Macroeconomic uncertainty, consumption contraction, interest rates and also inflation are the main factors which may impact the Romanian real estate market, according to the real estate investors and developers who responded to the second edition of the Cushman & Wakefield […]
On 5 January 2024, the legislation on the global minimum tax was transposed in the Romanian domestic tax legislation through Law no. 431/2023. Although the first filing deadline for multinational and domestic groups in scope is estimated for June 2026, […]
As we enter 2024, economic dynamics are shaping fresh trends in the forex market, presenting traders with a mix of opportunities and challenges. In an effort to assist Romanian import-export companies streamline their budget forecasting, iBanFirst, a leading global provider […]
Romania’s real estate market prepares to end a “decent” year, with intense activity in the industrial sector, but also with a decline in economic dynamic and a significant decrease in investment market activity, as Colliers consultants predicted at the beginning […]
A third of companies worldwide (34 percent) anticipate a significant increase in their group’s global effective tax rate, as a result of the implementation of the two-pillar global tax reform coordinated by the Organization for Economic Co-operation and Development (OECD), […]
The economic situation of companies with German capital in Romania has deteriorated this autumn, and most of them are also pessimistic about the future, according to the results of a survey carried out by the Romanian-German Chamber of Commerce and […]
Article by Noerr lawyers and consultants (Theodor Artenie, Tax Practice Coordinator & Carmen Mazilu, Senior Fiscal Consultant) On 26 September, the Romanian Government approved by way of Law No. 296/2023 (the “Law”) important fiscal measures intended to reduce the budget […]
Romania has an increased risk of deindustrialization The trade deficit for mineral products, construction materials, chemical and metallurgical products reached 9.4 billion euros, in 2023 ABIEC members generate business of over 4.5 billion euros and pay over 336 million euros […]
Automotive industry generated the largest demand for production spaces throughout Romania, in the last 10 years Bucharest, the most developed industrial & logistics region CBRE, the global and national leader in commercial real estate services and investments, launched „Manufacturing Report […]
More than a third of Romanians (34.3 percent) want to take out a loan in the coming months, of which almost 62 percent want a personal needs loan, according to a tbi bank survey among 1,057 respondents across the country. […]
