The European Commission decided on Friday to open an infringement procedure by sending a letter of formal notice to Romania, Belgium, Bulgaria, Greece, Spain, Lithuania and Portugal for failing to communicate to the Community Executive the measures for the full transposition of EU Directive 2022/542 regarding value added tax rates. EU member states had to communicate the full transposition of the Directive into national law by 31 December 2024, the EC press release also said. The directive allows for a wider use of reduced rates, including zero rates for essential products such as food, pharmaceuticals or those used for medical purposes. “Member States may exempt supplies of goods and services carried out within their territory by taxable persons who are established in that territory and whose annual turnover at Member State level, relating to those supplies of goods and/or services, does not exceed the threshold set by those Member States for the application of this exemption. That threshold may not exceed EUR 85,000 or the equivalent in national currency. Member States may set different thresholds for different economic sectors, based on objective criteria. However, none of these thresholds may exceed the threshold of EUR 85,000 or the equivalent in national currency,” according to the directive. The European Commission has therefore decided to send a letter of formal notice to the eight EU Member States to complete the transposition and notify their measures to the Community Executive. The mentioned States now have two months to respond to the EC’s requests. In the absence of a satisfactory response, the European Commission could decide to issue a reasoned opinion.
A snapshot of the CX market: aligning customer expectations with company strategies. Global and local CX leaders, strategy, HR and marketing specialists, as well as representatives of some of the most customer-centric companies in the region, gathered on October 14–15 at CX Conference 2025, an event organized by Customer Experience Romania, under the coordination of […]
Noam Mobili Design closed the first ten months of 2025 with a turnover of €1.91 million, approaching the total reported for 2024 of €2.1 million. The company expects to end the year at a similar level, with a slight increase, despite an economic context marked by cautious spending and delayed investment decisions. “In a year […]
Romania’s solar sector is entering a decisive phase, balancing immense potential with persistent grid and permitting challenges. In this exclusive Romania Insider interview, Alina Ștefan, Chief Commercial Officer at Enexus, and Mirel Jarnea, Country Manager of LONGi România, discuss how their partnership is redefining solar investment and execution in one of Europe’s fastest-growing renewable markets. […]
The fourth edition of the Climate Change Summit brought together over 1,300 leaders and innovators and generated over 1 million online views, confirming Romania's role in the international dialogue on economy, climate and innovation, with messages of support sent by President Nicușor Dan, Prime Minister Ilie Bolojan and European Commission President Ursula von der Leyen. […]
IKEA, the world’s largest furniture retailer, announced the opening of the first Planning and Order Studio in Cluj County on Thursday, October 23. Located inside the Kaufland Cluj-Gheorgheni shopping gallery in Cluj-Napoca, the location spans over 200 sqm and includes a planning area and a space displaying more than 1,100 IKEA items. The new studio […]
Romanian president Nicușor Dan said that EU countries must equip themselves to deter Russia “from thinking about an attack on Europe,” according to Agerpres. The danger is not new, Dan argued. The EU has been facing a hybrid war for at least a decade. The Romanian president made the statement...
