Prime Minister Dacian Ciolos said on Wednesday that during his meeting with British Premier David Cameron, he insisted on the need to finding solutions in connection with the free movement of workers in the European Union that would not come against the social rights conferred through the European legislation, showing that most of the Romanians who work in Great Britain pay their taxes. "I have talked with the British Premier (...) about the propositions the United Kingdom has to improving the activity within the EU and to thus have a positive approach of the UK as regards its staying in the EU. They are mostly right, their propositions could be supported by Romania except for the matter of the rights of the workers in the EU, the free movement of workers, of the employees. Here I have insisted on the need to finding solutions that would not come in contradiction to the rights that are already conferred by the European legislation, in particular when it comes to the social rights, given that most of the Romanians who go to Great Britain, they go there to work, so they pay taxes and I believe that in the future solutions could be found to consider these preoccupations of Romania," said Dacian Ciolos at the Victoria Palace. He added that they have also tackled the topic of the bilateral relations between the two countries and the need to boost the economic cooperation between Romania and Great Britain. Cameron met Romanian leaders in Bucharest then headed to Warsaw to speak with Poland's new leaders. In Poland, Foreign Minister Witold Waszczykowski called Cameron's plans to limit welfare benefits to migrant workers "a point of contention." Prime Minister Beata Szydlo told reporters she believes the proposed cuts are "not acceptable" but says she is open to discussing the options, AP reports. Despite the divisive issue of benefits, Cameron, a Conservative, will find much in common with the new conservative leadership in Poland, which is Euroskeptic and does not want to adopt the euro currency any time soon.
German company Henkel, with over 500 employees in Romania, has opened a new headquarters in Bucharest, marking a fresh chapter in its three-decade presence in the local market. The space blends Henkel’s “Smart Work” concept with Romanian cultural design elements inspired by Constantin Brâncuși and traditional motifs, while a dedicated quiet zone pays tribute to […]
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 […]
