The U.S. Ambassador Kathleen Kavalec said on Thursday, in Galati, referring to the war in Ukraine, that Romania showed the world the true meaning of solidarity, the Americans being impressed by the way the people and the Government of Romania went to the border when the war started to help those in need.As strategic partners and allies in NATO, we are united in the face of Russia's unprovoked and illegal aggression, to support Ukraine and strengthen the collective defense within the Alliance. All this time, in the face of the unimaginable hardships endured by our neighbors in Ukraine, Romania showed the world the true meaning of solidarity. The mobilization and empathy on the part of the people of Galati for their neighbors was quite extraordinary. We were impressed by the way the people and the Government of Romania went to the border, to help those in need by offering tea and cake, along with material support. Your actions have made a difference in the lives of countless Ukrainian families, said Kathleen Kavalec.The ambassador publicly thanked the Romanians for the help offered to the Ukrainians and assured them that they will always have a partner in the United States of America.Thank you for showing the world that in times of crisis Romania remains united, ready to help those in need. We assure you that you will always have a partner in the United States. We are honored to be with you, said Kathleen Kavalec.Ambassador Kathleen Kavalec was in Galati on Thursday, where she participated in the opening of the traveling photographic exhibition "Noi, Poporul/ We the People", made by the U.S. Embassy in Bucharest, in partnership with the Ministry of Foreign Affairs of Romania, with the National News Agency AGERPRES and in collaboration with the University of Craiova, which is celebrating the 25th anniversary of the Strategic Partnership between the United States of America and Romania.
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 […]
Autonom Services, a mobility services company with bonds listed at the Bucharest Exchange, has entered into a credit facility agreement with a total value of EUR 300 million, with an option to subsequently increase the facility by up to EUR 50 million. The financing was attracted from a syndicate of banks that included Banca Transilvania, […]
