The Ministry of Agriculture and Rural Development (MADR) is hosting a Palm Sunday fair April 14-17 to be attended by 28 small local entrepreneurs, members of the Produs de Cluj association.Thus, from April 14, between 08:00hrs and 18:00hrs, food producers who follow local tradition, and craftsmen will exhibit assortments of traditional products obtained according to their own recipes, and handmade objects.Among the Romanian products to be found at this year's Palm Sundays fair are jams, preserves, compotes, fruit syrups, zacusca, cold pressed oils, gingerbread, chocolate, homemade bread and cakes, cheeses, meat products, spirits and wines.There will also be folk costumes from the Transylvania area, sheepskins and leather belts, organic and lavender cosmetics, carved wooden items, as well as decorated eggs.The event at MADR will bring together, in addition to the Cluj partners of the association, small entrepreneurs from other counties and special guests, who will also showcase their own handmade products.Attending for the first time among the exhibitors will be the University of Agricultural Sciences and Veterinary Medicine (USAMV) Cluj-Napoca, and on sale at its stand will be products from its farms and resorts. The Apoldia Maior Wine Resort will exhibit for sale its white wines Docentus, Eruditus and Traminer Roz, as well as bag-in-box wines served by the glass; the Cojocna farm will display cold pressed oil, and cherry tomatoes will be brought from the university's greenhouses.
Romania’s planned increase in the dividend tax rate from 10% to 16% is expected to generate RON 3.6 billion (EUR 720 million) in annual revenues, finance minister Alexandru Nazare said on June 23 following his hearing before the expert committee in Parliament. “Yes, it is an annualised amount for next year, with an impact of […]
Romania’s new government, backed by the four pro-Western parties in Parliament holding a majority of 65%, has not published its ruling strategy, while versions of it have leaked to the media, providing a broad image but not very specific details. Notably, the strategy is expected to incorporate the elements outlined in the updated fiscal plan […]
Romania's new government, headed by prime minister Ilie Bolojan and backed by the four pro-Western parties in Parliament, was endorsed with a majority of 65% of the votes (301 of 465 MPs) and already held its first meeting on Monday, June 23, according to Hotnews.ro. The endorsement...
The European Bank for Reconstruction and Development (EBRD) announced on June 23 that it has received "multiple binding offers" for the acquisition of Giurgiulesti International Free Port (PILG), Moldova's main port. Romanian and Bulgarian ports have expressed their interest in PILG in the past,...
OMV Petrom (BVB: SNP), the largest integrated energy producer in South-Eastern Europe, announced it has entered into a partnership with renewable energy company Enery to jointly develop a 400 MW photovoltaic project in Byala Slatina, near Sofia, Bulgaria. The project is estimated to cost EUR 200 million, the company confirmed on June 24. As part […]
The number of micro-enterprises in Romania has dropped significantly to 326,461 in 2024 from a peak of over nearly 900,000 in 2022, according to Profit.ro. The decline follows successive tax regime restrictions...
