Category: Uncategorized

The European Commission revised the forecast for the winter crops’ yields in Romania downward, while summer crops are expected to be impacted in the southern parts of the country, according to Economica.net.  The latest forecast of the European Commission indicates a decrease in yields per hectare compared to May for most crops due to the…

The Organization of Women Entrepreneurs within the General Union of Industrialists in Romania (OFA UGIR) requests the government to abrogate the emergency ordinances 69/2024 endorsed on June 21 regarding the implementation of mandatory e-Invoice mechanism for B2C deliveries (centralised registration of the invoices for deliveries to natural persons), G4media.ro reported. OFA UGIR also requests the…

Associations of accountants in Romania and members of dedicated Facebook groups are joining forces to organise on July 8 a rally towards the headquarters of the tax collection agency ANAF and the Ministry of Finance to protest against the precipitated enforcement of the e-VAT regulations by emergency ordinance (OUG) 70/2024 passed on June 21 after only…

British Football School announced the last-minute bookings for their highly anticipated BFS Holiday Camps! Don’t miss out on the chance for your child to experience an unforgettable week of fun and professional training.  Multiple dates and locations available to suit your schedule: Pipera: June 24th – June 28th Bucharest-Pescariu: July 1st – July 5th Bucharest-Tei: July 8th –…

Calea Victoriei avenue in downtown in Bucharest will host an international street theater event on the weekend of June 29-30. International artists from Italy, France, and Spain will perform as part of the ‘Open Streets, Bucharest – Urban Promenade’ project, offering an electrifying summer weekend with unique and vibrant experiences for all attendees.  The large-scale fantastic…

The European Commission recently issued a positive preliminary assessment to lift the suspension of payment of EUR 714 million to Portugal, and EUR 37.2 million to Romania after acknowledging the progress made in implementing their respective Recovery and Resilience plans.  This comes after earlier suspensions, where the Commission had found that certain milestones and targets…

Remote Butler, an IT startup from Cluj-Napoca, said it would launch its Ospătar la Distanță (Remote Butler) app this summer. The application will initially be introduced in three restaurants in Cluj-Napoca, which are faced with a shortage of waiters speaking foreign languages, and will later be introduced in restaurants in Bucharest and other big cities.…

Instant Factoring has become the first fintech financial institution and factoring company in Romania to benefit from financing from the European Investment Fund (EIF) after signing a RON 5 million (EUR 1 million) subordinated loan agreement. EIF representatives conducted direct meetings with Instant Factoring clients to validate the necessity and efficiency of the financial solutions…

José Alberto Chueca Val will take over as CEO of Lidl Romania starting in September of this year, the retailer announced. He is taking over from Marco Giudici, who will hold a strategic role in the group’s international acquisitions team. Alberto Chueca has worked in both the financial-legal sector and retail and has been with…

The 23rd edition of the Transilvania International Film Festival (TIFF) in Romania’s Cluj-Napoca announced its winners this past weekend, with Indian films winning the top awards.  The Transilvania Trophy, worth EUR 10,000, went to the Indian film Girls Will Be Girls, the debut of director Shuchi Talati. The movie explores what it means to be…