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High level of corruption, low competition and tax compliance, major challenges ahead for Romania

June 4, 2014

The European Commission issued eight recommendations to help our country improve its economic performance within 2014-2015. Romania still faces a high number of bottlenecks hampering the business environment and further economic development: fiscal consolidation challenges, low tax compliance, low labour market participation, high levels of poverty and social exclusion, low educational outcomes, inefficient and low [...]

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Societe Generale Global Solution Centre appoints Laurent Mirjol as CEO in Romania

The service center for the banking Societe Generale Group, the Societe Generale Global Solution Centre, announced the appointment of Laurent Mirjol as Chief Executive Officer, effective June 1, 2025. The new CEO will oversee the activities and develop the strategy of Societe Generale Global Solution Centre Romania. With over 20 years of experience in the […]

Romanian president defers responsibility for VAT tax hike to the government

During a press conference held on Monday, July 14, Romanian president Nicușor Dan defended the recent tax hikes enacted by the government, underlining the need to reassure creditors and lower the country’s public debt. Nevertheless, he said that the VAT increase was decided by the government. In the presidential campaign, then-candidate Nicușor Dan promised to

Romanian director Radu Jude honored with retrospective hosted by Pompidou Center in Paris

The famous Pompidou Center in Paris will organize a retrospective of the complete works of Romanian director Radu Jude between September 23 and October 11. The retrospective brings together films made over twenty years by the prolific Romanian director. The event will open and close with two of the most recent films, namely “Kontinental 25” […]

Romanian president Nicușor Dan publishes main donors list

Romanian president Nicușor Dan presented the expenses incurred in the electoral campaign and who the main donors were during a press conference on Monday, July 14. Over the first and second rounds of the presidential elections, Dan's campaign spent over RON 60 million (EUR 12 million), and the biggest individual donors were Măriuca and Florin...

Wael Kaskas appointed GM for Haleon in Hungary, Romania, Czechia and Slovakia

Haleon, a global leader in consumer health, has appointed Wael Kaskas as General Manager for its Hungary, Romania, Czechia, and Slovakia cluster. With a strong background in FMCG, consumer healthcare, and supermarket retail, Kaskas brings extensive experience in managing billion-dollar portfolios and leading business transformations, the company said. Before this role, Kaskas was responsible for […]

Music, art, nature & more at Vadoo Fest 2025 in Romania

Vadoo Fest returns on August 21–24 to the meadows of Vadu Oii, Buzău County, with a new edition that invites participants to slow down and reconnect. Now in its seventh year, the festival promises a special experience rooted in nature, music, and human connection. This year’s line-up blends depth and groove, featuring Grammy-winner Judith Hill, […]