Why an NGO is getting ready to build a “school of trades” in Cluj? Beard Brothers: “We want to tell young people that you can do a cool job, that it can be cool to have a trade” dec. 30 Kristina Reștea 0 comentarii
Around 1,300 employees at Alro Slatina could be laid off as aluminium production is cut amid energy crisis dec. 30 Redacția 0 comentarii
Non-resident business tourists to Romania spent 791.5 million lei in the first 9 months of the year dec. 30 Ionuț Ardeleanu 0 comentarii
Frames analysis: 2022, the year of contrasts. Pandemic, inflation and labour crisis risk deepening imbalances in Romania dec. 30 Ionuț Ardeleanu 0 comentarii
Electric batteries: Northvolt launches production on its first ‘mega-factory’ built in Sweden dec. 30 Ionuț Ardeleanu 0 comentarii
The Constitutional Court rejected the USR challenge on the draft state budget for 2022, the law proceeds to enactment dec. 28 Ionuț Ardeleanu 0 comentarii
Lukoil wants to produce green hydrogen at the Petrotel refinery in Ploiesti, in partnership with Russian nuclear energy giant Rosatom dec. 28 Ionuț Ardeleanu 0 comentarii
Nicolae Ciucă promises that the targets assumed in the NRRP for the fourth quarter will be met dec. 28 Ionuț Ardeleanu 0 comentarii
The Authority for the Digitalization of Romania wants to develop new IT systems, with a budget of 161 million lei dec. 28 Redacția 0 comentarii
OMV Petrom employees take to the streets again. What the employees demand: “Wages that do not lag behind the work we do and the rising costs of living” dec. 28 Redacția 0 comentarii
Electric car registrations in Romania have doubled in 2021 compared to 2020 dec. 27 Redacția 0 comentarii
Major change in the EU: France and Italy call for an increase in the 3% deficit limit and changes to the debt criteria: “We need a new strategy for investment and growth” dec. 27 G4Media 0 comentarii
Ministry of Finance: Budget deficit of 4.7% of GDP and total expenditure of 33.4% of GDP in the 11 months to 2021 dec. 27 Redacția 0 comentarii
Gas prices fall for the fourth day in a row. US gas deliveries further calmed the market dec. 27 Redacția 0 comentarii
Christmas and New Year’s holidays: in Romania or abroad? Egypt, the main destination of choice for Romanians dec. 24 Raluca Nicolae 0 comentarii
Romania, the only EU country where the number of researchers has decreased in the last ten years (Eurostat data) dec. 24 Redacția 0 comentarii
The human resource problem will become more acute among IT&C and automotive companies present in the West. The three major challenges 2022 will bring dec. 24 Redacția 0 comentarii
What Romanians want for Christmas: Household appliances, holidays, phones dec. 24 Kristina Reștea 0 comentarii
EXCLUSIVE The Government could use almost 8 billion lei from the PNRR to finance the budget deficit and public debt dec. 23 Elena Deacu 0 comentarii
End of year economic outlook. Analysis by researchers at Babeș-Bolyai University: The country’s GDP returned to pre-pandemic levels in 1.5 years/ In previous crises, the economy recovered in 5-6 years. What are the explanations and forecasts for 2022? dec. 23 Kristina Reștea 0 comentarii
POLL: 80% of Romanians will spend Christmas with their family this year / 50% will spend 500 lei or less on gifts / Only 21% of those surveyed are afraid they might get sick from Covid dec. 21 Redacția 0 comentarii
The price of gas on the Romanian Commodity Exchange reached today a historical record 833,533 lei/MWh. More than 50% increase in the last week dec. 21 Redacția 0 comentarii
ANALYSIS The government wants to make it a criminal offence to withhold contributions at source without paying them to the budget. What do tax experts say? ‘Ambiguous and dangerous’ provisions dec. 21 Kristina Reștea 0 comentarii
Glovo buys Foodpanda. Competition Council gives green light to deal, but with conditions, concerned about Glovo’s market share dec. 18 Redacția 0 comentarii
Azomures stops fertilizer production. The company says it will resume production “if and when market conditions allow”. dec. 18 Redacția 0 comentarii
Prime Minister Nicolae Ciucă presents the main measures taken by the Government in 2022: lowering the threshold for micro-enterprises, reduced VAT on heating and housing / Prison for withholding and non-payment of contributions / National Anti-Corruption Strategy adopted dec. 18 Carmen Radu 0 comentarii
The Government abandons the reduction of the tax threshold for micro-enterprises / PM Ciucă: We will not approve such an initiative dec. 18 Ionuț Ardeleanu 0 comentarii
EXCLUSIVE Draft budget 2022: Strong growth for Transport as NRRP-funded infrastructure projects get underway dec. 18 Dania Marcu 0 comentarii
