Suspected Sharing of Public Procurement Contracts between Three Romanian Companies

The Romanian Competition Council has carried out unannounced inspections at the headquarters and operational sites of three companies suspected...

Disadvantages Savings Account

What Are Savings Accounts? Savings accounts are financial products offered by banks and other financial institutions that allow depositors to...

Bank statement – what is it?

The account statement is an important financial-banking document in the relationship between a credit institution and its client. This...

What is PayPal?

What Is PayPal? PayPal is a global online payment platform that allows users to send and receive money electronically. Founded...

How Many CAEN Codes Can an SRL Have in Romania?

CAEN codes (Classification of Activities in the National Economy) are important for any limited liability company (SRL) in Romania,...

Elon Musk is creating a new device that provides internet connection anywhere in the world.

SpaceX is expanding the capabilities of its global connectivity service, Starlink, by launching a new portable solution designed for...

How is turnover calculated?

What Is Turnover? Turnover represents the total value of goods and services sold by a company over a specific period,...

Mortgage credit in Romania

What Is a Mortgage Loan in Romania? A mortgage loan is a long-term loan granted by banks or other financial...

Until what age can you access EU funds?

European Funds As a member of the European Union, Romania benefits from financial aid aimed at fostering the country’s economic...

Personal SWOT analysis

What Does SWOT Analysis Mean? To achieve success, many companies develop various beneficial strategies to eliminate competition and improve their...