The minister of national defence, Angel Tilvar has discussed in Berlin with the representatives of the Romanian companies in the aeronautical sector who were presented at the profile exhibitions and ILA 2024 about the cooperation solutions in the domain of production and business with the other participating companies, as well as about the promotion of their own products on an international level. "As I said at the BSDA 2024 exhibition in Bucharest, the defence industry is particularly important for the Ministry of National Defence," the Defence Minister said. "We have a very good cooperation with the Ministry of Economy and together we are looking for the best solutions to make the most of the opportunities offered to Romanian companies by the military procurement programmes. In today's complex security environment, in which Romania's strategic efforts are focused on increasing defence capabilities at the national and allied levels, the Army will continue to acquire high-performance military equipment and techniques that will ensure the capabilities needed to fulfil the missions and commitments undertaken towards NATO and Romanian citizens," Tilvar concluded.
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 […]
