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.
Romanian singer Alexandra Ușurelu will perform a Christmas Charity Concert on Thursday, December 18, at the Ibis Bucharest Politehnica Hotel. The event will raise funds to support the education of 100 children with severe illnesses through the Păsări Association. According to the organizers, each ticket purchased will contribute directly to this cause. Alexandra Ușurelu, known […]
eXp Realty, a leading independent real estate brokerage and a subsidiary of eXp World Holdings (Nasdaq: EXPI), has officially entered the Romanian market as part of its ongoing global expansion. The company also launched in Turkey, Peru, Japan, Ecuador, and South Korea in 2025. The company reported third-quarter sales volume of USD 54.1 billion and […]
About 75% of Romanian employees say that work plays an important role in their lives, but is not their life’s main purpose. Moreover, only 9% of Romanian employees are completely disengaged at work, according to a Pluxee-Ipsos study that surveyed 8,700 employees across 10 countries. Far from confirming the “Great Detachment,” the study presents several […]
The Romanian chain of stores Contakt, a leader in mobile phone accessories retail, announced its entry into the Czech market this week. The company is currently conducting an initial public offering (IPO) on the Bucharest Stock Exchange (BVB). Contakt has already signed for two locations in Prague, in premium retail areas located in high-traffic malls. […]
Romania is expected to be affected by a mass of Saharan dust between November 21 and 23, according to the National Meteorological Administration (ANM), as reported by Digi24. The airborne particles, carried by a south-westerly air flow, will spread across much of the country, with dust deposits becoming visible particularly in areas...
Romania’s business landscape has undergone a significant transformation, with company revenues tripling and profits increasing more than fourfold between 2008 and 2024, according to a comprehensive study released by Termene.ro. Based on official financial data, the research highlights what analysts describe as the country’s entry into a “new normal” of economic maturity. The study showed […]
