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NewLaw.ro, 6 months since launch: The most common requests from entrepreneurs: legal consulting in business law  

November 1, 2023

NewLaw.ro, 6 months since launch: The most common requests from entrepreneurs: legal consulting in business law   Launched at the beginning of the year, with the mission to support start-ups and simplify the lawyer-client relationship, the NewLaw.ro platform has identified and analysed the main legal needs of a start-up. In......

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Romanian trade unions prepare for possible general strike over austerity measures

Romania’s main trade union confederations are preparing coordinated protest actions and considering a general strike in response to the government’s new fiscal and austerity measures, Economica.net reported. The decision was made during a meeting of union leaders evaluating the impact...

Bolt, Uber assure their Romanian drivers are paying taxes and contributions legally

The Coalition for the Digital Economy, which brings together companies such as Uber, Glovo, Wolt, Bolt, Bringo, and Lime, in response to Ziarul Financiar's claims that the drivers of the ride-hailing operators are avoiding taxes and social security contributions, assured that this is not the case.  ...

OMV Petrom putting special dividend on ice conveys cautious message to investors

Romanian energy group OMV Petrom (BVB: SNP) will decide by the end of September on the special dividend, based on the progress of the investment projects, the impact of the present and future fiscal reforms implemented by the government, and the market conditions, the company's CFO Alina Popa explained, quoted by Cursdeguvernare.ro.  ...

Romanian teachers’ unions reportedly press education minister to reverse July reforms

Romania’s teachers’ unions announced on August 5 that education minister Daniel David has pledged to ask prime minister Ilie Bolojan to drop some of the most contested measures from the government’s first package of reforms, Hotnews.ro reported. The...

UniCredit Romania expects country's public deficit above 8% of GDP this year

Although the Romanian government is preparing two additional extensive reform packages, targeting mainly the spending cuts and a higher efficiency in the public administration, the 7% of GDP target for this year will not be met, with a level above 8% of GDP more likely, according to a research report by UniCredit Romania.  "Yet, we […]

Romanian deputy PM says magistrates’ pensions must be included in next reform package

Deputy prime minister Tanczos Barna stated on August 4 that Romania’s second package of deficit-reduction measures cannot move forward without addressing magistrates’ pensions, Economedia.ro reported. He warned that failure to reform the system would jeopardise...