The National Supervisory Council of the Railway Sector (CNSDF), within the Competition Council, sanctioned Grup Feroviar Roman [Romanian Railway Group] with Ron 3.49 million lei for not complying with the measures imposed by the national regulatory body and for not allowing access to all railway transport operators to the service infrastructures they operate in the CF Palas station in the Constana Port area.According to a press release sent on Monday, CNSDF decided, in October 2023, as a result of a complaint by CFR Marfa, that Grup Feroviar Roman SA (GFR) and Trans Expedition Feroviar SRL (TEF) grant, under fair conditions, non-discriminatory and transparent, the right of access of all railway transport operators to the service infrastructures at CF Palas station and to the services offered within these infrastructures.At the same time, GFR had to publish the description of the service infrastructures in the CF Palas station, the services offered within these infrastructures and the tariffs charged, including information on the coordination procedure and the prioritization criteria, in order to maximize the available capacity.Also, the company had to recalculate and publish the tariffs for the services offered within these infrastructures.
The gross income of employees who worked full-time under a labour contract and were paid for the entire month of October 2024 was RON 8,374, more than a quarter above the basic gross salary of RON 6,553, according to data from the National Institute of Statistics (INS) published on Friday.Around 40% of these employees earned […]
Over 31,600 building permits for residential properties were issued in the first ten months of this year, up 4.1% compared with the same period last year, according to data from the National Institute of Statistics (INS) published on Friday.Increases were recorded in all development regions: West (+297 permits), Centre (+235), North-West (+192), North-East (+134), South-East […]
VAT revenues increased in the third quarter of this year by 6.74 billion lei compared to the same period last year, totaling 35.48 billion RON, out of a total of 94.75 billion RON for the first nine months of 2025, according to data transmitted on Monday by the Ministry of Finance.Of the amount of 6.74 […]
Banca Comerciala Romana (BCR) listed on Friday a new bond issue on the Regulated Market of the Bucharest Stock Exchange (BVB), worth 1.12 billion RON, the BVB said in a release.This is the 11th bond issue listed by BCR on the Stock Exchange to date, bringing the total value of BCR's listed bonds close to […]
Romania's insurance sector is strengthening its performance against the backdrop of a dynamic market undergoing significant structural transformation, according to a new study on developments in the insurance markets of Central and Eastern Europe, conducted by a consultancy firm in partnership with a research provider."Romania stands out as one of the most dynamic insurance […]
The minimum turnover tax is a barrier to investment, and in a period when the private sector is undergoing restructuring and layoffs, it adds additional pressure on companies, according to a letter signed by 14 investor organizations that once again request the elimination of the minimum tax."In view of the discussions on the construction […]
