The American Chamber of Commerce in Romania mentions the worries of the business community it represents about the intention of the ruling coalition to increase the fiscal burden for large companies in Romania, at a moment when the investment and business climate has already been affected by many crises, according to a press release issued on Tuesday. In the opinion of AmCham representatives, the lack of predictability and the increase of instability through unexpected measures discourages investments and the companies' intentions for the Romanian market, the average and long term negative impact exceeding short term gains. In the outlook of AmCham, the import of measures applied in other countries do not guarantee their applicability to Romania's economy. So the practice of transferring budget pressure to the private environment overnight , without prior consulting, without a real impact study, without an analysis of compatibility with European law proved to be counter productive. According to AmCham representatives, overnight measures led to state budget losses, contrary to paper calculations that showed income increases. AmCham Romania makes appeal to giving up this measure and orienting government agenda to sustainable, responsible policies, which should contribute to the consolidation of investment rating and attracting investments. At the same time, AmCham Romania reiterates the need for honest dialogue and partnership between the private and public environments and expresses the availability and engagement to participate in real, transparent, substantial consulting on Romania's fiscal policy. At present, the over 470 American, multinational and Romanian companies, members of AmCham Romania community, make possible the AmCham involvement in promoting economic priorities for many activity domains, through specialized work groups such as: Stock Markets and Financial Services, Corporate Governing, Competition and State Aid, Energy, Education, Digital Economy, Fiscality, Environment, Labor Market, Health, European Funds, Public Purchases and Public-Private Partnership, Real Estate and Tourism.
A new four-star hotel is set to rise next to Bucharest’s Henri Coandă International Airport, following a EUR 45.5 million investment announced by real estate developer D. GROUP. The Wyndham Garden Bucharest Airport Hotel, scheduled to open in July 2027, will introduce the Wyndham Garden brand to Romania for the first time. Located 150 metres […]
Romania ranks 3rd in a European heatwave vulnerability ranking and will experience 3 heatwave events annually, lasting 17 cumulative days with average temperatures of 36.82°C, placing it ahead of all Mediterranean countries, according to new research from climate system experts at Reinders Corporation. The study analysed climate modelling data, heatwave frequency, and average temperatures across […]
Romania’s former prime minister, Marcel Ciolacu, won around 52% of the votes cast for the leadership of the Buzău County Council, a position he previously held. Ciolacu, backed by the Social Democratic Party (PSD), was followed by the candidate of the far-right party Alliance for the Union of Romanians (AUR), Ștefan Avrămescu, with 27% of […]
Romanian producers from Timiș and Tulcea claimed three gold medals at the 2025 edition of the Concours International de Lyon, one of Europe’s leading cheese and dairy competitions. Held in Lyon, the event brought together products from 15 countries and awarded a total of 680 medals, including 459 gold and 221 silver. From Romania, Asociația […]
Allianz-Țiriac Asigurări and Campion Grup, owner of one of Romania’s largest insurance brokerage companies, have signed an agreement under which the insurer will acquire the entire shareholding of Campion Broker. Founded in 2007 by entrepreneur Octavian Tatomirescu, Campion Broker currently ranks seventh among insurance brokerage firms in Romania and operates a nationwide distribution network of […]
Romania’s national team learned its potential group-stage opponents for the 2026 FIFA World Cup on Friday, December 5, during the official draw held at the John F. Kennedy Center for the Performing Arts in Washington, D.C. The winner of the UEFA play-off path that includes Romania will join Group D, alongside the United States, Paraguay, […]
