built
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Buyers of new homes built by individuals must pay VAT
Individuals who sell properties that are less than two years old, and are not used for housing purposes, must register with the Romanian fiscal authorities as VAT payers and collect the tax from the buyers, according fiscal legislation. The Ministry of Finance...
10 times fewer apartments built now than in Communist times
Almost three million apartments were built in Romania from 1951 to 1989, which accounts for the bulk of the total housing. "The apartment production line" set in motion by the communist regi...
Biggest shopping centre in Transylvania to be built near Sibiu
The biggest shopping centre in Transylvania, Retail Park Selimbar, will be built near Sibiu in the wake of an investment worth 40 million euros. Covering a 12-hectare plot of land, the shopp...
Mercedes assembly lines to be built in Satu Mare
Mercedes assembly lines to be built in Satu Mare
New investment fund to be built with Banca Romaneasca money
New investment fund to be built with Banca Romaneasca money
Siemens Sibiu facility built on surveys
Siemens' electrical equipment factory in Sibiu has become operational this week. The facility is the first of its kind in Eastern Europe and the 5 million euro greenfield-type investment is...
Businesses built on brain and brawn
What could one do with a 1,000 sq. m piece of land? One may build at least ten spacious flats or cultivate a splendid vegetable garden. An Australian family that came to invest in Romania th...
Businesses built on brain and brawn
Businesses built on brain and brawn
China Town to be built in Romania
The expression "Chinese goods" has become a nickname for poor quality and cheap merchandise. However, not everything manufactured in China falls under this category- and several Chinese busi...