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.
The ECOTECA Association, in partnership with the Ministry of Environment, Waters and Forests, is organizing the conference “Return & Recycle Insights – 2 Years of DRS in Romania”, which will take place on 26 November 2025, between 09:00 – 13:00, at the Bucharest University of Economic Studies (ASE). The event will bring together representatives […]
Nine years after opening its doors, Veranda Mall enters its most exciting chapter yet. What began as a project to breathe new life into the Obor neighborhood has evolved into one of Bucharest’s most beloved destinations for shopping, leisure, and connection. As it marks this anniversary, Veranda unveils a winter events lineup rich in culture, […]
Purcari Wineries (BVB: WINE), CEE’s leading wine producer, announced its financial results for the first nine months of 2025 on Friday, November 14. The company saw a decline of 1.46% in pretax EBITDA earnings from the similar period last year. Specifically, earnings decreased to RON 84.66 million from RON 85.92 million last year. Meanwhile, group […]
With a solid 35-year uninterrupted presence on the Romanian market, Darian—one of the longest-standing consultancy groups with fully Romanian capital—reaffirms its role as a strategic partner for the business environment. Darian marks this anniversary not through grand promises, but by strengthening its core working philosophy: acting as a “co-pilot” for complex decision-making. The company emphasizes […]
The National Bank of Romania (BNR) revised its inflation forecast upward, from 8.8% to 9.6%, for the end of 2025. The institution anticipates that inflation will reach 3.7% at the end of 2026, compared to 3% in the previous forecast, according to data presented on Friday, November 14, by governor Mugur Isărescu. Compared to the […]
The state-owned company Transelectrica (BVB: TEL), the operator of the Romanian national energy system, recorded a net profit of RON 183 million in the first nine months of the year, down 56% compared to the same period last year. Operating revenues fell by 2%, to RON 1.716 billion, mainly due to the decrease in revenues […]
