INNOVATION IN LOGISTICS AND FREE ZONES

Andrea Feher

Abstract


One of the most significant economic innovations of the end of the last century was the extension of the free zones which conquered the entire world economy. The justification for setting up free zones is supported by the need and opportunity of regional and national scale investment, the capitalization of domestic natural resources and the workforce available. With more than 25 years lapsed after the introduction of Law no. 84 of 1992 on the status of free zones and after a long run of events connected to Romania’s accession to the European Union which led to the disappearance of all tax and economic facilities specific to free zones, the global economic crisis etc., we may find that free zones have not disappeared, as one would think, along with the disappearance of the offered advantages but, on the contrary, an increase in their numbers have been recorded at European Union level, particularly due to Croatia’s accession.

Keywords


free zones; tax advantages; customs taxes; logistics; innovation

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References


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LUCRĂRI ȘTIINȚIFICE MANAGEMENT AGRICOL

ISSN print 1453-1410
ISSN online 2069-2307
(former ISSN 1453-1410, E-ISSN 2069-2307)

PUBLISHER: AGROPRINT Timisoara, Romania
PAPER ACCESS: Full text articles available for free
FREQUENCY: Annual
PUBLICATION LANGUAGE: English

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Banat`s University of Agricultural Sciences and Veterinary Medicine “King Michael I of Romania” from Timisoara
Faculty of Management and Rural Tourism
300645, Timisoara, Calea Aradului 119, Romania

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