The draft emergency order about measures to finance budget deficit is a fiscal blow applied to small and medium businesses, with negative effects on investments, jobs andeconomy, but stimulating inflation, the National Confederation for Femela Entrepreneurship (CONAF) warned in a press release on last Friday. Taxes applied to small companies should support their activity, essential in a balanced modern market economy, but the latest fiscal amendments already applied have strongly affected small businesses and suggestions on government agenda may treble the fiscal burden, says Mihaela Mitroi, Managing Partner Global Tax Avdise, fiscal consultant, the president of CONAF Bucharest branch. She considers that inflation will be a colateral consequence of this increase of fiscal pressure, since, entrepreneurs will have to make services more expensive, in order to resist in the market. Under the pressure of a higher fiscal burden, profitable small companies will reduce or even delay investments. According to her, the government agenda also includes measures discouraging multiple individual investments in several small businesses, in a taxing plan that “defies fiscal logic.” The intensification of fiscal pressure on small and medium businesses already has a negative impact on the labour force market: hiring opportunities are reduced, the number of employees dropped because companies have reduced their investments and have adjusted the needed staff, Cristina Chiriac said. CONAF is the most powerful confederation in Romania gathering the interests of entrepreneurs in the European spirit of gender and chance equality.
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, […]
The Board of Directors convenes the Ordinary General Meeting of Shareholders on December 18/19, 2025 The Board of Directors of EVERGENT Investments, an investment company listed under the ticker EVER, has convened the Ordinary General Meeting of Shareholders for December 18/19, 2025. The proposal submitted for shareholders’ approval is the distribution of dividends from reserves […]
City Grill Group surpasses EUR 63.5 million in revenue in the first 10 months With one in six people affected by loneliness, according to the WHO, restaurants are once again becoming essential spaces for reconnection, and dining out is reclaiming its role as an authentic social experience. City Grill Group, the largest Romanian-owned restaurant chain, […]
