Tax law predictability and the flexibilization of the Labor Code were among the topics tackled on Tuesday at a meeting between Senate President Ilie Bolojan and representatives of Amazon, a major investor in Romania's technology sector, which will soon celebrate 20 years of presence in the country, a release posted on the Senate's website informs."An important point of the discussions was the need for legislative predictability, especially as regards tax changes. Amazon representatives emphasized the importance of a clear calendar for implementing legislative changes, avoiding short-term decisions without consulting the business environment, and creating a stable climate favorable to investments. In this context, they reiterated the need for constant dialogue between the authorities and the private sector. Another topic was a higher flexibility of the Labor Code, considered a key factor for attracting foreign investments. Aspects such as performance management, regulation of the work schedule and stimulating competitiveness were highlighted as elements that can contribute to increasing Romania's attractiveness as an investment destination," the release states.The Senate President spoke about the measures needed to reduce the budget deficit below the 7% threshold through a process of reorganization of the public institutions, which includes streamlining the administration by eliminating redundant structures, axing unjustified positions and optimizing operational costs.Ilie Bolojan also emphasized the importance of the presidential election in May, which "will influence Romania's strategic direction in the coming years."Amazon Romania, with headquarters in Iasi and offices in Bucharest and Timisoara, carries out activities in key areas such as software development, research, AI, cybersecurity and cloud computing. Amazon is involved in educational and social projects, including the construction of a STEM Park in partnership with the 'Gheorghe Asachi' Technical University of Iasi, which stimulates children's interest in science, technology, engineering and mathematics.
The investment includes the modernization of the production unit in Crevedia and the launch of PIUA, Maidan’s first premium spreadable product range, responding to the growing demand in the ready-to-eat market. Maidan, a company active in corporate and private event catering, industrial catering and the development of its own gastronomic products, announces a total investment […]
One United Properties (BVB: ONE), the leading green investor and developer of residential, mixed-use, and office real estate in Romania, announces the signing of a new lease agreement for the relocation of Cencora Romania’s headquarters within One Cotroceni Park, the most modern business ecosystem in Bucharest. Cencora is a global leader in pharmaceutical solutions, dedicated […]
Unanimously adopted, the Nordis Law marks a decisive moment for Romania’s residential market. It introduces a set of rules designed to protect buyers, hold developers accountable, and reduce speculative risks, with a strong focus on transparency and stability. Under the new legislation, the reservation fee cannot exceed 5% of the property value, reservation contracts cannot […]
Via Dobrogeana, a planned trail covering the southeastern part of the country, aims to offer travelers the opportunity to explore the region's cultural and ethnic diversity. The trail will be about 850 km long, stretching from the 17th-century Sfânta Precista Monastery in Galați to Ialomița County. Via Dobrogeana will be a mixed route. In addition […]
Police and prosecutors carried out 25 searches in Romania and Italy on Tuesday, November 18, aiming to dismantle a group made up of four families, who allegedly sexually exploited, mainly in Italy, more than 30 victims. After the searches, 19 people were detained, and two others were placed under judicial control for forming an organized […]
Deep Purple, one of the most important rock bands in the world, is set to return to Romania for a concert on October 1, 2026, at the BT Arena in Cluj-Napoca. A giant in global rock, Deep Purple is one of the most appreciated bands in the world. The group boasts five decades of chart-topping […]
