The Romanian Chamber of Tax Consultants (CCF), in a message published on August 21, addressed to the Finance Ministry, warned that the reforms under the draft law published for consultations on August 14 not only have a negative economic impact but some of them are ambiguous and breach the existing international agreements.
CCF also argued that radical provisions in the tax reforms proposed by the ministry, aimed at targeting the shifted profit and the fraud carried out through companies...
Befit, a new fitness brand launched by Vectr Holdings, announced on Monday, August 25, the acquisition of four Barzz clubs in Romania, marking the latest step in its expansion strategy. The takeover includes two locations in Sibiu and two in Deva, which will be officially integrated into the Befit network. The move brings the company’s […]
Prime minister Ilie Bolojan conducted his first foreign visit since taking office on Saturday, August 23, in the Republic of Moldova, “as a sign of attachment to the Bessarabian Romanians,” according to him. The head of the Romanian executive had talks with Moldovan counterpart, Dorin Recean, as well as meetings with president Maia Sandu and […]
The Romanian authorities recently installed in the Bucegi Mountains the first of 12 planned mountain emergency shelters, the Department for Emergency Situations - DSU announced. The container was placed at an altitude of 2,350 meters at the entrance to Cerdacul Văii Cerbului, on the route to Omu Peak. The operation,...
Residents of Bucharest see traffic congestion, cost of living, cleanliness, and pollution as the city’s most pressing problems, according to a new survey by the Centre for Urban and Regional Sociology (CURS). The study, conducted between August 12 and 22 on a sample of 1,100 adults, reveals widespread dissatisfaction with the capital’s direction, with 60% […]
While the number of employees paid the minimum wage in Romania is only 1.06 million (-3.6% y/y), accounting for 16% of the total number of labour contracts, the number of employees earning just above the minimum gross wage (RON 4,050 - 4,100 or around EUR 800) was 1.63 million, according to Ziarul Financiar, based on […]
The Social Democrat (PSD) mayor of District 4 in Bucharest, Daniel Baluta, is leading in the poll carried out by INSCOP for the [still unscheduled] mayoral elections in Bucharest. Another poll, carried out by CURS, confirms Baluta’s leading position. The race is, however, tight, and the centre-right parties coming up with a sole candidate might […]
