden," FIC informs in a press release on the new rules for the business environment.FIC representatives point out that measures are being taken at both European and national level to support the business environment so that companies can continue their work, which ultimately contributes to the state budget and creates jobs.FIC is the association that brings together the most important investors with foreign capital in Romania, approximately 120 of the largest companies in the country with a cumulative turnover that represents a fifth of the gross domestic product and that have a significant contribution to the state budget.Also on this topic, Concordia CEO Radu Burnete said on Thursday that forcing Romanian companies to pay taxes to an organization does a disservice to the business environment because such funding can easily turn into a form of political pressure on beneficiary organization.The President of the Romanian Chamber of Commerce and Industry, Mihai Daraban, announced on Wednesday that all Romanian companies will be obliged, before submitting the balance sheet to ANAF, to pay a contribution to be included in a catalog for the promotion of Romanian companies. The obligation was included in a draft amendment to Law 335/2007, the Law on Chambers of Commerce in Romania, a bill under parliamentary debate.
INVOLI, together with Vantage Towers Romania, proudly announces an enhanced strategic partnership aimed at transforming air traffic surveillance throughout Romania regional airports. This initiative marks a significant step in our joint commitment to advancing safety and operational efficiency across all levels of Romanian airspace. Partnership Overview Extended Collaboration: Building on the successful implementation of the […]
Emanuele Nicola Affaticati, a young boy of Romanian origin, will be given the recognition of "Alfiere della Repubblica" (Standard Bearer of the Republic) in Italy for preventing a murder. Emanuele lives in the town of Fiorenzuola D’Arda, in the Piacenza area. In December 2022, he foiled the plan of a man who intended to kill […]
The salaries in the local business services industry have seen a 4% increase in March 2024 compared to September 2023, according to the HR Barometer conducted by the Business Service Leaders Association (ABSL) and PwC Romania. Bucharest leads in salary increase levels at 4.7%, while the region of Banat - Transylvania witnessed an increase of only 2.1%. […]
Romania's Central Electoral Bureau recently published the definitive list of candidacies for the European Parliament elections. According to the BEC decision, 12 political formations and electoral alliances, as well as 4 independents, will participate in the European elections. The candidacies submitted by the Electoral Alliance of Social Democrats and Liberals (PSD-PNL), the United Right Alliance […]
Liberal (PNL) candidate for mayor of Bucharest, Sebastian Burduja, who recently presented his plan for the city, argued that the Romanian capital should strive to become a port on the Danube. The project was first envisioned roughly 170 years ago, in the 1850s, by the Romanian authorities at the time. "It's a project that I […]
Romania will host the third hydrogen bus roadshow this spring as part of the JIVE projects supported and funded by the Clean Hydrogen Partnership, followed by Greece, Bosnia Herzegovina, and Bulgaria. During the first JIVE project CEE roadshow, which ran between November 2022 and January 2023, the bus traveled across Slovenia, Croatia, Czechia, Slovakia, and […]
