The local taxes, other than the property tax, will increase by 70% and the overall payroll will decrease by 20% by a combination of lower employment and lower individual incomes to be decided at local level, prime minister Ilie Bolojan told representatives of the Association of Municipalities from Romania (AMR) on August 5 during a meeting on the local administration reforms.
The government is preparing the second package of reforms, which will include the local administration reforms,...
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Around 110 operators running over 200 hotels in Romania have registered in the collective lawsuit against tourism portal Booking.com to seek compensation for years of forced price fixing, Economedia.ro reported. In total, over 10,000 hotels across Europe are part...
Romania’s first post-communist president, Ion Iliescu, died on August 5, 2025, at the age of 95. He leaves behind numerous unanswered questions regarding the 1989 Revolution and the June 1990 mineriad, as well as a political legacy inextricably linked to the Social Democratic Party (PSD). At the same time, Iliescu is credited with Romania’s membership […]
The Bucharest International Film Festival (BIFF) has announced the Bucharest premiere of YES, one of the standout films selected in the Official Competition of the 2025 Cannes Film Festival. The screening will take place during the 21st edition of BIFF, scheduled for September 19–28, and will be attended by the film’s director, Nadav Lapid, and […]
Real estate investment and development company Global Vision has announced its first entry into the retail sector with a commercial project in Oradea, northwest Romania. The investment exceeds EUR 10 million and is part of the company’s broader EUR 150 million investment pipeline. The new retail development, named Oradea Retail Plaza, will be located in […]
Low-cost carrier Wizz Air has added a second aircraft to its base at Sibiu International Airport and announced a significant expansion of its operations in the Romanian city. The airline, which has been present in Sibiu for more than a decade, is now offering over one million seats to and from Sibiu, representing a 48% […]
