The arrears of the general consolidated budget decreased by 14.3% in December 2023, as compared to the previous month, at 279.97 million lei, from 326.63 million lei in November, according to the data published on the site of the ministry of finances (MF).Arrears over 90 days decreased by 2.72% from 110.6 million lei to 107.6 million lei, those over 120 days decreased by 32% from 155.9 million lei in November 2023 to 106 million lei in December 2023. Arrears over 360 days increased by 10.3%, from 60.2 million lei to 66.4 million lei. According to the quoted source, as regards the local budgets, the arrears diminished by 15.6% from 304.86 million lei (in November 2023) at 257.31 million lei (December 2023).Debts over 90 days decreased by 5.14% to 101.5 million lei, those over 120 days decreased by 33.25% to 98.6 million lei, while arrears over 360 days increased by 14% to 57.2 million lei. In the "State budget and autonomous" chapter, arrears increased from 21.78 million lei in November 2023 to 22.66 million lei in December 2023 (+4%). Arrears over 90 days increased by 66.6% to 6 million lei, those over 120 days decreased by 9.8% to 7.4 million lei and those over 360 days decreased by 8% to 9.2 million lei.
A street in Bucharest’s District 3 has been closed to traffic after the state-owned gas network operator Transgaz warned that it had been built over natural gas pipelines in violation of safety standards. Brățării Street was allegedly built by the District 3 City Hall in the area without proper measures in place. Vehicular traffic over […]
Paysera is strengthening its position in Romania by targeting a gap long overlooked by traditional banks: affordable, fully digital financial services for small and medium-sized businesses. In an interview with Romania Insider, Daniel Turbatu, Country Manager of Paysera Romania, says the company’s biggest advantage remains its free business account, which can be opened entirely online […]
DN Agrar Group (BVB: DN), one of the leading integrated agrifood companies in Romania and the largest dairy milk producer in Europe, reported record results for the first nine months of 2025. The company achieved a turnover of RON 158 million, a 25% increase year-on-year, while net profit doubled to RON 43 million, backed by […]
Presidential adviser Ludovic Orban is leaving his position after just six weeks in office, following a mutual agreement with president Nicușor Dan to end their collaboration, the Presidential Administration announced on Tuesday, November 18, as reported by Agerpres. Orban, a former prime...
Yellow Fresh Fruits has quickly emerged as one of Romania’s most dynamic fresh fruit importers, reshaping a market where consistency and speed increasingly define competitiveness. In an interview with Romania Insider, Fryderyk Schiller, COO of Yellow Fresh Fruits, outlines how the company expanded from its Polish origins to operating advanced ripening centers in Timișoara, Bucharest, […]
The design phase for the most difficult section of the A8 highway, namely Lot 2B Grinţieş-Pipirig, has begun, according to a statement given by Romanian transport minister Ciprian Şerban on Monday, November 18. The contract for the section, valued at RON 5.97 billion (EUR 1.17 billion), was signed at the end of October. In total, […]
