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.
Deloitte Romania assisted AQUILA, leader in the integrated distribution and logistics services for the fast-moving consumer goods market in Romania and the Republic of Moldova, in the acquisition of Romtec Europa, the company that produces car care fluids and aerosols. The transaction, valued at 3.2 million euros, was signed in December 2023 and completed recently, following approval from […]
CBRE Romania, the leader in providing commercial real estate services, launches an analysis regarding the business potential and alternative investment and development opportunities in Timiș County. According to the analysis, Timiș stands out as a vital centre of Romanian agriculture, ranking first in agricultural area with 693.034 hectares and second in organically cultivated land area. […]
By the end of 2024 the stock of modern retail spaces will overpass 4.5 mln. sq. m setting a new record for Romania. Circa 186,000 sq. m could be added to country’s modern retail stock if taking into consideration under-construction projects. The popularity of the specialized format is noticed in the forecasted developments, claiming 95% […]
The average office fit-out costs have increased by around 15-20% during the past 12 months, but they still remain among the lowest in the Central and Eastern Europe (CEE), according to data from the Cushman & Wakefield Echinox real estate consultancy company. With an average level of €943 per sq. m of office space, the […]
Romania is present at the 10th edition of the EU-Startups Summit in Malta, the biggest event for tech startups in Europe, through RoTechMission, a delegation organized by DiFine PR, Techcelerator and ROTSA (Romanian Tech Startups Association). More than 2,000 people, including 1,000 entrepreneurs and 300 investors, will attend the event, which takes place from May […]
AeroVacanțe, part of the Aerotravel group, is betting in 2024 on new destinations, more accessible for Romanians, as a result of the growing demand for holidays in new destinations untouched by mass tourism. Thus, the agency introduces for this summer 14 charter flights to Lesbos, the third largest island in Greece, where the costs of […]
