The draft budget for 2025 will be finalized on Thursday, and Saturday it will be approved in the government and next week in the parliament, announced on Wednesday night the minister of finances, Tanczos Barna.‘It is a frugal budget (…). We have the figures and the calculations done. Tomorrow the budget is finalized and we will present the figures exactly (…). The calendar is finalized. On Saturday we adopt the budget in the government. On Saturday it is sent to the parliament, there will follow the period of amendments lodging and next Saturday, surely, the budget is approved in the parliament’ explained Tanczos Barna in a statement sent by TVRInfo.He mentioned that the budget includes money for investments in infrastructure, for salary and pension payments at the level of November 2024. ‘The budget covers highways for 20 million Romanians, the budget includes money for all the Romanians for the rural infrastructure development, we have money to pay the salaries in Education, the ministry of interior affairs, all the ministries needing salaries, at the level of 2024, we have ensured financing for all pensions (…).What I can tell you about the pensions is that the necessary sums for pensions payment are in the budget. All pensions can be sure that pensions, as they were calculated and paid last year in November-December will be paid in 2025 every month’ said the minister of finances, also mentioning that the Ministry of Defence will have a larger budget than the one in 2024. (Photo:https://www.facebook.com/)
Representatives of the ruling Social Democratic Party, PSD, gathered for a congress in Bucharest on Friday, November 7, to elect new leadership and to amend the party’s Statute. The only candidate for party leader is Sorin Grindeanu, who held the interim position after Marcel Ciolacu's resignation in May. In his speech at the congress, Sorin […]
The e-commerce sector recorded strong early results on Black Friday 2025, according to real-time data released on Friday, November 7, by PayU GPO Romania from its dedicated Media Center. By 14:10, the payment processor reported successful transactions totaling RON 514 million (roughly EUR 101 million). PayU said shoppers had made roughly 889,000 purchases, with around […]
Contakt Express Logistik, one of Romania’s leading retailers of mobile phone and tablet accessories, with a network of over 235 stores, is set to launch the initial public offering (IPO) between November 12 and December 3, 2025. The company offers a wide range of products, including cases, screen protectors, chargers, and gadgets, both in physical […]
Romania attracts fewer international tourists today than it did during the communist era, making it the only country in Europe in this situation, the National Association of Travel Agencies (ANAT) warned, as reported by news agency Agerpres. According to the organization, Romania received more than 3.4...
InterCapital ETF, the first international ETF provider in Romania, will launch two new exchange-traded funds on the Bucharest Stock Exchange starting November 11, 2025. The new instruments are the InterCapital CROBEX10 TR UCITS ETF, which offers exposure to the Croatian blue-chip equity market by tracking the performance of the CROBEX10tr index, and the InterCapital EUR […]
The Competition Councils of Romania, Bulgaria, and the Republic of Moldova have granted the necessary authorizations and approvals for the completion of the transaction through which Maspex Romania takes over the majority shareholding of Purcari Wineries. The Maspex Group, which has been present in Romania for nearly 30 years, became the majority shareholder of one […]
