The mine clearance action in the Black Sea, carried out jointly by the naval forces of Romania, Turkey and Bulgaria, will be operationalized shortly, the Romanian prime minister Marcel Ciolacu said Tuesday, in a joint statement delivered alongside Turkish president Recep Tayyip Erdogan at the end of official meetings held at the Presidential Palace in Ankara."Both Romania and Turkey have significant investments in energy in the Black Sea. That is why it is very important for our countries to act together to ensure security in the Black Sea and protect these investments. It is for the first time when the allies bordering the Black Sea take the decision to jointly solve a serious problem of security and safety of naval transport," Marcel Ciolacu said."And here I want to congratulate president Erdogan for his leadership and vision. Turkey's remarkable efforts made possible that agreement to transit Ukrainian grain through the Black Sea, this effort being later taken over by Romania. I want Romania and Turkey to continue to act together, both in terms of assistance to Ukraine and in terms of involvement in post-war reconstruction," Ciolacu said."I also discussed with Mr. president the situation in the Middle East and we agree that we are facing a human tragedy in Gaza. It is our duty, as humans first of all, to ensure humanitarian assistance in the Gaza Strip and to contribute to stopping the loss of human lives among the civilian population," Ciolacu stressed."I also assured president Erdogan that Romania will continue to facilitate dialogue between Turkey and the European Union, both as a candidate state for accession and as a key partner of the EU in many important areas," Ciolacu added.
The gross income of employees who worked full-time under a labour contract and were paid for the entire month of October 2024 was RON 8,374, more than a quarter above the basic gross salary of RON 6,553, according to data from the National Institute of Statistics (INS) published on Friday.Around 40% of these employees earned […]
Over 31,600 building permits for residential properties were issued in the first ten months of this year, up 4.1% compared with the same period last year, according to data from the National Institute of Statistics (INS) published on Friday.Increases were recorded in all development regions: West (+297 permits), Centre (+235), North-West (+192), North-East (+134), South-East […]
VAT revenues increased in the third quarter of this year by 6.74 billion lei compared to the same period last year, totaling 35.48 billion RON, out of a total of 94.75 billion RON for the first nine months of 2025, according to data transmitted on Monday by the Ministry of Finance.Of the amount of 6.74 […]
Banca Comerciala Romana (BCR) listed on Friday a new bond issue on the Regulated Market of the Bucharest Stock Exchange (BVB), worth 1.12 billion RON, the BVB said in a release.This is the 11th bond issue listed by BCR on the Stock Exchange to date, bringing the total value of BCR's listed bonds close to […]
Romania's insurance sector is strengthening its performance against the backdrop of a dynamic market undergoing significant structural transformation, according to a new study on developments in the insurance markets of Central and Eastern Europe, conducted by a consultancy firm in partnership with a research provider."Romania stands out as one of the most dynamic insurance […]
The minimum turnover tax is a barrier to investment, and in a period when the private sector is undergoing restructuring and layoffs, it adds additional pressure on companies, according to a letter signed by 14 investor organizations that once again request the elimination of the minimum tax."In view of the discussions on the construction […]
