contracts

The decrease in demand for office spaces in Bucharest following the pandemic period is reflected in the volume of pre-leases, which saw a reduction of over 50% between 2020 and 2023, according to an iO Partners study. Additionally, the low…

The Mechanical Plant in Cugir intends to hire "urgently" 88 people, in order to be able to honor a series of new contracts for the supply of ammunition. The factory must increase monthly production by 50%, from 500,000 pieces to 750,000…

In recent years, mayors in Romania have spent millions of euros on fireworks. A significant portion of these fireworks has been displayed on New Year's Eve, and this year seems poised to break all records in terms of New Year's Eve…

The Neptun Deep project for Black Sea gas is progressing, with over 80% of the execution contracts awarded, according to OMV Petrom. The company has signed an agreement worth an estimated 325 million euros for the semi-submersible…

The Council of Europe asked Romania to declassify the contracts based on which parties give money to media institutions. At the same time, it requested that the justice laws be amended in accordance with the opinions of the Venice…

The new changes made in the Fiscal Code, including the overtaxing of part-time employment contracts, the obligation of the employment of at least one full-time person and the increase of the profit tax to 16% for consulting companies,…

A group of ten Eastern European countries has called on the European Commission to renegotiate contracts for Covid-19 vaccines, according to a letter consulted by Politico referring to an over-supply with doses and the need to protect state…

Russian president Vladimir Putin has announced that he has signed a decree obliging countries that buy Russian gas to pay it in rubles, starting with April 1, and if payment is not made in this currency, then the contracts will be…

Commercial real estate players in Romania will be inclined to conclude contracts for shorter periods than before the pandemic, as almost 80% of owners, developers and investors in this field consider contractual adjustments and flexibility…

Real estate agencies have brokered more than 650.000 sqm of warehousing spaces during last year, throughout Romania, says a Dunwell market analysis for 2020. Most of the contracts were new leases, which is very positive for a pretty…