What are the obligations of persons earning income from virtual currency transactions? ANAF publishes a guide after the amounts declared have dropped considerably dec. 18 Kristina Reștea 0 comentarii
Tax consultant: Tax changes announced at the end of the year destroy any trace of predictability for businesses dec. 16 Redacția 0 comentarii
EXCLUSIVE Competition Council: European Commission considers that the transfer of Romexpo land to CCIR constitutes State aid in its current form dec. 16 Elena Deacu 0 comentarii
PREMIERE Dacia Spring, the first electric car voted in 21 years the best and most affordable vehicle in Autobest 2022 dec. 16 Răzvan Zamfir 0 comentarii
Budget for 2022 could be adopted by Parliament before Christmas (sources) dec. 16 Redacția 0 comentarii
Government discusses on Wednesday the increase of pensions and allowances from 1 January 2022 dec. 14 Redacția 0 comentarii
Engie Romania director: a cold winter will empty the gas storage, which could lead to price increases in 2022 as well dec. 14 Redacția 0 comentarii
The 9.3 hectare platform of Technosteel Iasi, a company in judicial reorganization, put up for auction dec. 14 Răzvan Zamfir 0 comentarii
Economy Minister announces €500 million programme for microelectronics from 2022: “We are looking in particular at the automotive industry, but we also need semiconductors in agriculture” / Programmes also for the manufacturing industry dec. 14 Redacția 0 comentarii
Highway to Moldova postponed: CNAIR will designate next year the constructors of the three lots between Ploiesti and Buzău / PNRR foresees that by 2024 half of the motorway will already be built dec. 14 Mădălina Podaru 0 comentarii
In October, the net salary reached 3,544 lei. Highest earnings – in IT, lowest in Hospitality dec. 13 Kristina Reștea 0 comentarii
The inflation rate reached 7.4%. Which products saw the biggest price increases? dec. 13 Redacția 0 comentarii
Army buys 1,000 armoured vehicles for internal and external interventions dec. 13 Matei Ionescu 0 comentarii
Transport company: Foreign freight prices set to skyrocket starting this week dec. 13 Redacția 0 comentarii
ANALYSIS Income reporting from crypto transactions has collapsed after Romania introduced crypto taxation. Only 1,300 Romanians declared income from virtual currency transactions last year, a 25-fold drop from 2019 / State revenues 20 times lower dec. 13 Elena Deacu 0 comentarii
BREAKING Romgaz shareholders gave the green light to the €1 billion deal with ExxonMobil for Black Sea gas dec. 10 Redacția 0 comentarii
Romania’s telecom sector revenues reached 1.7 billion euros in the first half of the year dec. 10 Redacția 0 comentarii
Labour Minister: We will discuss with the European Commission to rectify issues in the NRRP. Among them is the 9.4% of GDP threshold for pensions dec. 9 Ovidiu Harfaș 0 comentarii
The Cîțu government “secretly” adopted a law allowing the interception of conversations on Whatsapp, Messenger, Skype or Telegram dec. 9 Redacția 0 comentarii
Finance Minister: We will build the 2022 budget without raising new taxes dec. 9 Carmen Radu 0 comentarii
UiPath’s shares are falling, despite its position as market leader. Dines not worried dec. 9 Redacția 0 comentarii
ANALYSIS More than 300 large companies in Romania could be affected by the “solidarity tax” proposed by the governing coalition. The state will collect more than 5 billion lei from large exporters, highway builders and state-owned companies FULL LIST dec. 8 Elena Deacu 0 comentarii
CTP could enter the residential market in Romania in the future, following the model of the industrial-residential project in Brno (Czech Republic) dec. 8 Răzvan Zamfir 0 comentarii
The Cluj subway will cost €2 billion and take 8 years to complete. Subway trains will arrive at stations at 90-second intervals dec. 8 Mădălina Podaru 0 comentarii
Florin Cîțu announces that he does not support the 1% surtax on large companies: Such a tax is not justified. In the pandemic, the budget was supported by these companies dec. 7 Redacția 0 comentarii
Romanian startup Frisbo has received a €2 million investment to expand its European network of warehouses dec. 7 Redacția 0 comentarii
The government wants to allocate 4 billion lei next year to offset and cap energy bills (Sources) dec. 7 Redacția 0 comentarii
OMV Petrom announces €11 billion investment in Romania’s energy sector by 2030. When will the first natural gas come out of the Black Sea? dec. 7 Redacția 0 comentarii
ANALYSIS Can Russia financially sustain a military attack on Ukraine? dec. 7 Răzvan Zamfir 0 comentarii
