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.
“Little London” Theoretical High School, a private educational institution in Romania that values the Romanian educational system, has started construction work for the expansion of its school campus located in Voluntari, on Erou Iancu Nicolae Street. This initiative will increase high school capacity by 30% starting from the 2025-2026 academic year. In this context, the […]
British heavy metal band Iron Maiden will perform at Bucharest’s National Arena on May 28, 2026, as part of their “Run For Your Lives” anniversary world tour, promoter Emagic announced on Thursday, September 18. The concert will feature a career-spanning setlist highlighting defining moments from the group’s five-decade history, accompanied by what organizers described as […]
Three-quarters of Romanians believe that the war in Ukraine affects Romania to a very great and fairly great extent, according to the third edition of the Informat.ro barometer by INSCOP Research, carried out between September 1 and 9. The monthly survey, which aims to bring to public attention topics of interest, shows that “opinions are […]
Daniela Schoppmeyer, the majority shareholder and general manager of Faberrom, a company that took over in the 1990s most of the spaces of the former APACA clothing factory in western Bucharest, is the new owner of half of the emblematic Scala residential block, on Magheru Boulevard, Profit.ro reported. Schoppmeyer...
The Bucharest Municipal Parking Company (CMPB) inaugurated 189 new parking facilities with more than 12,400 spaces in the first half of 2025, while revenues from parking fees rose 20% year-on-year to RON 50.4 million (roughly EUR 10 million), the company said on Thursday, September 18. CMPB reported a net profit of RON 28.3 million for January–June […]
Romania has inaugurated underwater seagrass meadows and artificial reefs in the Black Sea as part of a major restoration project aimed at curbing erosion and reviving marine biodiversity, the National Administration “Apele Române” said. More than 20 hectares of seabed have already been planted with Zostera noltii seagrass and transplanted with Cystoseira barbata seaweed, creating […]
