English Section

1 septembrie 2023
Seniority can be completed by the end of next year

Seniority can be completed by the end of next year

I.Ghe.English Section / 1 septembrie 2023

The acquisition of length of service, necessary for retirement at the age limit, has been extended until the end of 2024, according to an emergency ordinance approved yesterday by the Government, the Ministry of Labor and Social Solidarity announced in a press release.

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Continuous Increase in Demand for Rental Housing

Continuous Increase in Demand for Rental Housing

E.O.English Section / 1 septembrie 2023

A trend of continuous growth is being observed in the demand for rental housing on the national level, making it one of the largest and most dynamic markets, according to experts at Imobiliare.ro. They state that tens of thousands of apartments...

MEPs reject the reduction of the EU budget

MEPs reject the reduction of the EU budget

I.GHE.English Section / 31 august 2023

The 2.3 billion euro reduction of the European Union budget for next year proposed by the representatives of the member states was rejected, yesterday, by the members of the Budget Committee of the European Parliament, according to Euractiv.

Revenue and profit down for Aages

Revenue and profit down for Aages

ANDREI IACOMIEnglish Section / 31 august 2023

The manufacturer of induction heating installations Aages Târgu Mureş (AAG) reported, for the first six months of this year, operating revenues of 21.2 million lei, 10.3% below those of the first quarter of last year, while that the global net...

THR-Marea Neagră turns a profit

THR-Marea Neagră turns a profit

ANDREI IACOMIEnglish Section / 31 august 2023

In the spring, the company sold the Venus Complex in Eforie Nord for four million euros " The predominant activity actually carried out in the first semester of 2023 was the rental of real estate", the report states. 

Florin Jianu

SMEs oppose tax changes

George MarinescuEnglish Section / 31 august 2023

The fiscal changes that the Government would like to approve in the next period to reduce the state deficit are not consistent with the data on the 5% decrease in consumption - a decrease that started as early as May - and with the expectations...

Global trade accentuated its decline

Global trade accentuated its decline

Călin RecheaEnglish Section / 29 august 2023

Călin Rechea

The volume of global trade registered an annual decrease of 2.5% in June 2023, after a decline of 2.1% in the previous month and 0.8% in April 2023, according to the latest World Trade Monitor report from the Dutch institute CPB ( www.cpb.nl)....

Subsidy for fuel used by farmers in 2022

Subsidy for fuel used by farmers in 2022

I.GHE.English Section / 28 august 2023

The government wants to subsidize with 2 lei per liter half of the fuel consumption of farmers last year, to which the excise subsidy of 1.56 lei will be added, Florin Barbu, the Minister of Agriculture and Rural Development.

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