The PSD wants to create a national energy company. Marcel Ciolacu: “To produce both green and nuclear and coal and gas” dec. 6 Redacția 0 comentarii
The Competition Council has launched a new investigation into the pharmaceuticals market. Reaction of the company accused of abusing its dominant position dec. 6 Redacția 0 comentarii
Romanian IT company Arobs Transilvania Software has listed on the stock exchange and announced that it is preparing to open a subsidiary in the United States dec. 6 Kristina Reștea 0 comentarii
President of Bucharest Stock Exchange: seven of the 18 companies listed on AeRO this year are from the Technology sector dec. 6 Redacția 0 comentarii
Uniqa Asigurari has stopped distributing MTPL insurance policies as of Monday dec. 6 Redacția 0 comentarii
What you need to know when you want to terminate your phone contract. ANCOM advice dec. 6 Redacția 0 comentarii
Ministry of Agriculture, reaction after Azomures announced it is halting fertilizer production: There is a risk that next year’s agricultural production could fall by up to 30% dec. 6 Redacția 0 comentarii
BREAKING First major producer hit by energy price hikes: Azomures announces temporary halt of fertilizer production due to high gas and electricity prices dec. 6 Carmen Radu 0 comentarii
Hospitality industry wants restrictions relaxed after 8 December and changes announced at least one week in advance dec. 3 Carmen Radu 0 comentarii
Ministry of Finance: Romanians can buy in December Tezaur government bonds at interest rates up to 5.1% dec. 3 Redacția 0 comentarii
The 4.5 km long highway “jot” between Târgu Mureș and Ungheni will be handed over on Monday December 6, 18 years after the first contract was signed with Bechtel / 16 kilometers still missing for the complete highway between Târgu Mureș and Cluj Napoca dec. 3 Mădălina Podaru, Alex Andrei 0 comentarii
Analysis: Omicron variant leads to lower oil prices. Will we pay less at the pump? dec. 3 Redacția 0 comentarii
Keysfin: Local software industry to grow by 10% in 2021 and reach a new record level of over 9.2 billion euros dec. 2 Kristina Reștea 0 comentarii
European Commission: Romania had the highest VAT collection deficit in the EU in 2015-2019 dec. 2 Redacția 0 comentarii
Antibiotice Iasi wins €11 million contract with UK Department of Health dec. 2 Matei Ionescu 0 comentarii
Dacia Spring, the best-selling car model in November on the Romanian car market dec. 2 Redacția 0 comentarii
Romania has received the first money from the NRRP. The European Commission has transferred the €1.8 billion pre-financing dec. 2 Carmen Radu 0 comentarii
Turmoil on the oil market and possible effects at the pump in Romania nov. 30 Matei Ionescu 0 comentarii
RCS RDS has sold its Hungarian business to a Hungarian company / The value of the transaction amounts to EUR 625 million nov. 30 G4Media 0 comentarii
Dacia opens orders for the new Jogger tomorrow. First deliveries in March 2022 nov. 30 Răzvan Zamfir 0 comentarii
CNAIR opens Lot 2 of the Sebeș – Turda highway without protective fencing for half of its length/When will the highway be fully operational nov. 30 Mădălina Podaru 0 comentarii
Europe’s largest mobility platform expands its operations in Romania reaching the 20th citiy nov. 29 Redacția 0 comentarii
Employee fringe benefits that disappeared after the pandemic outbreak (Analysis) nov. 29 Redacția 0 comentarii
First decisions of the Ciucă Government: 1.4 billion lei loan for CEC Bank, while big cities are still waiting for money for heating nov. 26 Carmen Radu 0 comentarii
Consumers should prepare for high gas and electricity payments in December nov. 26 Carmen Radu 0 comentarii
The Romanian stock market closed “in the red”, down 3%. Investors worried about potential negative effects of South African coronavirus variant nov. 26 Ionuț Ardeleanu 0 comentarii
British software company with 3,000 employees in Romania expands to three more Romanian cities nov. 25 Kristina Reștea 0 comentarii
IT company Softelligence looking to hire 100 more people in the next six months nov. 24 Redacția 0 comentarii
Francesco Starace, Enel CEO: Romania’s measures to protect consumers from high energy prices are incorrect and must be changed. We will fight it through legal channels / Investments in Romania could be revised downwards nov. 24 Carmen Radu 0 comentarii
Energy Minister plans a holding company on the energy market with Hidroelectrica and Nuclearelectrica nov. 24 Redacția 0 comentarii
Company in the food industry launches digital platform for HoReCa companies nov. 24 Redacția 0 comentarii
