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Articles - business environment

Financial Times sees growing risks in Romania

Political conflicts, corruption, disagreements with the International Monetary Fund and the fiscal policy easing in Romania are not the ingredients of a performing emerging market, writes the Financial Times.

Fiscal Code to be re-evaluated in extraordinary session in August

Acting president of PSD, Liviu Dragnea, said that the coalition decided to convene an extraordinary session of Parliament to review the Fiscal Code between 24 -26 August, according to Mediafax.

FIC supports the new Fiscal Code while considering its sustainability of utmost importance

The Foreign Investors Council (FIC) supports the new Fiscal Code approved by the Romanian Parliament. Many of the provisions in the new Code represent a step forward towards modernizing and clarifying the Romanian fiscal framework.

Over 57% of SMEs in Romania expect the economy this year to follow a similar trend to 2014

Over 57 percent of the Romanian small and medium-sized enterprises (SME) expect the economy this year to follow a similar trend to 2014, with 28.37 percent of SME owners anticipating a downward trend and only 14.52 percent seeing a positive trend.

Foreign direct investment, up in Romania in the first five months

Foreign direct investment went up by 18% in the first five months of 2015 compared to the same period of last year, reaching EUR 1.29 billion.

Three days to register a company in Romania

Romania’s National Trade Registry’s Office (ONRC) will issue registration certificates for new companies in three days after filling the request, if no additional documents are needed, the institution announced on July 13.

Over 100 Italian companies come to Romania monthly

Over 100 Italian companies come to Romania each month, said Italian Foreign Minister Paolo Gentiloni.

Why Romania is a good destination for investments

The costs with work force in Bucharest - the most expensive local city from the point of view of salaries – are almost 20% lower than those in Warsaw (Poland), Bratislava (Slovakia) and 15% lower those in Prague (the Czech Republic) which makes Romania one of the best destinations for investment, shows an analysis made by the consultancy company in management Hay Group Romania.

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