Search

The paper aims to analyse the sole trader (Rom., persoana fizica autorizata or P.F.A.) from the Romanian law perspective, by focusing on the characteristics of this legal institution, the liability for performing economic activities under this form, as well as certain implied practical and fiscal issues. The Romanian legislation has suffered serious amendments in the last period as it is the case of the Romanian Civil Code, which has been amended in year 2011. The legal provisions on the sole trader have been also subject to changes, the most recent amendments entering into force in January 2017. So, the current legal framework allows a sole trader to perform not more than five economic activities or to hire up to three people under employment contract. The new Civil Code has introduced the notion of "professional", which is seen as any person that exploits an enterprise. Although in most of the Romanian legal literature the sole trader is seen as a professional, the new legislation lays down the conditions in which any interested party may prove this capacity of the sole trader. Therefore, the opportunity of such changes may be subject to arguments. [ABSTRACT FROM AUTHOR]

This paper draws on our work as an ESP teacher with the 2nd year students from The Faculty of Economics and Business Administration at Alexandru Ioan Cuza University of Iasi, Romania and its branch in Bălți, The Republic of Moldova. Since one of the topics discussed during the English seminars is corporate social responsibility, we will present our students' perception of the matter based on the activities and exercises that were chosen to develop their active/ productive (speaking and writing) and passive/ receptive (reading and listening) skills. Thus, we will account for their views on the topic and assess them taking into account the students' two different backgrounds, the Romanian and Moldavian one. Finally, we will outline the results to several Likert-scale statements on CSR that our students were asked to provide and interpret them. [ABSTRACT FROM AUTHOR]

The paper presents a new way that is active now in Romania that sustains the research development in universities and research institutes, with a maximum sum of 200.000 Euro, by governmental program POSCCE-A2-O 2.3.1-2008. Any professor or researcher that develops a research grant or has a registered patent can demand this sum to transform his research results in products, services, technologies, know-how a.s.o. and transfer towards industrial enterprises or SMEs, through spin-off. The paper presents the spin-off named by acronym HYFETECH, entitled "Ecologic technology to produce hydrogen", developed in the Technological and Business incubator, CPRU-ITA of University POLITEHNICA of Bucharest. [ABSTRACT FROM AUTHOR]

The paper analyses the most important factors influencing the contestable market through a quantitative and original research based on the opinions of Romanian companies. Contestability is a concept that relates to the adequate level of competition on the market. The optimum competition or workable competition for each market should be identified according to the stage of market evolution, specific circumstances and according to the market participants' ranking and perceptions. The significance of different factors has been tested using regression functions in order to draw some relevant conclusions for the Romanian market. [ABSTRACT FROM AUTHOR]