Romania has the largest agricultural surface of Europe
The minimum capital should be only 1 euro and capital must be raised only after five years.
The federal Cabinet has recently approved a draft Bill to introduce a new type of company. It is a private company with limited liability for starters, also called the Starter Bvba. The minimum capital is only 1 euro and is "tailored to young people who wish to start a business but lack the necessary capital, and for pensioners who wish to remain active and additional income for their retirement needs to add".
If you invest in Romania, thenthe limited company is one the options. A joint stock corporation isnormally recognized by the use of the words limited incorporated orcorporation in its name (Societate pe Actiuni, S.A).
The creation of a public company requires a minimum capital of theRomanian equivalent of 90000 RON. At the day of the creation at least30% of the social capital is paid and if it is a creation by publicsubscription then this percentage increased to 50%.
Amendments to the Labour Code were published on 31 March 2011.
According to the new law, the provisions of the job description will become paramount in assessing the professional performance of any employee, which will prevent abuses from employers. Also, the new Labour Code stipulates that professional performance will prevail in case of disposals made due to the economic situation of a company, thus replacing the old provisions that social criteria had to be taken into consideration first when undertaking disposals.
The most important changes include:
CIBR signs anexclusive import contract with a Belgian technology provider for infra redheating panels that consume less then 30 % energy in comparison withconventional energy sources.
Source : Applicant Guidelines for State aid in the GD no. 1680/2008 to establish a state aid scheme for ensuring sustainable economic development, as amended and supplemented, May 2011
The submitted documentation must show that the state aid has a ˝ incentive effect˝ and meets one or more of the following criteria:
Government Decision no. 1680/2008 state aid sheme
The Community Acquis in the field of state aids allows granting regional state aids to enterprises, under the Community Guidelines on regional state aid 2007-2013 (the Official Journal of the European Union no. C54/2006), and the European Commission Regulation no. 800/2008 declaring certain categories of aid compatible with the common market in application of
Articles 87 and 88 of the Treaty (European Union Official Journal no. L
We have an exceptional land with buildings near the ford factory in total 48470 sqm intravilan.
The file is in the attachment in pdf format.
Freddy Jacobs, president cibr
Investment opportunities in Romania : logiplan report for logistics in Romanina and Retail in Romania nov 2011
1. Presentation of the Belgian Romanian Real Estate Chamber
2. Market intelligence - news on logistics and retail
3. Employ Romanian workers & drivers and earn 1000 Euro/per worker/per month
4. How to create a Romanian Company
5. Why is there a future for Constanta as a gateway ?
6. Available plots for logistic investments in Romania