The legislative proposal on the introduction of mandatory contribution for economic actors affects market principles and restricts the principle of free association, according to the representatives of the Foreign Investors Council (FIC)."In a difficult economic context generated by developments in the energy market, inflation and geo-political instability, the economic environment needs measures to support companies and private initiatives. The legislative proposal on the introduction of mandatory contributions for economic actors affects the market principles, as well as restricts the free association principle. The introduction of such a framework will result in the disruption of the Romanian companies' competitiveness, through a new fiscal, but also bureaucratic burden," FIC informs in a press release on the new rules for the business environment.FIC representatives point out that measures are being taken at both European and national level to support the business environment so that companies can continue their work, which ultimately contributes to the state budget and creates jobs.FIC is the association that brings together the most important investors with foreign capital in Romania, approximately 120 of the largest companies in the country with a cumulative turnover that represents a fifth of the gross domestic product and that have a significant contribution to the state budget.Also on this topic, Concordia CEO Radu Burnete said on Thursday that forcing Romanian companies to pay taxes to an organization does a disservice to the business environment because such funding can easily turn into a form of political pressure on beneficiary organization.The President of the Romanian Chamber of Commerce and Industry, Mihai Daraban, announced on Wednesday that all Romanian companies will be obliged, before submitting the balance sheet to ANAF, to pay a contribution to be included in a catalog for the promotion of Romanian companies. The obligation was included in a draft amendment to Law 335/2007, the Law on Chambers of Commerce in Romania, a bill under parliamentary debate.
Cambridge School of Bucharest (CSB) has been shortlisted for the Student Mental Health Initiative of the Year category in the Tes Awards for International Schools 2025, becoming the only school in Romania to appear on this year’s shortlist. The nomination recognises CSB’s pioneering, student-led approach to promoting well-being across the Secondary School and reflects the […]
The Romanian Film Festival UK (RFF25UK) begins this week with a program showcasing a selection of new and archive Romanian feature films, documentaries, and shorts. The festival will open with the UK premiere of Traffic, Romania's 2026 Academy Awards entry. The film is directed by Teodora Ana Mihai from a screenplay by Palme d'Or–winning filmmaker […]
The government is preparing a major overhaul of state-owned companies, deputy prime minister Oana Gheorghiu announced on Monday, November 24, unveiling plans for a unified registry and initial reforms targeting 10 key enterprises. According to her, Romania currently has 1,502 state-owned companies, including 230 at central level and 1,272 under local authorities. Among central entities, […]
Two Romanians reportedly forced open an emergency exit and ran after the plane that was preparing to take off for Bucharest from Cologne, southwestern Germany, on Friday, November 21. The two, aged 28 and 47, were late for boarding, at which point they broke an emergency window and activated a button to open a secured […]
NOËL, the longest-running designer gift fair in Romania, will hold its 16th edition on December 13–14 at Unirea Shopping Center in Bucharest. The event will feature more than 100 designers presenting handmade and curated gifts, including unique pieces, capsule collections, and seasonal items. The fair will host creators from Romania as well as artists from […]
Romania will celebrate its National Day on December 1 with a large military parade in Bucharest featuring Romanian and allied troops. The event will also showcase an extensive display of military equipment and aircraft at the Arch of Triumph. More than 2,900 servicemembers and specialists from the Ministry of National Defense, Interior Ministry, Romanian Intelligence […]
