Virginius Sinkevicius, European commissioner for environment, oceans and fishing had a video conference with Tanczos Barna, the environment minister on Tuesday and requested the rapid completion of the process of adopting the bill on the environment evaluation of silvicultural arrangements and the other measures assumed by Romania. About infringement procedures initiated for not closing down industrial and municipal waste deposits, the European commissioner reiterated the importance of accelerating efforts and completing the whole process rapidly, so that Romania avoided possible sanctions from the EU forum. At the same time, Virginius Sinkevicius requested the most rapid completion of the adopting of the document on the environment evaluation of silvicultural arrangements and the other measures assumed by Romania. The two officials decided that technical teams continued working together to conclude the procedure as soon as possible. About waste management, Sinkevicius was informed about the adoption, by the government, of three decisions in August, by which Romania observes Commission demands: the government decision on waste regime, the decision about waste depositing and the one on wrapping management. The European official pointed out that in the next period Commission experts would analyze the package of decisions adopted and following the analysis they might decide to renounce the three infringement procedures. He also pointed out that the government decision ruling the setting up of the warranty return system for beverage wrapping wastes. (Photo:https://twitter.com/vsinkevicius)
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 […]
