Romania ranks seventh among the 27 states of the European Economic Area (EEA) by the amount of social security contributions, after the cap on the calculation basis was removed as of February 1, 2017, shows a survey conducted by Deloitte Romania. According to Deloitte analysts, beginning 2018, Romania might return to the middle of the […]
Romanian energy minister Sebastian Burduja announced that he is considering extending the capping-compensation scheme, in its current form, for another 3-6 months after April 1, 2025 – when it was supposed to be phased off. The ministry is working on several scenarios, he said. One of the scenarios is to keep the compensation-cap scheme for […]
Turkish exporters want to use a new maritime route for their goods and are looking at Romania’s port of Constanta in the context of hundreds of trucks waiting for a long time at the border crossings with Bulgaria, especially at those at Kapikule and Hamzabeyli, according to Türkiye Today. ...
The European Commission has refused to grant a temporary derogation from the obligation to purchase greenhouse gas emission certificates (CO2) for natural gas and coal-fired energy produced by Romanian companies OMV Petrom and CEO for the Republic of Moldova, according to
Romania's Competition Council announced on January 9 that it found that the country's three major cement producers, Holcim Romania, Romcim, and Heidelberg Materials, were responsible for price collusion and decided fines in a total amount of RON 217 million (nearly EUR 44 million). Holcim, which has to pay the largest...
International rating agency S&P announced it would carry out its first review of Romania's rating on January 24 and another two times later this year in April and October, according to
The Romanian owner of the major local dairy Simultan, Florin Herbai, is in talks about selling the company to a foreign investor, according to Economica.net. "We have been discussing selling [the company] for about eight months....
