President Klaus Iohannis promulgated, on Friday, the law which includes the implementation of the visa for the digital nomads in Romania, namely it introduces a new purpose for getting a work permit in our country. According to the law which came into power, a digital nomad is the alien who is hired with a work contract to a company registered outside Romania and who offers services by the use of information technology and communications or who owns a company registered outside Romania, where he offers services through the use of information technology and communications and can provide the activity of employee or the activity in the company remote, by the use of information technology and communications. The long stay visa is granted, on request, to the digital nomads who want to travel and stay on the Romanian territory, while they continue to get income by working according to the work contract to a company registered outside Romania or through activities developed in a company registered by them outside Romania, by the use of information technology and communications, if they cover several conditions at the same time. Digital nomads, coming to Romania on the basis of a long stay visa, for other purposes, may request the prolongation of the temporary right of stay if they cover several conditions at the same time.
An expected decision on prolonging the price capping mechanism for staple food, which expires at the end of September, may generate more tensions within Romania's four-party coalition. The Social Democrats (PSD) expressed firm views over the weekend, after the government's spokesperson, Ioana Dogioiu, on September 13 claimed that the non-prolongation decision was approved by all […]
Romania's Foreign Ministry summoned the Russian ambassador for the second time in only a couple of days, after a Russian drone entered the national territory in the evening of September 13. In a mission described by Romanian defence minister Ionut Mosteanu as "most likely a provocation," the Russian drone followed a circular trajectory for 50 […]
Rosavis Prod, a business founded in 2007 by the Vica and Constantin Mihăilă family in northeastern Romania at Roşieşti, Vaslui County, which raises 2 million chickens annually, is investing EUR 10.8 million in a feed factory, Ziarul Financiar reported. Out of this, EUR 6.5 million will come...
Telecommunications operator Digi Communications (stock symbol DIGI) has hired investment bank Rothschild to evaluate a possible listing on the Madrid stock exchange of its Spanish business, the publication Expansión wrote on September 12, citing anonymous market sources, according to Ziarul Financiar. ...
Romania’s current account (CA) deficit in rolling 12 months has narrowed for the second consecutive month to EUR 32.12 billion in July, according to the data published by the National Bank of Romania (BNR). The 12-month rolling CA gap has thus narrowed by EUR 0.5 billion from June, after it previously contracted by EUR 1.4 […]
Romania's minister of finance, Alexandru Nazare, has been on a working visit to Washington, DC, from September 11 to 13 to strengthen economic and financial dialogue with American partners and attract new investors in key sectors for Romania, such as energy, infrastructure, and technology, the Ministry of Finance announced. The agenda of the visit included […]
