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Economic Year 2015 : Stability for business environment, challenges for government authorities

January 7, 2015

The year 2015 seems to have had a good start. For the business environment but also for employees and the population. According to the Finance Minister, the forecasts pointing to an economic growth of over 3 per cent give more credibility to the dynamic of production and services, to a growth in the value of [...]

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Gross income in October 2024 for full-time employees - RON 8,374 

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 […]

Number of building permits for residential properties up 4.1% in first ten months

 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 […]

Ministry of Finance: VAT revenues increased by 6.7 billion RON in third quarter of 2025

 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 […]

BCR lists RON 1.12 bn bond issue on Bucharest Stock Exchange

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 […]

Study: Romania is among the region's most dynamic insurance markets 

  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 […]

Romanian and foreign investors request again elimination of minimum turnover tax

  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 […]