Premier Marcel Ciolacu had consultations, on Wednesday with the Council for Foreign Investors, during the meeting agreeing on the setting up of ‘a consolidated working mechanism’ with regulated meetings with participation of the representatives of the government and CIS as well of the ministers of finances and economy. ‘The representatives of the Council for Foreign Investors appreciated both the perspective of the government as regards investment policy as well as the proposal to have monthly reunions of a mixed working group. At the same time, the two parties established that there will be dialogue in this format to ensure support and to understand and correctly put into practice, where it is necessary, the implementation norms of the fiscal measures in the area of turnover tax’ the press release sent by the Press Office of the executive.Premier Ciolacu invited the Council for Foreign Investors to get into ‘a constant dialogue’ with the government and said he waited for the support and ideas from CIS for investment projects in two strategic areas: food industry and construction materials industry.The main issues discussed during the consultations were: the package for fiscal-budgetary measures, digitization of the National Agency for Fiscal Management – ANAF and the government vision about foreign investment. The premier said that among his preoccupations and ‘high stake involved’ during his mandate there are the digitization ‘in an accelerated rhythm’ of ANAF and the reorganization of the ministry of finances.‘I assure you that we are determined to go to the end with our plans for budgetary reform. At the same time, it is necessary and we want to combat fiscal evasion and continue the measures for fiscal equity’ said Marcel Ciolacu.
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 […]
