Promotion and funding instruments

1. Cabotage for Romanian truckers from 1 january 2012

2. Romania retail report Q2 2012

 1. Presentation of the Belgian Romanian Real Estate Chamber

 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.

 The energy companies are still the bankers' favorites, however, the companies in industry and agriculture joined the list this spring with the perception on the credit risk improving compared to late 2010, reads a report made by the National Bank of Romania (BNR), reviewed by Ziarul Financiar daily.

 AGRICULTURAL LAND in Romania at 1000 Euro for 1 hectare

 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: 

First, to start a business in Romania we need to know where is placed the Romanian taxation system in relation to European and world context.

This, because there is a substantial difference between the new Member States and the "the old states”, from UE (Poland, Slovakia, Czech Republic, Hungary, Estonia etc). In many of the countries that joined the EU in 2004 income tax was reduced lately, Romania passing directly to an income tax cut.

The flat tax.