Alfa Cartel National Union Confederation requested the government, taking into account the negative answer of the Economic and Social Council, to reconsider the draft law on the package of fiscal measures with written suggestions to the National Tripartite Council for Social Dialogue, before assuming responsibility. Unions consider that the rulers' attitude defies workers, both in point of measures and exceptions included and the faulty communication. They say the package of fiscal measures is a rip-off of the 1990s type.In their opinion, the draft law has incoherent proposals, which shows it is made according to group interests. According to the source, certain facilities will be cut off from certain employee categories (IT, agriculture, constructions) but increases of 25% daily allowances approved in February 2023 for members of parliament are kept untouched. Contributions for lunch tickets and holiday bonuses are introduced while some categories are exempted from the payment of contributions to the public pension fund (notaries, lawyers). According to Alfa Cartel representatives, sudden changes in regulations undermine understandings and place both parties, employers and employees in a losing situation. Alfa Cartel Confederation was set up in 1990 to offer Romanian workers a real and democratic representation. The confederation is representative at national level, gathering 38 union federations at sector level and coordinates the activity of 42 territorial branches.
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 […]
