World Bank’s DoingBusiness report on 2014: Romania ranks 73rd ot of 189 countries
Romania maintains the same ranking as in the last year DoingBusiness Report of WorldBank, that takes into account the macro economy data and entrepreneurship fiscal and economic indicators to establish how welcoming a country is for foreign companies and investors in terms of doing business.
2013-10-29 14:29:12
Romanian performance slightly evolved since last year, gaining 0.48 points to reach 65.11 points due to several improvements for: startups, tax payments and contract enforcement. The report highlighted that Romania has simplified the process of starting a business by transferring the registration certificate from the Trade Registry Tax Administration. Romania has made it easier and cheaper fees reducing the frequency of payments once a quarter to twice year contracts. Also, Romania has simplified compliance by adopting a new code of civil procedure and expedites any legal proceedings.
Worldwide, the most welcoming country for doing business as it ranked first is Singapore, followed by Hong Kong, New Zeeland, US and Denmark. Within European countries, Greece climbed on 72nd place, from 78th occupied in the last year report. As expected, the countries where political and severe war happenings altered the social and business context, made the bottom of the list, as Syria, ranking on 165th and falling from 144th.
|
|
| |
|
Daily Info |
Smart city is not a fad, it's a necessity In June 2018, the ranking of the most "smart" cities in the world was published. In other words, the most advanced cities in terms of human capital, social cohesion, the econo... |
Ondrej Safar, CEZ Group: "Romania can become a hub for international smart solutions providers" "We are already in the digital age, so the upward trend of implementing smart solutions is inevitable in all areas," he tells The Diplomat-Bucharest. "Especially in terms of u... |
Telekom Romania, a strong supporter of Smart City development in Romania Just like many other countries in the world Romania is now facing an unprecedented growth of the urban population, which can be both beneficial and detrimental for the society... |
In the industrial era, the fight was for finite material resources. Not anymore Now organizations fight and develop themselves for and around their talent.
In a nutshell, getting ahead in today's business world is all about attracting and inspiring an e... |
Richard Sareczky, Mol Limo: "We look at expansion locations across CEE including Romania" Consumer mobility behaviour is changing, leading to up to one out of ten cars sold in 2030 potentially being a shared vehicle and the subsequent rise of a market for fit-for-p... |
|
|
|
|
|
|
|
|
advertising
advertising
advertising
|
More on News |
President Iohannis urges Romanians to be more united, stay involved in modernizing Romania Romania's President Klaus Iohannis urged Romanians in France to be more united and stay involved as much as they are now in helping modernise Romania. |
Catrina, MCSI: Romania is ready to roll up its sleeves and work during the presidency of the EU Council Romania is ready to roll up its sleeves and work during the presidency of the Council of the European Union (EU), said Maria Manuela Catrina, State Secretary at the Ministr... |
Two billion youth risk of being left behind in the Fourth Industrial Revolution workforce, says Deloitte Almost two billion youth worldwide risk of being left behind in the Fourth Industrial Revolution (Industry 4.0) workforce, which is changing at an increasingly rapid pace a... |
ArcelorMittal receives binding offer for European assets from Liberty British-owned Liberty announced a conditional agreement to buy four European steel plants, employing more than 12,500 people. |
The Romanian labour market needs a well-thought approach, says FIC The Foreign Investors Council (FIC) has signaled in the past 2-3 years that its members are anticipating increasing strains on the Romanian labour market because starting w... |
Revolut gets European banking license Fintech startup Revolut is now officially a bank. While the startup initially expected to get its European banking license during the first half of 2018, the company has fi... |
Dacia receives 115.8 million RON in state aid from the Finance Ministry The Romanian Finance Ministry has signed five more grant agreements under the state aid scheme, and among the beneficiaries are Automobile Dacia, with RON 115.8 million. |
|