Parliament's plenary meeting passed on Wednesday the state budget draft for 2023. There were 251 votes registered "in favour," 115 "against" and three abstentions. Parliament's plenary meeting also passed on Wednesday the state social insurance budget draft for 2023.There were 279 votes registered "in favour," 121 "against" and 2 abstentions. The draft state budget law for 2023 was voted, on Wednesday, by articles, in the joint plenary session of the Chamber of Deputies and Senate.The draft budget law was adopted almost entirely in the same form in which it came from the joint Budget and Finance Committees.Only one amendment rejected in the Committees was adopted, the one initiated by National Liberal Party (PNL) deputy Gheorghe Pecingina.The approved amendment refers to article 63 and "allows companies like Nuclearelectrica and Complexul Energetic Oltenia to increase the salary ceiling, the salary envelope, in the international energy context", as presented by the initiator.The amendment was approved with 206 votes "in favour", 9 votes "against" and 96 abstentions.
Graffiti Plus (GRF+), active in Romania's communication consulting market, has signed the contract for the National Recovery and Resilience Plan (PNRR) funding for its listing on the AeRO market of the Bucharest Stock Exchange (BVB). GRF+ is also preparing to launch the private financing round it is conducting as a first step toward its debut […]
The wooden church from the village of Oncești, one of the oldest monuments in the heritage of the Maramureș Village Museum “Mihai Dăncuș” in Sighetu Marmației, has been restored. The church has now returned to the tourist circuit through the support provided by the US Ambassadors Fund for Cultural Preservation, in a project coordinated by […]
The Bucharest Stock Exchange (BVB) announced the establishment of its Corporate Governance Committee on Thursday, December 4, to support the implementation of the revised 2025 BVB Corporate Governance Code. Romania’s capital market recently celebrated 30 years of activity and is undergoing significant corporate governance reform. The revised BVB Corporate...
Daniel Băluţă, the mayor of Bucharest's District 4, signed the order to start work on the extension of the M4 subway line on Thursday, December 4. The investment is valued at EUR 3.5 billion and the route will be 11 kilometers long, between Gara de Nord and Gara Progresul railway stations. The extension will have 14 […]
Ten entrepreneurs and executives have launched Food Angels Hub, a community of investors dedicated to the food sector. The aim of the hub is to “develop and scale functional and profitable companies in the food, hospitality and food-tech sectors” and “turn Romania into a reference point for food innovation in the CEE region.” The founders […]
Romanian developer IULIUS announced that it secured a syndicated loan facility amounting to over EUR 305 million for its Palas Iași mixed-use complex. The financing is provided by a consortium made up of Erste Group Bank Austria, BCR, Raiffeisen Bank Romania, and Raiffeisen Bank International Austria. The loan will support the remodelling of Palas Iași […]
