SUPPORT FOR EMPLOYEES IN CASE OF REDUCTION OF WORK TIME Employers have the possibility to reduce the working time of employees by at least 50% of the duration provided in the individual employment contract, with the information and consultation of the union, of the employees' representatives or of the employees. The...
Investment grants are awarded per project and beneficiary and have a value between EUR 50,000 and EUR 200,000. It is granted to beneficiaries who implement investments in the current field of activity or in a different field of activity, necessary for: • the extension of the existing production capacities, as well as...
The allocation of the working capital grant is made on the basis of a percentage of turnover, this being intended for SMEs with activity in the area of restaurants, hotels, cafes, food industry, transport, NGOs, travel agencies, publishing houses, bookstores , libraries, provided in Annex no. 2 the ordinance. The value...
In the context of the crisis caused by COVID-19, the government approved the Emergency Ordinance 130/2020, which approved the general framework for providing financial support from non-reimbursable external funds. Forms of support from non-reimbursable external funds refer to: • Micro-grants granted in the form of a lump sum based on a contract...
Employees of employers whose activity has been suspended as a result of the epidemiological investigation carried out by the public health authorities, for the period of temporary suspension of the individual employment contract, benefit from indemnities equal to 75% of the basic salary corresponding to the job. The indemnity is paid...
In May 2019, New York’s Metropolitan Transit Authority made the milestone announcement that it was rolling out a contactless payment system. It was seen as a major innovation, the first update to its payment system—which, until then, had relied entirely on flimsy MetroCards. For other major metropolises, moving to contactless was old...
Law no. 62/2020 which provides some facilities to tenants and owners affected by COVID – 19 is applicable starting with May 24th 2020 The law provides for 2 categories of facilities: For tenants: they can postpone the payment of the rent from the period related to the state of emergency without...
Among the provisions brought by the ordinance we emphasize the followings: 1. Extension of social care measures • The Refund of the indemnities provided by art. XI and art. XV of the Government Emergency Ordinance no. 30/2020 (reimbursement from the state budget of the indemnities for technical unemployment) is extended for the...
Businesses are no strangers to crisis management, but the global scale and continued uncertainty around COVID-19 is a first for all of us. Even the nimblest advertisers are asking, “How do we meet this unprecedented moment?” While the answer to that question will be different for every brand and company, many have responded with...
The world after COVID will not be the same as before. In adjusting to the new abnormal we are learning new skills and habits that we won’t want to “unlearn”. A few early adopters have been honing the underlying technology and developing the skills to make best use of it. Many of...
