When it comes to extending the network of companies held under a specific structure in Western Europe, ready-made companies are a popular alternative to incorporating a company from scratch. In fact, the rule is to acquire a ready-made company from a specialized provider and the exception is to incorporate one. Ready-made companies, also named “shelf companies" or more accurately, “off-the-shelf companies" are companies incorporated by specialized providers with the purpose of being sold to investors who need a new company in a respective jurisdiction. The name describes them quite accurately – such companies are a simple set of documents and do not hold any assets, do not have any employees, they leave all of this to the decision of the buyer and, according to the local legislation of each jurisdiction.
A new study by RoCoach and Novel Research shows that 72% of Romanians believe artificial intelligence (AI) could help reduce corruption and increase transparency in public institutions. The findings reflect growing public interest in how technology, including digital records and the use of AI, could improve administrative efficiency. Despite this optimism, 44.5% of respondents say […]
ARTE.tv, the European public streaming platform, is now available in Romanian for viewers in Romania and the Republic of Moldova. The new version of the platform offers access to documentaries, series, news programs, concerts, and films, all with Romanian subtitles or voice-over. ARTE.tv already offers content in six other languages, namely French, German, English, Spanish, […]
Romania Education Alliance (REA), the first national initiative dedicated to scaling private education in the country, has unveiled a EUR 20 million investment plan aimed at uniting over 15 private schools under a single educational network by 2028. The announcement marks a significant milestone for REA, founded in 2024 by education entrepreneurs Anca and Dan […]
Environment minister Diana Buzoianu issued a stark warning about the condition of the Praid Salt Mine, saying the site is in an irreversible state of degradation and the collapse of its ceiling is now only a matter of time. During a recent visit to the area alongside economy minister Radu Miruță, a portion of the […]
A Code Red warning for extreme heat has been issued in southern Romania, with the intense heatwave expected to grip the region between Tuesday morning, July 22, and Wednesday morning, July 23. The alert covers the counties of Dolj, Olt, Teleorman, Giurgiu, Călărași, Ilfov, and the capital city, Bucharest. Temperatures in these areas are forecast […]
Four Ukrainian military aircraft unintentionally entered Romanian airspace for several minutes during the night of July 20 to 21, amid a large-scale Russian attack on Ukraine's airport infrastructure. The Romanian Ministry of National Defence (MApN) confirmed the incident, stating that two Romanian F-16s and two Italian Eurofighter Typhoons were scrambled as a precaution, but the […]
