The Danube Delta was declared "Travel Destination of the Year" in the Eco-tourist Regions category of the 2024 Travel Destination competition organized on the namesake platform, which was judged by over 200 experts; a sociological survey also contributed to this result, the Institute for Visionary Cities (IOV) said in a release.Following the Danube Delta in the ranking is Tara Dornelor in the northern Carpathians and, third, with a tied score, are Tara Hategului and the Tusnad spa and surroundings region."Hundreds of thousands of public votes on the platform destinatiaanului.ro, a jury made of over 200 experts, and an extensive sociological survey decided this year's ranking in the 12 categories of the competition (...) which included, in a first this year, destinations from the Republic of Moldova; from the neighboring country, the best placed location in the final ranking was the village of Valeni, Cahul district, which won the Republic of Moldova Destination of 2024 special award," the cited source said.The winners of the 2024 Travel Destination competition were announced on last Tuesday evening at a gala hosted by the Romanian Athenaeum, attended by representatives of the Ministries of Economy, Tourism and Entrepreneurship, and Culture, dozens of mayors, county council members and presidents, representatives of tourism and HORECA federations, as well as by many other important players in the industry.Sibiu City is winner of the Grand Prize of the 2024 Romanian Travel Destination.The Travel Destination of the Year is a nationwide competition organized in partnership with the Ministry of Economy, Entrepreneurship and Tourism, the Alliance for Tourism, the Institute for Visionary Cities, the 'Cred in Romania' Association, the Romanian Hotel Industry Federation (FIHR), the Federation of Romanian Tourism Promotion Associations (FAPT), RoBoost Antreprenoresti, Re-Patriot, Urlaub in Rumanien, the Bucharest University of Economic Studies, and the Romanian Ecotourism Association (AER).
Ruling on the draft law on the disbursement of privately-managed pensions, namely 2nd and 3rd Pillars, inked by the Financial Supervisory Authority (ASF), promoted by the Romanian government and approved with amendments by the Parliament, the Constitutional Court (CCR) concluded that the capping the single payment granted before the start of the monthly payments to […]
The revised bill that bans the cumulation of the public pension of a special (non-contributive) nature with a wage paid in the budgetary sector, currently available for public debate, will be amended so as to restrict the exceptions provisioned in the original form, labor minister Florin Manole said, according to
The Romanian business community reiterated its firm call to decision-makers to eliminate the minimum turnover tax (IMCA), in view of the discussions on the construction of the state budget for 2026, according to a statement signed by more than 100 employers' federations, business associations, and chambers of commerce in Romania. The Romanian government will address […]
Romanian president Nicusor Dan reiterated in a speech at the 2025 Digital Governance Summit organised by Edge Institute at Cotroceni Palace and published on the Presidency's webpage, thus making it somewhat official, an invitation addressed to the "private community" to draft regulations and sectoral policies that the state is unfortunately unable to design, such as […]
Premier Energy Group (BVB: PE), a leading vertically integrated utility company in Southeastern Europe listed on the Bucharest Stock Exchange, reported its normalized revenue grew 40% y/y to EUR 1.17 billion, while normalized EBITDA rose by 36% y/y to EUR 94 million in the first nine months of 2025. On a reported IFRS basis, revenue […]
Autonom Services, a mobility services company with bonds listed at the Bucharest Exchange, has entered into a credit facility agreement with a total value of EUR 300 million, with an option to subsequently increase the facility by up to EUR 50 million. The financing was attracted from a syndicate of banks that included Banca Transilvania, […]
