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

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 

Government Decision no. 1680/2008 state aid sheme
Romania

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
214/2008).

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: 

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.

An Order has been published introducing new rules regarding the refund of value added tax ("VAT"). The main amendments brought by this Order are:

• The reimbursement decision will be issued within five days of submitting the VAT return in the following situations:
- The VAT refundable amount is equal to RON 10,000 or lower;
- The VAT returns are considered to be of low fiscal risk;
- The amount requested at reimbursement does not exceed the value of the Negative Individual Standard.

Registration procedure for VAT purposes in the case of taxable persons with their place of business in Romania 

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:

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".

Romania has the largest agricultural surface of Europe

PARADINFO April 2011 special edition on agriculture

What is meant by…..?

RES: Renewable energy sources
RES-E: Electricity production from renewable energy sources
RES-H: Production of heat and cold from renewable energy sources
Biofuels: Mainly includes biodiesel and bioethanol
Biomass: Includes solid biomass, biowaste and biogas
CHP: Combined Heat and Power
GWh: gigawatthour
ktoe: Thousand tonnes of oil equivalent
MW: megawatt
TWh: terrawatthour
PV: Photo-voltaic – technology for the production of electricity from solar energy
Promotion Law

RE-ESTABLISHMENT OF THE LEGAL PROVISIONS REGARDING MICROENTERPRISES

Starting 2011, the microenterprise tax regime is reinforced. Thus, the entities which meet certain criteria (among which, it should have between 1-9 employees and should record a turnover less than EUR 100,000) may choose to pay a tax of 3% of the revenues instead of 16% corporate income tax. The entities which obtain revenues from banking, insurance and reinsurance, gambling, consultancy and management activities cannot apply this tax regime and will continue to be subject to 16% corporate income tax.

Romania has 9,7 million hectares and only 30% are used at this moment. Romania is currently supporting the restructuring of its agricultural industry towards a market economy. Only small changes in land use are expected. Self-sufficiency in cereals is expected to increase, consolidating their net export position. In the livestock sector,